On 19 January 2026, a public disclosure form was published regarding the privatisation of ENN Natural Gas Co. Ltd. by way of a scheme of arrangement. According to the form, UBS AG, an exempt principal trader connected with ENN Natural Gas Co. Ltd., reported several dealings in the company’s A shares on 16 January 2026.
UBS AG’s transactions included both purchases and sales under hedging arrangements arising from wholly unsolicited client-driven orders. The reported purchase volumes reached 155,200 and 724,000 shares, with total consideration amounts of RMB 3,014,950.0016 and RMB 14,058,431.9228 respectively. The sales spanned five tranches involving 109,800, 396,600, 100, 7,700, and 1,000 shares, each reflecting corresponding total values and price ranges disclosed in the announcement. In addition, two derivative-related sales were noted for baskets or indices referencing the company’s shares in proportions below stipulated thresholds.
UBS AG is ultimately owned by UBS Group AG, and all transactions were executed for its own account. Dealings were conducted in RMB and covered ENN Natural Gas Co. Ltd.’s ordinary A shares. No further details beyond those stated in the disclosure were provided.
