On 19 January 2026, ENN Natural Gas Co., Ltd. announced details of a share dealing under its proposed privatisation by way of a scheme of arrangement. According to the disclosure, Morgan Stanley Bank, N.A., a Class (5) associate connected with the Offeror and ultimately owned by Morgan Stanley, carried out transactions in A shares on 16 January 2026. These transactions were for hedging Delta 1 products arising from wholly unsolicited client-driven orders and were made for its own account.
Morgan Stanley Bank, N.A. purchased a total of 25,685 shares at a combined amount of RMB 500,175.65. The highest price paid was RMB 19.83, and the lowest price paid was RMB 19.22. All transactions were executed in RMB, involving ordinary shares of ENN Natural Gas Co., Ltd.

