On 22 January 2026, the Executive received a public disclosure form regarding privatisation by way of a scheme of arrangement for ENN Energy Holdings Limited. UBS AG, an exempt principal trader connected with ENN Energy Holdings Limited, reported dealings in the ordinary shares of the company on 21 January 2026 pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers.
UBS AG purchased 6,700 shares for a total consideration of US$455,100 through hedging of Delta 1 products. The highest price paid in these purchases was US$68.05, and the lowest was US$67.80. In addition, 12,200 shares were sold for a total of US$827,590 in connection with pre-existing index-tracking ETFs, at prices ranging from US$67.80 to US$67.90. A further purchase of 21,300 shares took place for US$1,456,940 in client facilitation trades, carried out in response to wholly unsolicited client-driven orders, at prices from US$68.05 to US$68.85.
These transactions were made for the account of UBS AG, and resultant proprietary positions (if any) are set to be flattened no later than the close of the morning trading session on the next trading day. The disclosure arises from UBS AG’s status as a principal trader in the context of the privatisation of ENN Energy Holdings Limited.
