On 23 February 2026, a public disclosure form announced details regarding the privatisation of ENN Energy Holdings Limited by way of a scheme of arrangement. The Executive received a disclosure of securities dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers, highlighting activity by UBS AG on 20 February 2026.

UBS AG reported purchases and sales of ENN Energy Holdings Limited ordinary shares, linked to hedging of Delta 1 products resulting from wholly unsolicited client-driven orders. The purchase involved 48,700 shares for a total of 3.36 million dollars at prices ranging between 68.89 dollars and 69.20 dollars. The sale covered 300 shares for 0.02 million dollars at a price of 69.10 dollars.

UBS AG is an exempt principal trader connected with ENN Energy Holdings Limited and carried out these dealings for its own account. It is ultimately owned by UBS Group AG.