Enn Natural Gas Co.,Ltd. (ASX: 600803) has issued an announcement regarding its intention to increase its shareholding in its controlling subsidiary, ENN ENERGY (ASX: 02688). The company plans to execute this share purchase through its wholly-owned subsidiary, Xin Neng (Hong Kong) Energy Investment Co., Ltd. The acquisition will be conducted in compliance with all applicable regulations.
The specific details of the transaction, including the purchase price, timing, and the exact number of shares to be bought, will be determined based on prevailing market conditions. As of the date of the announcement, Xin Neng (Hong Kong) already holds 388 million shares of ENN ENERGY.
According to information current up to May 31, 2026, ENN ENERGY has a total of 1.132 billion issued shares. The shares held by Xin Neng (Hong Kong) represent approximately 34.26% of the subsidiary's total issued share capital.