ENN Natural Gas – Disclosure of Morgan Stanley Bank, N.A. Dealings (22 October 2025)

Bulletin Express

10/22

On 22 October 2025, a disclosure of dealings in the shares of ENN Natural Gas Co., Ltd. was released in connection with a privatisation by way of a scheme of arrangement. According to the filing, Morgan Stanley Bank, N.A., a Class (5) associate connected with the Offeror, reported a purchase of 71,300 ordinary shares on 21 October 2025. The total amount paid was US$1,314,488, with the highest transaction price at US$18.53 and the lowest at US$18.40.

Morgan Stanley Bank, N.A. indicated that the dealing resulted from hedging of Delta 1 products created by wholly unsolicited client-driven orders. The filing further noted that Morgan Stanley Bank, N.A. is ultimately owned by Morgan Stanley. These transactions involved A shares of ENN Natural Gas Co., Ltd. and were made in RMB.

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Dealings (22 October 2025)\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-10-22 17:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On 22 October 2025, a disclosure of dealings in the shares of ENN Natural Gas Co., Ltd. was released in connection with a privatisation by way of a scheme of arrangement. According to the filing, Morgan Stanley Bank, N.A., a Class (5) associate connected with the Offeror, reported a purchase of 71,300 ordinary shares on 21 October 2025. 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