On 21 October 2025, ENN Natural Gas Co., Ltd. announced a public disclosure related to its privatisation by way of a scheme of arrangement. The filing reveals that Morgan Stanley Capital Services LLC, a Class (5) associate connected with the Offeror, conducted a series of derivative dealings on 20 October 2025 involving A shares of ENN Natural Gas Co., Ltd.
Morgan Stanley Capital Services LLC entered into both purchase and sale transactions under unsolicited client facilitation, each involving 93,100 reference securities at a price of RMB18.4272, with a total consideration of RMB1,715,576.0440 for each transaction. Both transactions share a maturity date of 9 November 2026 and resulted in a balance of zero. According to the disclosure, these trades were conducted for Morgan Stanley Capital Services LLC’s own account, and the entity is ultimately owned by Morgan Stanley. Dealings were made in RMB.