On 16 February 2026, an announcement was made regarding the proposed privatisation of ENN Natural Gas Co., Ltd. by way of a scheme of arrangement. Morgan Stanley & Co. International plc, classified as a Class (5) associate connected with the offeror and ultimately owned by Morgan Stanley, disclosed a sale transaction under Rule 22 of the Hong Kong Code on Takeovers and Mergers.
On 13 February 2026, Morgan Stanley & Co. International plc sold 38,600 derivatives referencing A shares of ENN Natural Gas Co., Ltd. at a reference price of US$19.10, for a total amount of US$0.74 million. The maturity date for these derivatives is 27 January 2027, and the resultant balance after this sale is 0. The dealing was made in RMB for the entity’s own account.