Privatisation Update: Wellington Management Group LLP Lifts ENN Energy Stake to 6.29% via ADR Purchase

Bulletin Express
06/03

Hong Kong’s Takeovers Executive has disclosed that Wellington Management Group LLP increased its holding in ENN Energy Holdings Limited on 1 June 2026, amid the utility group’s proposed privatisation by way of scheme of arrangement.

The investment manager bought 196 American Depositary Receipts of ENN Energy at USD 28.45 each. Following the transaction, Wellington Management’s aggregate interest rose to 71.15 million shares, representing 6.29 % of the company’s issued share capital.

The filing classifies Wellington Management Group LLP as a Class (6) associate of the offeree because of its existing shareholdings. All dealings were executed for discretionary investment clients, and Wellington Management Company LLP remains the ultimate parent entity.

The disclosure was made under Rule 22 of the Hong Kong Code on Takeovers and Mergers, which mandates timely reporting of share dealings by associates during an active privatisation or takeover process.

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