Morgan Stanley Unit Files Zero-Balance Derivative Dealings in ENN ENERGY (02688) A-Shares

Bulletin Express
03/16

Hong Kong, 16 March 2026—The Executive of the Hong Kong Code on Takeovers and Mergers has received a Rule 22 disclosure detailing recent dealings by Morgan Stanley Capital Services LLC, a Class (5) associate connected with the offeror in the proposed privatisation of ENN Natural Gas Co., Ltd. (A-share entity related to ENN ENERGY, HKEX: 02688).

Key transaction details • Trade date: 13 March 2026 • Instrument: A-share derivatives described as “other types of products” • Purpose: Unsolicited client facilitation involving both a sale and an offsetting purchase • Volume: 15,200 reference securities for each leg • Reference price: USD 22.5889 per share • Notional consideration: USD 0.34 million for each leg • Maturity / closing-out date: 31 August 2027 • Resultant position: Zero; no net holding in ENN Natural Gas Co., Ltd. after the transactions

Morgan Stanley Capital Services LLC executed the dealings on its own account and is ultimately owned by Morgan Stanley. The trades form part of disclosures required during the ongoing scheme-of-arrangement process aimed at privatising the Hong Kong-listed parent, ENN ENERGY (02688).

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