ENN Natural Gas Co., Ltd. – Disclosure of Dealings by Morgan Stanley & Co., International plc

Bulletin Express
Nov 12

On 12 November 2025, ENN Natural Gas Co., Ltd. released a public disclosure form regarding share dealings by Morgan Stanley & Co., International plc. These transactions, dated 11 November 2025, involved derivatives facilitating both sales and a purchase of the company’s A shares. The reference prices ranged around RMB 20.09 to RMB 20.33 per share, with total amounts transacted exceeding RMB 2 million in aggregate. All dealings resulted in a zero balance for the securities involved.

Morgan Stanley & Co., International plc is identified as a Class (5) associate connected with the Offeror and is ultimately owned by Morgan Stanley. According to the disclosure, each of these dealings was executed on Morgan Stanley & Co., International plc’s own account and in compliance with the Hong Kong Code on Takeovers and Mergers.

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