Hong Kong, 24 March 2026—ENN Natural Gas Co., Ltd. reported securities dealings linked to its ongoing privatisation scheme. Morgan Stanley & Co. International plc, identified as a Class (5) associate of the offeror, executed two Delta-1 hedging transactions on 23 March 2026 involving A-shares of ENN Natural Gas:
• Purchases: 317,900 shares for RMB7.39 million, with prices ranging from RMB22.94 to RMB23.70 per share. • Sales: 8,100 shares for RMB0.19 million, with prices between RMB22.96 and RMB23.54 per share.
Net of the paired trades, Morgan Stanley increased its position by 309,800 shares at a net cash outflow of approximately RMB7.21 million. All trades were executed on the firm’s own account and resulted from wholly unsolicited, client-driven orders. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley.