ENN Energy (02688): BlackRock Trims Stake by 10.43K Shares, Holding Slips to 5.82% Amid Privatisation Process

Bulletin Express
Mar 10

Hong Kong, 10 March 2026 — ENN Energy Holdings Ltd. (02688) has disclosed share dealings by BlackRock, Inc. under Rule 22 of the Hong Kong Code on Takeovers and Mergers in connection with the group’s proposed privatisation by scheme of arrangement.

On 9 March 2026, BlackRock executed four on-market transactions: • Purchase: 29,100 shares at HK$67.60 • Sales: 12,200 shares at HK$67.60; 25,500 shares at HK$67.78; 1,830 shares at HK$67.52

The trades resulted in a net disposal of 10,430 shares. Following the transactions, BlackRock’s aggregate holding declined to 65.89 million shares, representing 5.82 % of ENN Energy’s issued share capital.

The disclosure categorises BlackRock as a Class (6) associate of the offeree company owing to its shareholding, with all trades executed for discretionary investment clients. No other share dealings were reported in the filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10