ENN Energy (02688.HK): Morgan Stanley Reports Purchase of 7,600 ENN Natural Gas A-Shares Amid Pending Privatisation

Bulletin Express
Mar 13

Hong Kong, 13 March 2026—Under Rule 22 of the Hong Kong Code on Takeovers and Mergers, Morgan Stanley & Co. International plc disclosed on 12 March 2026 the purchase of 7,600 A-shares of ENN Natural Gas Co., Ltd. The transaction arose from hedging activities linked to Delta 1 products generated by wholly unsolicited client-driven orders.

The block was acquired for a total consideration of RMB 0.17 million, with individual trade prices ranging between RMB 21.47 and RMB 22.36 per share, implying an average cost of approximately RMB 21.73.

Morgan Stanley & Co. International plc, a Class (5) associate connected with the offeror in the ongoing privatisation of ENN Natural Gas by way of a scheme of arrangement, executed the dealings for its own account. The entity is ultimately owned by Morgan Stanley.

No additional dealings or price-sensitive information were disclosed in the filing.

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