On 18 October 2025, a public disclosure form was published regarding the privatisation of ENN Energy Holdings Limited (2688) by way of a scheme of arrangement. According to the form, BlackRock, Inc. reported multiple dealings in ENN Energy shares on 17 October 2025 under Rule 22 of the Hong Kong Code on Takeovers and Mergers.
Transactions included both purchases and sales at prices generally ranging from approximately $65.32 to $66.35 per share. Following these transactions, BlackRock, Inc. held a balance of 53,271,982 ENN Energy shares, representing about 4.7091% of the company’s issued share capital. BlackRock, Inc. is classified as a Class (6) associate of the offeree company by virtue of its ordinary shareholding, and the reported dealings were conducted for the account of discretionary investment clients.