ENN Energy (02688) Privatisation: CICC Buys 24,200 ENN Natural Gas A-Shares for RMB0.53 Million

Bulletin Express
Mar 10

Hong Kong’s Takeovers Executive has disclosed dealings linked to the proposed privatisation of ENN Natural Gas Co., Ltd. The report, filed on 10 March 2026 under Rule 22 of the Hong Kong Code on Takeovers and Mergers, records the following key details:

• Trader and role: China International Capital Corporation Limited (CICC), classified as an exempt principal trader connected with the offeror and acting for its own account.

• Transaction date: 9 March 2026.

• Nature of dealing: Purchase of ordinary A-shares in the course of creating new index-tracking exchange-traded funds. The position represents less than 1% of ENN Natural Gas’s issued A-share capital and under 20% of the basket’s value.

• Volume and consideration: 24,200 shares acquired for RMB0.53 million.

• Price range: RMB21.65 (lowest) to RMB21.85 (highest) per share.

The disclosure maintains transparency requirements during the ongoing scheme-of-arrangement process aimed at taking ENN Natural Gas private. No other share dealings were reported in this 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