On 17 March 2026, the Executive under the Hong Kong Code on Takeovers and Mergers disclosed derivative transactions in ENN Energy Holdings Limited (02688) shares undertaken by Morgan Stanley Capital Services LLC, a Class (5) associate of the offeror in the company’s proposed privatisation by way of scheme of arrangement.
According to the filing, all dealings occurred on 16 March 2026 and involved “other types of products” executed as unsolicited client facilitation trades:
• Purchases referencing 100, 1,000 and 9,500 ENN Energy shares at reference prices of USD 67.00, USD 67.45 and USD 67.42, respectively.
• Corresponding sales for identical quantities, reference dates and prices.
The gross consideration amounted to USD 714,659.99 across purchases and an identical amount across sales, leaving Morgan Stanley Capital Services LLC with a resultant balance of zero in derivatives linked to ENN Energy shares.
All transactions were executed for the firm’s own account, and no outstanding derivative exposure to ENN Energy remains following the closing-out of these positions.