7 March 2026—A mandatory disclosure filed under Rule 22 of the Hong Kong Code on Takeovers and Mergers shows that BlackRock, Inc., a Class (6) associate of ENN Energy Holdings Ltd., executed multiple trades in the offeree’s shares on 6 March 2026.
BlackRock sold 34,100 shares at $68.30 per share, then purchased a total of 242,300 shares at prices between $68.30 and $68.68. A further sale of 26,400 shares was completed at $69.44. Net of all transactions, BlackRock acquired 181,800 shares, representing an estimated cash outflow of approximately $12.44 million.
Following these dealings, BlackRock’s holding rose to 77.70 million shares, equal to 6.8646 % of ENN Energy’s issued share capital. This compares with a 6.8455 % stake before the trades.
The disclosure is made in connection with the ongoing privatisation of ENN Energy by way of a scheme of arrangement.