ENN Energy (02688) | BlackRock Lifts Stake to 5.86% with 0.45 Million-Share Purchase at $67.60

Bulletin Express
Mar 11

Hong Kong, 10 Mar 2026 — ENN Energy Holdings Ltd (02688) is progressing toward privatisation via a scheme of arrangement. In connection with the process, BlackRock, Inc., classified as a Class (6) associate of the offeree company under the Hong Kong Code on Takeovers and Mergers, disclosed the following dealings in ENN Energy shares on 9 March 2026:

On the US exchange, BlackRock sold 556 shares at a price of $67.60 each, trimming its position to 65.89 million shares (5.82% of the listed class). Later the same day, the firm purchased 448,479 shares at the identical price of $67.60, raising its ownership to 66.34 million shares, equivalent to 5.86% of ENN Energy’s issued share capital.

All transactions were executed on behalf of discretionary investment clients. The disclosure was filed with the Executive under Rule 22 of the Hong Kong Code on Takeovers and Mergers, as required during the ongoing privatisation exercise.

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