ENN Energy: BlackRock Acquires 12.85 Million Shares, Lifting Holding to 7.14% During Privatisation Process

Bulletin Express
Jun 05

On 4 June 2026, the Executive under the Hong Kong Code on Takeovers and Mergers disclosed that BlackRock, Inc. bought 12.85 million ENN Energy Holdings Ltd shares on 3 June 2026. The trade was executed at USD 53.20 per share on a U.S. exchange and was conducted for discretionary investment clients.

Following the purchase, BlackRock’s aggregate position in ENN Energy rose to 80.81 million shares, representing 7.14 % of the company’s issued share capital. The asset manager is classified as a Class (6) associate of the offeree because of its shareholding in the company, which is currently subject to a privatisation by way of a scheme of arrangement.

No additional dealings or arrangements were reported. The disclosure was made in accordance with Rule 22 of the Hong Kong Code on Takeovers and Mergers.

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