On 22 October 2025, a disclosure was made regarding dealings in the shares of ENN Energy Holdings Limited. Morgan Stanley & Co., International plc (a Class (5) associate connected with the Offeror) reported transactions conducted on 21 October 2025 involving derivatives categorized as unsolicited client facilitation. These transactions comprised sales of 38, 62, and 7,300 relevant securities, alongside purchases of 700, 2,900, and 3,100 units. Reference prices ranged between $67.15 and $67.80, with total paid or received amounts varying accordingly. All resultant positions were recorded as zero following each transaction.

Morgan Stanley & Co., International plc confirmed that these dealings were made for its own account and stated that it is ultimately owned by Morgan Stanley.