On 20 February 2026, a public filing was issued regarding the privatisation by way of scheme of arrangement of ENN Energy Holdings Limited. The document disclosed that Morgan Stanley & Co. International plc conducted multiple derivatives transactions on 16 February 2026 for its own account, classified as unsolicited client facilitation. Two purchase transactions covered a total of 22,100 reference securities with prices near US$68.71 to US$68.73, amounting to US$1.52 million in total. Seven sale transactions covered 9,100 reference securities at reference prices around US$68.70 to US$69.09, with total proceeds of US$627,062.06.
Morgan Stanley & Co. International plc is a Class (5) associate connected with the offeror and is ultimately owned by Morgan Stanley. The resultant balance reported for the disclosed transactions stood at zero. The filing was made under Rule 22 of the Hong Kong Code on Takeovers and Mergers.