ENN Energy updates on takeover, share options, and dealings
ENN Energy Holdings (HKEX:2688) announced updates related to the pre-conditional proposal by Xinneng (Hong Kong) Energy Investment Limited to privatize the company via a scheme of arrangement. Key changes include the lapse of 135,000 ENN Share Options and 52,000 ENN Share Awards on May 31, 2025, and the exercise of 10,000 ENN Share Options on June 4, 2025. Following these changes, ENN Energy's relevant securities comprise 1,131,239,875 shares, 5,448,426 share options, and 379,000 share awards. The company reminded associates, as defined in the Takeovers Code, of their disclosure obligations regarding dealings in ENN Energy's securities. Separately, UBS AG, identified as an exempt principal trader connected to the Offeree company, disclosed closing out of 173,026 call options on May 30, 2025, for a total of USD17,972.2106. Shareholders and potential investors are urged to exercise caution and seek professional advice due to the conditional nature of the privatization proposal.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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