FilingReader Intelligence

BlackRock sells ENN Energy shares amid privatization scheme

September 5, 2025 at 09:20 AM UTCBy FilingReader AI

BlackRock, Inc., identified as a Class (6) associate of ENN Energy Holdings LTD, has disclosed a sale of 345,774 shares in the company. This transaction occurred on September 3, 2025, with each share priced at $63.60. The disclosure was made public on September 4, 2025, in accordance with Rule 22 of the Hong Kong Code on Takeovers and Mergers, pertaining to a privatization by way of a scheme of arrangement for ENN Energy.

Following this sale, BlackRock, Inc.'s resultant balance in ENN Energy Holdings LTD stands at 57,162,877 shares. This holding represents 5.0531% of the class, including shares held by any person with whom there is an agreement or understanding. The dealings were executed for the account of discretionary investment clients and took place on the US exchange.

This movement in shares by a significant associate provides insight into the ongoing privatization process of ENN Energy Holdings LTD. The detailed disclosure underscores the transparency requirements for substantial dealings during takeovers and mergers, ensuring that market participants are informed of changes in major holdings.

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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