ENN Energy: Share Capital Updated, Privatization Looms Closer

ENN Energy Holdings Limited announced an update on its issued relevant securities on September 16, 2025, in accordance with Rule 3.8 of the Takeovers Code. This follows the exercise of 1,000 ENN Share Options granted under the ENN 2012 Share Option Scheme.

As a result, the company's relevant securities now comprise 1,131,253,275 ENN shares in issue, 5,375,026 ENN Share Options, and 259,000 ENN Share Awards. The Share Options entitle holders to subscribe for an equal number of new ENN shares, while the Share Awards are not convertible into ENN shares.

This update occurs amidst a pre-conditional proposal by Xinneng (Hong Kong) Energy Investment Limited to privatize ENN Energy via a scheme of arrangement. Shareholders and potential investors are cautioned to exercise prudence, as the proposal and the associated ENN Share Option Offer remain subject to pre-conditions and may not proceed.