Morgan Stanley discloses ENN Energy share dealings during privatization

On October 3, 2025, the Executive of the Securities and Futures Commission published a disclosure of dealings in shares of ENN Energy Holdings Limited, related to its privatization by way of scheme of arrangement. Morgan Stanley Capital Services LLC, an associate connected with the offeror and ultimately owned by Morgan Stanley, reported several transactions made for its own account on October 2, 2025.

The transactions involved derivatives related to "other types of products." One set of dealings included an unsolicited client facilitation purchase of 62 reference securities, valued at $64.3002 per security, totaling $3,986.6100. Simultaneously, there was an unsolicited client facilitation sale of 62 reference securities at the same price, also totaling $3,986.6100. Both transactions had a maturity/closing out date of June 1, 2027.

Further dealings on the same date included an unsolicited client facilitation purchase of 100 reference securities at $64.2000 each, amounting to $6,420.0000, and an unsolicited client facilitation sale of 100 reference securities at $64.2000, also totaling $6,420.0000. These specific transactions had a maturity/closing out date of June 16, 2027. All reported dealings showed a resultant balance of 0, indicating a balanced trading position from these specific activities.