Morgan Stanley reports ENN Energy dealings amid privatization

On October 8, 2025, a disclosure of securities dealings related to ENN Energy Holdings Limited, currently undergoing privatization via a scheme of arrangement, was received. The transactions, made by Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror, were reported pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers.

The dealings, conducted on October 6, 2025, involved unsolicited client facilitation sales of derivatives referencing ENN Energy shares. Transactions included the sale of 38 derivatives maturing on August 14, 2026, at a reference price of $63.8000, totaling $2,424.4000. Additionally, 62 derivatives maturing on June 1, 2027, were sold at $63.7998 for $3,955.5900, and 100 derivatives maturing on July 30, 2027, at $63.7500 for $6,375.0000.

Further sales on the same date included 200 derivatives maturing on October 30, 2026, at $63.7500 for $12,750.0000. Subsequent dealings on November 17, 2025, involved the sale of 200 derivatives at $63.6500 for $12,730.0000, 2,800 derivatives at $63.6929 for $178,340.1200, and 5,000 derivatives at $63.6910 for $318,455.0000. All these later transactions also mature on November 17, 2025. These dealings were executed for Morgan Stanley's own account.