ENN Energy privatization continues with associate dealings disclosed

ENN Energy Holdings Limited has announced ongoing developments concerning the pre-conditional proposal by Xinneng (Hong Kong) Energy Investment Limited to privatize ENN Energy via a scheme of arrangement. The company has been issuing updates pursuant to Rule 3.8 of the Hong Kong Code on Takeovers and Mergers, with the latest activity on October 13, 2025, including the exercise of 1,000 ENN Share Options under the ENN 2012 Share Option Scheme, resulting in 1,000 new ENN Shares being issued.

In a related disclosure, CITIC Securities Company Limited, identified as a Class (5) associate connected with the Offeror, reported dealings in A shares of ENN Natural Gas Co. Ltd. on October 10, 2025. These dealings involved the purchase of 1,300 ordinary shares for a total of RMB 24,447.0000, with prices ranging from RMB 18.7500 to RMB 18.8100. CITIC Securities stated these dealings, made for its own account, were in pre-existing index-tracking ETFs.

The total relevant securities issued by ENN Energy now comprise 1,131,256,275 ENN Shares in issue, 5,372,026 ENN Share Options, and 259,000 ENN Share Awards. Shareholders and potential investors are reminded to exercise caution as the proposal is subject to pre-conditions and may or may not proceed.