UBS discloses share dealings in ENN Energy privatization

On October 17, 2025, a public disclosure revealed that UBS AG engaged in share dealings related to ENN Energy Holdings Limited's privatization by way of a scheme of arrangement. The disclosure, made pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers, detailed a purchase of ordinary shares by UBS AG on October 16, 2025.

UBS AG acquired 46,600 ordinary shares for a total of $3,098,129.9947. The dealings were described as hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders. The highest price paid per share was $67.3000, while the lowest price paid was $66.4129.

UBS AG is identified as an exempt principal trader connected with ENN Energy Holdings Limited. It was stated that these dealings were made for UBS AG's own account, and the entity is ultimately owned by UBS Group AG.