ENN Energy Holdings associate exercises share options amid privatization

Zhang Wenhui, an associate connected with ENN Energy Holdings Limited, disclosed dealings in the company's shares on October 23, 2025. These transactions are part of the ongoing privatization of ENN Energy Holdings via a scheme of arrangement.

The dealings involved the exercising of employee share options. Specifically, 13,000 options from a contract dated April 1, 2019, were exercised at $40.3400 per share, resulting in a payment of $524,420.00. Additionally, 5,000 options from a contract dated April 1, 2020, were exercised at the same price of $40.3400 per share, totaling $201,700.00.

After these transactions, Zhang Wenhui's resultant option balance stands at 18,750, down from an initial 23,750 before the second transaction. The dealings were made for his own account, as confirmed by the disclosure form.