ENN Energy updates securities count after option exercise

ENN Energy Holdings Limited (ENN Energy) has reported an update to its relevant securities as per Rule 3.8 of the Hong Kong Code on Takeovers and Mergers. On November 5, 2025, 700 ENN share options, granted under the ENN 2012 Share Option Scheme, were exercised, leading to the issue of 700 new ENN shares.

Following this exercise, ENN Energy's total relevant securities now include 1,131,339,975 ENN shares in issue, 5,247,826 ENN share options (entitling holders to subscribe for an equivalent number of new ENN shares), and 259,000 ENN share awards that are not convertible into ENN shares. The announcement reminds shareholders and potential investors to exercise caution due to the ongoing pre-conditional proposal by Xinneng (Hong Kong) Energy Investment Limited to privatize ENN Energy.

The company also reiterates the responsibilities of stockbrokers, banks, and other intermediaries to ensure clients are aware of disclosure obligations relating to associates of an offeror or offeree company, particularly regarding dealings in relevant securities during the offer period. A dispensation applies if the total value of dealings for a client over any 7-day period is less than $1 million.