ENN Energy updates share capital amid privatization proposal

ENN Energy Holdings Limited announced an update on its issued relevant securities as of November 27, 2025, in compliance with Rule 3.8 of the Hong Kong Code on Takeovers and Mergers. This follows the exercise of 25,100 ENN Share Options granted under the ENN 2012 Share Option Scheme.

Following this exercise, the company's total issued ENN Shares now stand at 1,131,562,388. Additionally, there are 5,025,413 ENN Share Options outstanding, entitling holders to subscribe for an equivalent number of new ENN Shares, and 259,000 ENN Share Awards which are not convertible into ENN Shares. This update is part of the ongoing pre-conditional proposal by Xinneng (Hong Kong) Energy Investment Limited to privatize ENN Energy via a scheme of arrangement.

The board of directors reminds shareholders and potential investors to exercise caution when dealing in the company's securities, as the privatization proposal and related share option offer are subject to the satisfaction or waiver of various conditions.