ENN natural gas privatization: associate, connected party disclose share dealings

On December 2, 2025, disclosures revealed dealings in ENN Natural Gas Co. Ltd. shares related to its privatization by scheme of arrangement. Morgan Stanley & Co. International plc, a Class (5) associate connected with the offeror, reported multiple unsolicited client facilitation dealings in A shares. These included sales totalling RMB2,165.0000, RMB2,185.0000, RMB6,555.0000, RMB158,487.8400, RMB397,532.5020, RMB13,062.0000, and RMB7,287,574.0003, alongside purchases of RMB560,677.9998, RMB1,523,875.9710, RMB13,062.0000, and RMB7,287,574.0003. Dealings were made for its own account and in RMB.

Separately, CUI Zhanhai, a Class (3) associate connected with both the offeror and offeree company, disclosed a purchase of 250,000 shares on December 1, 2025, at RMB8.5800 per share. This transaction resulted in a balance of 400,000 shares, representing 0.0129% of the class.

These 250,000 relevant shares were granted to CUI Zhanhai under ENN-NG's 2025 restricted share incentives scheme, adopted on February 18, 2025. The grant occurred on December 1, 2025, at a per share grant price of RMB8.58. Dealings were made for CUI Zhanhai’s own account.