ENN Energy updates share count amidst privatization proposal

ENN Energy Holdings Limited announced an update to its issued relevant securities as of December 4, 2025, in accordance with Rule 3.8 of the Hong Kong Code on Takeovers and Mergers. The company confirmed that 2,000 ENN Share Options, granted under the ENN 2012 Share Option Scheme, were exercised on December 4, 2025, resulting in the issue of 2,000 new ENN Shares.

Following this exercise, the total number of ENN Shares in issue stands at 1,131,825,388. Additionally, there are 4,762,413 ENN Share Options outstanding, which entitle holders to subscribe for an equivalent number of new ENN Shares, and 259,000 ENN Share Awards that are not convertible into ENN Shares. This update is provided amidst the pre-conditional proposal by Xinneng (Hong Kong) Energy Investment Limited to privatize ENN Energy via a scheme of arrangement.

Shareholders and potential investors are advised to exercise caution when dealing in ENN Energy securities, as the privatization proposal and ENN Share Option Offer remain subject to pre-conditions and may not proceed or become effective.