Morgan Stanley discloses dealings in ENN Natural Gas shares

Morgan Stanley Bank, N.A., identified as a Class (5) associate connected with the Offeror, has disclosed dealings in shares of ENN Natural Gas Co., Ltd. These transactions, made for its own account, are part of the ongoing privatization by way of a scheme of arrangement. Morgan Stanley Bank, N.A. is ultimately owned by Morgan Stanley.

The disclosure, dated December 24, 2025, details a derivatives transaction on December 23, 2025. This involved an unsolicited client facilitation sale of 3,900 reference securities, with a maturity/closing out date of September 30, 2027. The reference price for these dealings was $20.7615, resulting in a total amount paid/received of $80,970.0000.

These dealings specifically relate to A shares of ENN Natural Gas Co. Ltd. and were conducted in yuan. The disclosure indicates a resultant balance of 0, including any persons with whom there is an agreement or understanding.