Key Update: ENN Natural Gas Co., Ltd. Securities Dealings Disclosure

Privatisation Scheme & Public Disclosure

On 27 February 2026, a public disclosure form was released regarding the privatisation of ENN Natural Gas Co., Ltd. by way of a scheme of arrangement. This disclosure is in accordance with Rule 22 of the Hong Kong Code on Takeovers and Mergers, which mandates transparency in dealings related to target companies undergoing such processes.

Important Share Dealing Activity

China International Capital Corporation Limited (CICC), an exempt principal trader connected with the Offeror, reported significant dealings on 26 February 2026. The nature of these dealings involved the creation of new index-tracking ETFs (Exchange Traded Funds), where ENN Natural Gas Co., Ltd. ordinary shares were included as part of the basket.

• Transaction Type: Purchase of ordinary shares for creation of new index-tracking ETFs
• Total Shares Involved: 8,800 A shares
• Total Consideration: \$173,532.00 (in RMB)
• Highest Price Paid: \$19.7264 per share
• Lowest Price Paid: \$19.7100 per share
• Dealings Represent: Less than 1% of the class in issue and less than 20% of the basket value

Implications for Shareholders

Shareholders should note the following potentially price-sensitive information:

• Privatisation Progress: The ongoing privatisation via scheme of arrangement suggests that significant corporate actions are underway, which may impact the share price and shareholder structure.
• ETF Inclusion: ENN Natural Gas shares are being used in new ETF baskets. Although the volume is modest (less than 1% of outstanding shares), ETF creation often signals institutional interest and can affect liquidity and market perception.
• Price Range: The reported purchase prices (\$19.7100 – \$19.7264) provide real market benchmarks for near-term trading. Investors may watch these levels for support or resistance.
• Exempt Principal Trader: CICC’s involvement—being connected to the Offeror—could be seen as a strategic move, potentially aligning with the privatisation objectives. This could indicate further corporate activity ahead.

Investor Takeaways

The disclosed dealings, though not large in volume, are directly linked to ongoing privatisation and ETF creation activities. These developments could influence the trading dynamics and future valuation of ENN Natural Gas Co., Ltd. Shareholders are advised to monitor further disclosures and market reactions closely, as these actions may be precursors to larger moves or changes in ownership structure.

Disclaimer: This article is intended for informational purposes only. It is not investment advice. Investors should conduct their own research and consult professional advisors before making any investment decisions.

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