Significant Share Dealing Disclosure: ENN Energy Holdings Limited

Privatisation Scheme Triggers Notable Share Purchases by Wellington Management Group LLP

Date: 20 April 2026

Key Points for Investors

• Privatisation Activity: ENN Energy Holdings Limited is currently undergoing privatisation via a scheme of arrangement, a significant corporate action that could have material impact on its share price.
• Significant Share Purchases: Wellington Management Group LLP, identified as a Class (6) associate connected with ENN Energy Holdings, disclosed two key share purchases on 17 April 2026:
  • Purchase of 16 shares at \$30.68 per share
  • Purchase of 116 shares at \$32.07 per share
• Resultant Shareholding: After these transactions, Wellington Management Group LLP’s total holding in ENN Energy rose to 60,070,955 shares, representing approximately 5.3074% of the company’s outstanding share capital. This is a substantial holding that could influence voting outcomes related to the privatisation scheme.
• Nature of Activity: The trades were carried out for the account of discretionary investment clients, not for Wellington’s own proprietary trading. The shares dealt were in the form of American Depositary Receipts (ADR) and transactions were executed in USD.
• Ownership Structure: Wellington Management Group LLP is ultimately owned by Wellington Management Company LLP.

Important Considerations for Shareholders

• Potential Price Sensitivity: The ongoing privatisation process is a major event that can result in significant share price movement. The active involvement and increased stake by a major institutional investor such as Wellington Management Group LLP signals confidence in the company’s valuation or the terms of the scheme.
• Voting Power: Given Wellington Management’s over 5% shareholding, its voting decisions may materially affect the outcome of the privatisation scheme. Shareholders should closely monitor announcements regarding the scheme and any further changes in substantial shareholdings.
• Dealings in ADRs: The fact that the transactions were conducted in ADRs and in USD may indicate significant international investor interest and could affect the liquidity and pricing of both Hong Kong-listed shares and ADRs.

Summary

The disclosed share purchases by Wellington Management Group LLP, set against the backdrop of ENN Energy’s proposed privatisation, are highly relevant for investors. The scale of Wellington’s holding and its actions are likely to be viewed as a signal of confidence in the company’s prospects post-privatisation or the terms being offered. All current and prospective shareholders should remain vigilant for further disclosures and official announcements related to the scheme of arrangement, as these could drive near-term volatility in ENN Energy’s share price.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult a professional advisor before making any investment decisions.

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