Significant Dealings in ENN Energy Holdings by BlackRock Amid Privatisation Scheme

Key Highlights

• Date of Disclosure: 21 April 2026
• Subject: Privatisation of ENN Energy Holdings Ltd by scheme of arrangement
• Major Shareholder Activity: BlackRock, Inc. disclosed significant dealings involving the shares of ENN Energy Holdings Ltd.

Detailed Report

The Executive has received an important disclosure under Rule 22 of the Hong Kong Code on Takeovers and Mergers, related to the ongoing privatisation of ENN Energy Holdings Ltd. The disclosure highlights significant share transactions carried out by BlackRock, Inc., a notable institutional investor and Class (6) associate of ENN Energy Holdings Ltd.

Transactions Overview

• Date of Dealings: 20 April 2026
• Sale Transaction: BlackRock, Inc. sold 752 shares at a price of \$62.45 per share.
  • Resultant holding after sale: 70,422,634 shares
  • Percentage of total shares: 6.2220%
• Purchase Transaction: On the same day, BlackRock, Inc. purchased 10,290,538 shares at \$62.45 per share.
  • Resultant holding after purchase: 80,713,172 shares
  • Percentage of total shares: 7.1312%

Key Information for Shareholders

• Price-Sensitive Information: The large-scale purchase of over 10 million shares by BlackRock, Inc. at \$62.45 per share is a significant, price-sensitive event. Such a substantial increase in holdings by a major institutional investor can be seen as a strong vote of confidence in the company, especially during a privatisation process.
• Potential Impact on Share Price: BlackRock’s net increase in stake to 7.1312% represents a material change in the shareholder structure. This could have a direct influence on market sentiment and the share price, particularly as the company moves forward with the privatisation scheme.
• Dealings Context: All transactions were executed on the US exchange and made for discretionary investment clients, indicating active portfolio management and ongoing institutional interest in ENN Energy Holdings Ltd.
• Privatisation Context: Investors should note the context of these dealings amid the scheme of arrangement for privatisation, which could fundamentally alter the company’s public status and valuation.

Summary

Investors should closely monitor ENN Energy Holdings Ltd due to the substantial share dealings by BlackRock, Inc. during a critical period of proposed privatisation. The accumulation of a significant additional stake by a global investor is both price-sensitive and potentially influential on the ongoing privatisation process and future share valuations.

Disclaimer: The above article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research and consult with professional advisers before making any investment decisions. The information has been summarized from public disclosures and may be subject to further updates or clarifications.

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