Disclosure of Dealings in ENN Energy Holdings Limited Shares by Morgan Stanley & Co., International plc
Key Disclosure: Morgan Stanley & Co., International plc Reports Dealings in ENN Energy Holdings Limited Shares
Overview
On 30 April 2026, a public disclosure form was submitted under Rule 22 of the Hong Kong Code on Takeovers and Mergers, revealing recent dealings in the shares of ENN Energy Holdings Limited by Morgan Stanley & Co., International plc. These transactions are related to the ongoing privatisation of ENN Energy via a scheme of arrangement.
Key Points Highlighted for Investors
- Date of Dealings: 29 April 2026
- Party Involved: Morgan Stanley & Co., International plc, which is a Class (5) associate connected with the Offeror and is ultimately owned by Morgan Stanley.
- Nature of Dealings: Hedging activities related to Delta 1 and equity-related products, executed as a result of wholly unsolicited client-driven orders.
- Type of Securities: Ordinary shares of ENN Energy Holdings Limited
Detailed Transaction Breakdown
| Transaction Type |
Number of Shares |
Total Amount (\$) |
Highest Price Paid/Received (\$) |
Lowest Price Paid/Received (\$) |
| Purchase (Hedging of Delta 1 products) |
4,000 |
250,859.80 |
62.8830 |
62.0000 |
| Sale (Hedging of Delta 1 products) |
2,600 |
163,134.80 |
63.0000 |
62.3410 |
| Sale (Hedging of equity related products) |
100 |
6,255.00 |
62.5500 |
62.5500 |
Price Sensitive Considerations for Shareholders
- Scheme of Arrangement and Privatisation: The reported dealings are connected to the ongoing privatisation of ENN Energy Holdings Limited. Such corporate actions can be highly price sensitive and may significantly impact the company’s share price as the scheme progresses.
- Market Transactions by a Major International Broker: Morgan Stanley & Co., International plc’s involvement and active transactions in ENN Energy shares, especially in a privatisation context, could influence market perceptions regarding the value and direction of the stock.
- Trade Prices: The transactions occurred in a tight range between \$62.00 and \$63.00 per share, which may serve as a reference for investors assessing current market value and any potential offer price under the privatisation scheme.
- Unsolicited, Client-Driven Orders: The hedging activities reported were the result of client-driven orders and not proprietary trading by Morgan Stanley, indicating that these trades reflect real market demand/supply dynamics rather than strategic positioning by the broker.
What Investors Should Watch For
Shareholders and potential investors should closely monitor further disclosures and corporate announcements related to the privatisation, as well as any substantial share dealings by associates of the Offeror. These can be indicators of the privatisation process’s progress and may signal potential changes in share value.
Disclaimer: The information provided in this article is for general 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 details summarized here are based on a public disclosure and may not reflect the latest developments or all material information related to ENN Energy Holdings Limited or the privatisation process.
View ENN ENERGY Historical chart here
