Key Highlights from the Public Disclosure
- Date of Disclosure: 25 February 2026
- Relevant Entity: BlackRock, Inc., a Class (6) associate of ENN ENERGY HOLDINGS LTD
- Nature of Dealings: Multiple derivative contracts entered into on 24 February 2026
- Total Reference Securities Traded: Over 400,000 shares (aggregate of all contracts)
- Reference Price Range: Between \$68.5167 and \$68.7875 per share
- Resultant Holding: BlackRock’s resultant balance increased to 8,066,100 shares following these trades
Details of the Derivative Transactions
BlackRock, Inc. has reported a series of derivative dealings involving ENN ENERGY HOLDINGS LTD shares, all executed on 24 February 2026. The nature of these transactions is the entering into derivative contracts, which are financial products linked to the performance of ENN ENERGY shares. These trades were carried out for the account of discretionary investment clients.
| Number of Shares |
Reference Price (USD) |
Total Amount Paid/Received (USD) |
Resultant Balance |
| 2,600 |
\$68.6077 |
\$178,407.40 |
7,651,200 |
| 14,500 |
\$68.6641 |
\$996,859.42 |
7,665,700 |
| 25,400 |
\$68.7265 |
\$223,254.75 |
7,691,100 |
| 210,900 |
\$68.6256 |
\$1,852,739.62 |
7,902,000 |
| 2,900 |
\$68.6655 |
\$25,462.05 |
7,904,900 |
| 500 |
\$68.5900 |
\$4,390.46 |
7,905,400 |
| 121,600 |
\$68.6579 |
\$1,068,898.26 |
8,027,000 |
| 2,400 |
\$68.6813 |
\$21,102.35 |
8,029,400 |
| 600 |
\$68.5167 |
\$5,257.82 |
8,030,000 |
| 4,200 |
\$68.6833 |
\$36,929.16 |
8,034,200 |
| 200 |
\$68.7875 |
\$1,759.36 |
8,034,400 |
| 19,600 |
\$68.6630 |
\$172,270.13 |
8,054,000 |
| 1,900 |
\$68.5737 |
\$16,678.61 |
8,055,900 |
| 10,200 |
\$68.6696 |
\$89,564.50 |
8,066,100 |
Potential Impact and Considerations for Shareholders
-
Volume and Price Sensitivity: BlackRock’s substantial increase in its holdings through derivative contracts could indicate confidence in ENN ENERGY HOLDINGS LTD’s future performance, potentially influencing market sentiment and share value.
-
Strategic Positioning: As a Class (6) associate, BlackRock’s dealings may be seen as strategic, potentially foreshadowing further activity related to ENN ENERGY’s ongoing privatisation scheme.
-
Privatisation Context: These transactions were disclosed under the Hong Kong Code on Takeovers and Mergers, and are linked to ENN ENERGY’s privatisation by way of scheme of arrangement, which is a price-sensitive corporate event.
-
Discretionary Investment Clients: The trades were made for the account of discretionary investment clients, showing institutional interest and possibly anticipating changes in share value or corporate structure.
Conclusion
The disclosure of BlackRock’s extensive derivative dealings in ENN ENERGY HOLDINGS LTD shares represents a significant development for shareholders and market participants. The scale and frequency of these trades, combined with the context of privatisation, could have material impacts on the share price and investor sentiment. Shareholders should monitor further announcements, as continued activity by major institutional investors like BlackRock may signal future volatility or corporate changes.
Disclaimer: The information provided above is based on public disclosures and does not constitute investment advice. Investors are encouraged to conduct their own research and consult professional advisors before making any investment decisions.
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