Disclosure of Dealings in ENN Natural Gas Co., Ltd. Shares
Public Disclosure: Dealings in ENN Natural Gas Co., Ltd. Shares Amid Privatisation Scheme
Key Points from the Disclosure
- Date of Disclosure: 21 April 2026
- Context: Privatisation by way of scheme of arrangement. This process may result in significant changes to the company’s shareholder structure and potentially affect share prices.
- Relevant Securities: A shares of ENN Natural Gas Co., Ltd.
- Party Involved: CITIC Securities Company Limited, a Class (5) associate connected with the Offeror.
- Nature of Dealings: All transactions were made for CITIC Securities’ own account.
Details of Securities Dealings
| Date |
Security Type |
Description |
Transaction Type |
Total Shares Involved |
Total Amount Paid/Received (RMB) |
Highest Price (RMB) |
Lowest Price (RMB) |
| 20 April 2026 |
Ordinary shares |
Creation of new index-tracking ETFs (relevant securities represent <1% of class in issue, <20% of basket/index value) |
Sale |
2,200 |
46,233.0000 |
21.0400 |
20.9900 |
| 20 April 2026 |
Ordinary shares |
Dealing in pre-existing index-tracking ETFs |
Purchase |
100 |
2,075.0000 |
20.7500 |
20.7500 |
Important Information for Shareholders
-
Privatisation Process: The disclosure is directly related to ENN Natural Gas’s ongoing privatisation by scheme of arrangement. Such transactions can be highly price sensitive as they may lead to a change in control, ownership structure, and potentially trigger revaluation of shares.
-
Dealings by Connected Parties: CITIC Securities Company Limited, being connected to the Offeror, has engaged in both sale and purchase transactions involving index-tracking ETFs. Although the sale transaction represents less than 1% of the class in issue, it could indicate ongoing activity surrounding the privatisation process.
-
Transaction Prices: The highest price paid/received in these dealings was RMB 21.0400 and the lowest was RMB 20.9900 for sales, while purchases were made at RMB 20.7500. These prices can be useful benchmarks for investors monitoring market activity and assessing potential price movements.
-
Currency: All dealings were executed in Renminbi (RMB), which is relevant for international investors tracking currency exposure.
-
Potential Impact: While the scale of the disclosed dealings is small in relation to the total share class, the involvement of a connected party during a privatisation scheme warrants attention. Such activity, especially by a party linked to the Offeror, could affect market perceptions and share price movements.
What Investors Should Watch For
- The ongoing privatisation process and any further disclosures or developments.
- Further dealings by connected parties, as these can signal shifts in control or market sentiment.
- Share price volatility around the disclosed price levels (RMB 20.7500 – RMB 21.0400).
- Regulatory announcements or changes in the scheme of arrangement, which may impact the valuation and liquidity of ENN Natural Gas shares.
Disclaimer: This article is based on public disclosures and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should conduct their own research and consult professional advisors before making any investment decisions. The information is provided for informational purposes only and may not reflect all relevant developments or risks.
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