On 2 June 2026, the Executive received a Rule 22 Takeovers Code filing detailing dealings in the A-shares of ENN Natural Gas Co., Ltd. linked to the company’s proposed privatisation by scheme of arrangement.
Morgan Stanley Bank, N.A.—identified as a Class (5) associate of the offeror—executed three unsolicited client-facilitation sales of derivative products on 1 June 2026, covering a combined 1,184 reference securities:
• 84 reference securities maturing 9 March 2028 at RMB 19.2396 each, generating RMB 1,616.13. • 100 reference securities maturing 31 August 2027 at RMB 19.5200 each, generating RMB 1,952.00. • 1,000 reference securities maturing 26 February 2027 at RMB 19.5880 each, generating RMB 19,588.00.
The aggregate consideration for the three trades amounted to RMB 23,156.13 (approximately RMB 0.02 million). Following the transactions, Morgan Stanley Bank, N.A. reported a resultant balance of zero in the relevant derivatives.
The bank conducted the trades on its own account and is ultimately owned by Morgan Stanley. The disclosure satisfies the reporting requirements associated with the ongoing privatisation process of ENN Natural Gas.