On 1 June 2026, a Public Disclosure Form filed under Rule 22 of Hong Kong’s Takeovers Code reported that Morgan Stanley & Co. International plc bought 300 A shares of ENN Natural Gas Co., Ltd. on 29 May 2026.
• Transaction purpose: hedging Delta 1 products created by wholly unsolicited client-driven orders.
• Trade classification: Morgan Stanley & Co. International plc is a Class (5) associate connected with the offeror in the ongoing privatisation of ENN Natural Gas by way of scheme of arrangement.
• Consideration: RMB5,837 for the entire lot.
• Price range: highest RMB19.64 per share; lowest RMB19.28 per share.
The trades were executed for Morgan Stanley’s own account and involve ENN Natural Gas A shares. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley. No other dealings were disclosed.