ENN Energy | UBS AG Discloses Net Sale of 2,700 Shares During Privatisation Process

Bulletin Express
Jun 05

On 5 June 2026, ENN Energy Holdings Limited received a Rule 22 disclosure under the Hong Kong Code on Takeovers and Mergers relating to its ongoing privatisation by scheme of arrangement.

UBS AG—an exempt principal trader connected with the offeree—reported two separate dealings in ENN Energy’s ordinary shares on 4 June 2026:

• Hedging of Delta-1 products: UBS AG purchased 300 shares at HK$51.60 each, paying a total of HK$15,480.00.

• Trading in pre-existing index-tracking ETFs: UBS AG sold 3,000 shares within a price range of HK$51.30–HK$51.45, realising HK$153,995.00.

The transactions resulted in a net disposal of 2,700 shares. UBS AG executed all trades for its own account.

No additional information on the progress or timetable of the privatisation scheme was provided in the filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10