ENN Energy Holdings Limited (ENN Energy) is the subject of a privatisation plan by scheme of arrangement, and the Hong Kong Takeovers and Mergers Code requires public reporting of associate dealings. On 9 June 2026, the Executive received a disclosure from Morgan Stanley & Co. International plc, a Class (5) associate of the offeror, detailing hedging transactions executed on 8 June 2026.

Morgan Stanley purchased 7,300 ENN Energy ordinary shares for approximately $0.37 million, paying between $50.01 and $50.96 per share. On the same day, it sold 2,273 shares for about $0.11 million, with prices in the identical range. All dealings were conducted for Morgan Stanley’s own account as hedges linked to Delta 1 products created from wholly unsolicited client-driven orders.

The disclosure aligns with Rule 22 of the Hong Kong Code on Takeovers and Mergers, underscoring regulatory transparency during ENN Energy’s ongoing privatisation process.