ENN Energy Holdings Ltd. announced internal dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers. On May 16, 2025, Morgan Stanley & Co., International plc engaged in hedging activities involving ordinary shares. The dealings involved a purchase of 5,500 shares and a sale of 152,800 shares as a result of wholly unsolicited client-driven orders. These activities were conducted for Morgan Stanley's own account as a Class (5) associate connected with the Offeror.
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