ENN Energy Updates on Share Option Exercise Amid Privatization Proposal
ENN Energy Holdings announced the issuance of 7,000 new shares under its 2012 Share Option Scheme, linked to a privatization proposal via a scheme of arrangement. This proposal is subject to various conditions and may not be implemented. The latest analyst rating for ENN Energy (HK:2688) is a Buy with a target price of HK$81.00. ENN Energy focuses on natural gas distribution and clean energy solutions, with a market cap of HK$81.18B.
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An announcement from ENN Energy Holdings ( (HK:2688) ) is now available.
ENN Energy Holdings Limited announced an update regarding the exercise of share options under its 2012 Share Option Scheme, resulting in the issuance of 7,000 new shares. This update is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to various pre-conditions and conditions. Stakeholders are advised to exercise caution as the proposal may not be implemented.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
More about ENN Energy Holdings
ENN Energy Holdings Limited is a company incorporated in the Cayman Islands, operating primarily in the energy sector. It is involved in the distribution and sale of natural gas and energy services, focusing on providing clean energy solutions.
Average Trading Volume: 3,650,695
Technical Sentiment Signal: Buy
Current Market Cap: HK$81.18B
