ENN Energy Announces Update on Proposed Privatization by ENN-NG and Xinneng (Hong Kong) Energy Investment
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ENN Natural Gas Co., Ltd. and Xinneng (Hong Kong) Energy Investment Limited have updated the pre-conditional proposal for the privatization of ENN Energy. They reported the issuance of 1,000 new shares due to the exercise of options under the ENN 2012 Share Option Scheme, bringing the total shares to 1,131,256,275. There are also 5,372,026 outstanding share options and 259,000 non-convertible share awards. No other relevant securities have been issued.
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