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ENN Energy Announces Share Option Exercise Amid Privatization Proposal

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ENN Energy Announces Share Option Exercise Amid Privatization Proposal

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ENN Energy Holdings ( (HK:2688) ) has issued an announcement.

ENN Energy Holdings Limited announced the exercise of 11,000 share options under its 2012 Share Option Scheme, resulting in the issuance of new shares and updating the total relevant securities in circulation. This announcement is part of a broader proposal to privatize the company through a scheme of arrangement, which is subject to various pre-conditions and conditions, impacting stakeholders and requiring caution in securities dealings.

The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 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, primarily involved in the energy sector. It focuses on providing natural gas services and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 3,469,630

Technical Sentiment Signal: Buy

Current Market Cap: HK$74.32B

See more data about 2688 stock on TipRanks’ Stock Analysis page.

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