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ENN Energy Holdings ( (HK:2688) ) has shared an announcement.
ENN Energy Holdings Limited announced an update on its securities, revealing the exercise of 1,000 share options under its 2012 Share Option Scheme, bringing the total issued shares to 1,131,254,275. The announcement is part of a broader privatization proposal, which involves a scheme of arrangement under the Cayman Islands Companies Act. Stakeholders are advised to exercise caution as the proposal’s implementation is contingent on certain pre-conditions and conditions being met.
The most recent analyst rating on (HK:2688) stock is a Hold with a HK$64.50 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 engaged in the energy sector. It focuses on providing natural gas services and is involved in the privatization proposal by ENN Natural Gas Co., Ltd. and Xinneng (Hong Kong) Energy Investment Limited.
Average Trading Volume: 3,401,597
Technical Sentiment Signal: Hold
Current Market Cap: HK$71.95B
See more insights into 2688 stock on TipRanks’ Stock Analysis page.