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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 update.

ENN Energy Holdings Limited announced an update regarding the exercise of 1,000 share options under its 2012 Share Option Scheme, resulting in the issuance of new shares. This development is part of a broader proposal by Xinneng (Hong Kong) Energy Investment Limited to privatize ENN Energy through a scheme of arrangement. Stakeholders are advised to exercise caution as the proposal and related offers are subject to certain pre-conditions and conditions that may affect their implementation.

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 involved in the energy sector. It focuses on providing natural gas services and related energy solutions, positioning itself as a significant player in the energy market.

Average Trading Volume: 3,384,439

Technical Sentiment Signal: Hold

Current Market Cap: HK$74.37B

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

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