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ENN Energy Updates on Securities Amid Privatization Proposal

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ENN Energy Updates on Securities Amid Privatization Proposal

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The latest announcement is out from ENN Energy Holdings ( (HK:2688) ).

ENN Energy Holdings Limited announced an update on the number of relevant securities issued, following the exercise of 12,400 share options under its 2012 Share Option Scheme. This update is part of a broader proposal by ENN Natural Gas Co., Ltd. to privatize ENN Energy through a scheme of arrangement, which remains subject to pre-conditions and conditions. Stakeholders are advised to exercise caution as the proposal may or may not be implemented.

The most recent analyst rating on (HK:2688) stock is a Buy with a HK$65.00 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 engaged in the energy sector. It focuses on the distribution and sale of natural gas and other energy-related services.

Average Trading Volume: 6,738,457

Technical Sentiment Signal: Buy

Current Market Cap: HK$72.62B

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

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