BRIEF-ENN Energy Gets Pre-Conditional Proposal To Privatise ENN Energy

Reuters
26 Mar
BRIEF-ENN Energy Gets Pre-Conditional Proposal To Privatise ENN Energy

March 26 (Reuters) - ENN Energy Holdings Ltd 2688.HK:

  • PRE-CONDITIONAL PROPOSAL TO PRIVATISE ENN ENERGY HOLDINGS

  • OFFER FOR 2.9427 ENN-NG H SHARES AND CASH CONSIDERATION OF HK$24.50 PER SHARE

  • APPLICATION MADE FOR RESUMPTION OF TRADING FROM MARCH 27

  • TOTAL MAXIMUM CASH CONSIDERATION PAYABLE UNDER PROPOSAL AND ENN SHARE OPTION OFFER IS HK$18,361.23 MILLION

Further company coverage: 2688.HK

((Reuters.Briefs@thomsonreuters.com;))

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