HKBN Ltd. has disclosed securities dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers. On 20 May 2025, J.P. Morgan Securities PLC issued derivatives related to 3,700 reference securities with a maturity date of 16 January 2029. The total amount paid was $18,909.59, resulting in a balance of 22,802,223. Additionally, a closing out of a derivative contract involving 34,500 reference securities occurred, with a resultant balance of 22,767,723. J.P. Morgan Securities PLC is a Class (5) associate connected with the Offeree company and is ultimately owned by JPMorgan Chase & Co.
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