J.P. Morgan Securities PLC Engages in Internal Dealings of HKBN Ltd. Shares through Equity Swaps and Hedging Activities
HKBN Ltd. announced internal dealings under Rule 22 of the Hong Kong Takeovers Code, involving J.P. Morgan Securities PLC. On 22 May 2025, J.P. Morgan engaged in hedging activities related to Delta 1 products, resulting in the purchase of 4,500 shares and the sale of 115,000 shares. These dealings were conducted for J.P. Morgan's own account, as a Class (5) associate connected with the Offeree company.
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