On 25 June 2025, HKBN Ltd. disclosed securities dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers. J.P. Morgan Securities PLC, a Class (5) associate connected with the offeree company, issued derivatives on 24 June 2025, relating to 15,500 reference securities with a maturity date of 10 February 2026. The total amount paid for this transaction was $77,286.10, resulting in a balance of 23,110,125. A separate derivative issue involved 4,400 reference securities, maturing on 16 January 2029, with a total amount of $21,936.20, leaving a resultant balance of 23,114,525. J.P. Morgan Securities PLC conducted these dealings for its own account and is ultimately owned by JPMorgan Chase & Co.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.