Morgan Stanley & Co. Engages in Internal Dealings with HKBN Ltd. Shares, Disclosure Reveals
HKBN Ltd. has disclosed dealings under Rule 22 of the Takeovers Code. On 15 July 2025, Morgan Stanley & Co., International plc engaged in hedging of Delta 1 products, purchasing 1,373,000 ordinary shares for a total of $6,873,446.6960, with prices at $5.0062 per share. Additionally, they sold 18,500 ordinary shares for $92,345. Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeree company, conducted these dealings for its own account.
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