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HKBN Ltd. Director's Dealing 2023

Jun 1, 2023

49841_rns_2023-06-01_e81b48fd-a0cd-4873-b7f9-5abc9ee6ec51.pdf

Director's Dealing

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Public Disclosure Form

1 June 2023

Possible Offer

Disclosure of dealings in the shares of HKBN Ltd.

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party Date Description of
relevant
securities
Nature of dealings Purchase
/ Sale
Total
number
of shares
involved
Total amount
paid /
received
Highest (H)
prices paid
/ received
Lowest (L)
prices paid
/ received
J.P. Morgan
Securities PLC
31 May
2023
Index related
products
Dealing in a derivative which is
referenced to a basket or index
including relevant securities which
represent less than 1% of the class in
issue and less than 20% of the value
of the securities in the basket or index
Purchase 500 $2,510.0000 $5.0200 $5.0200
Other types of
securities (e.g.
equityswaps)
Hedging of Delta 1 products created
as a result of wholly unsolicited
client-driven orders
Purchase 8,000 $40,650.0000 $5.0900 $5.0700
Other types of
securities (e.g.
equity swaps)
Hedging of Delta 1 products created
as a result of wholly unsolicited
client-driven orders
Purchase 5,000 $25,345.0000 $5.1200 $5.0200

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Public Disclosure Form

End

Note:

J.P. Morgan Securities PLC is a Class (5) associate connected with the Offeree company. Dealings were made for its own account.

J.P. Morgan Securities PLC is ultimately owned by JPMorgan Chase & Co..