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HKBN Ltd. Director's Dealing 2023

Jun 1, 2023

49841_rns_2023-06-01_7081f5a6-a421-4ea8-b42a-4ccd6da70353.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 Descriptionof relevantsecurities Descriptionof products Nature ofdealings Number ofreferencesecurities towhich thederivativesrelate Maturity date/ closing outdate Referenceprice Total amountpaid /received Resultantbalance(includingthose of anyperson withwhom there isan agreementorunderstanding)
J.P. MorganSecurities PLC 31 May2023 Derivatives Other types ofproducts Closing out of aderivative contract 2,500 26 March2024 $5.0888 $12,721.9100 4,098,417
Derivatives Other types ofproducts Closing out of aderivative contract 5,000 17 July 2023 $5.0770 $25,385.0000 4,103,417
Derivatives Other types ofproducts Closing out of aderivative contract 5,500 5 June 2024 $5.0888 $27,988.2100 4,108,917

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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..