HKBN Ltd. — Director's Dealing 2024

Dec 12, 2024

Public Disclosure Form

SECURITIES AND
FUTURES COMMISSION
證券及期貨事務監察委員會

12 December 2024

Possible voluntary general 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	Description of products	Nature of dealings	Number of reference securities to which the derivatives relate	Maturity date / closing out date	Reference price	Total amount paid / received	Resultant balance (including those of any person with whom there is an agreement or understanding)
Morgan Stanley Capital Services LLC	11 December 2024	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	3,499	31 July 2025	$5.2494	$18,367.6506	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	3,499	31 July 2025	$5.2494	$18,367.6506	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	4,440	17 November 2025	$5.2657	$23,379.7258	0

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SFC

證監會

Public Disclosure Form

	Derivatives	Other types of products	Unsolicited client facilitation - Sale	4,440	17 November 2025	$5.2657	$23,379.7258	0
	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	4,499	30 October 2025	$5.2494	$23,617.0506	0
	Derivatives	Other types of products	Unsolicited client facilitation - Sale	4,499	30 October 2025	$5.2494	$23,617.0506	0
	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	5,500	31 July 2025	$5.2494	$28,871.7000	0
	Derivatives	Other types of products	Unsolicited client facilitation - Sale	5,500	31 July 2025	$5.2494	$28,871.7000	0
	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	6,500	30 November 2026	$5.2585	$34,180.3410	0
	Derivatives	Other types of products	Unsolicited client facilitation - Sale	6,500	30 November 2026	$5.2585	$34,180.3410	0
	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	9,499	25 July 2025	$5.2494	$49,864.0506	0
	Derivatives	Other types of products	Unsolicited client facilitation - Sale	9,499	25 July 2025	$5.2494	$49,864.0506	0

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SFC

證監會

Public Disclosure Form

		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	14,500	31 July 2025	$5.2494	$76,116.3000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	14,500	31 July 2025	$5.2494	$76,116.3000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	16,500	31 July 2025	$5.2136	$86,024.9940	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	16,500	31 July 2025	$5.2136	$86,024.9940	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	19,500	28 November 2025	$5.2585	$102,541.0329	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	19,500	28 November 2025	$5.2585	$102,541.0329	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	81,840	2 July 2025	$5.2701	$431,306.0905	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	81,840	2 July 2025	$5.2701	$431,306.0905	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	96,000	4 February 2025	$5.2698	$505,900.0003	0

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SFC
證監會
Public Disclosure Form

		Derivatives	Other types of products	Unsolicited client facilitation - Sale	96,000	4 February 2025	$5.2698	$505,900.0003	0

End

Note:
Morgan Stanley Capital Services LLC is a Class (5) associate connected with the Offeree company.
Dealings were made for its own account.
Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.