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HKBN Ltd. M&A Activity 2024

Dec 10, 2024

49841_rns_2024-12-10_c0258e75-4e7f-42fc-8b0f-ee1fcddf3021.pdf

M&A Activity

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Public Disclosure Form

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

10 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 Nature of dealings Purchase / Sale Total number of shares involved Total amount paid / received Highest (H) prices paid / received Lowest (L) prices paid / received
Citigroup
Global Markets Limited 9 December 2024 Ordinary shares Hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders Purchase 60,000 $309,998.2200 $5.1666 $5.1666

End

Note:
Citigroup Global Markets Limited is a Class (5) associate connected with the Offeror.
Dealings were made for its own account.
Citigroup Global Markets Limited is ultimately owned by Citigroup Inc..