HKBN Ltd. — Major Shareholding Notification 2025

Jun 10, 2025

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

10 June 2025

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)
J.P. Morgan Securities PLC	9 June 2025	Derivatives	Other types of products	Issue of a derivative	2,500	16 January 2029	$4.9666	$12,416.5000	23,089,523
		Derivatives	Other types of products	Closing out of a derivative contract	15,000	28 April 2026	$4.9437	$74,156.0100	23,074,523
		Derivatives	Other types of products	Closing out of a derivative contract	6,000	28 April 2026	$4.9437	$29,662.4000	23,068,523
		Derivatives	Other types of products	Closing out of a derivative contract	18,000	28 April 2026	$4.9437	$88,987.2100	23,050,523

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SFC 證監會
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..