Hong Kong, 8 September 2026 – Continental Aerospace Technologies Holding Limited (CON AERO TECH) has released a Public Disclosure Form detailing recent dealings in its shares by J.P. Morgan Securities PLC, a Class (5) associate connected with the Offeror and ultimately owned by JPMorgan Chase & Co. The disclosure, made under Rule 22 of the Hong Kong Code on Takeovers and Mergers, comes in the context of the company’s proposed delisting.
Key Transaction Highlights 1. Derivative Issuances (7 September 2026) • Two “other” derivative products were issued, each referencing 1.50 million CON AERO TECH shares, for a combined 3.00 million shares. • Reference price: USD 0.4756 per share. • Aggregate consideration: USD 1.43 million. • Contract maturity: 20 July 2027.
2. Derivative Closings (13 June 2028) • Fifteen separate closing-out trades covered 12.81 million reference shares. • Reference price: USD 0.4744 per share. • Aggregate consideration: USD 6.08 million.
Resultant Position • Post-transaction holding attributed to J.P. Morgan Securities PLC stands at 354.07 million reference shares, down from 366.88 million prior to the first closing transaction—a net reduction of 12.81 million shares.
Context The dealings were executed by J.P. Morgan Securities PLC for its own account. As a Class (5) associate of the unnamed Offeror, the firm is required to disclose trades during the offer period for Continental Aerospace Technologies’ proposed delisting.
Implications The sizeable unwinding of derivatives indicates reduced synthetic exposure to CON AERO TECH by J.P. Morgan Securities PLC, aligning its position more closely with the evolving share ownership landscape ahead of the anticipated delisting. The company’s free-float and shareholder structure may continue to adjust as further transactions are disclosed under Hong Kong’s Takeovers Code.
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