Continental Aerospace Technologies Holding Limited (CON AERO TECH) disclosed on 10 July 2026 that J.P. Morgan Securities PLC, classified as a Class (5) associate of the offeror and ultimately owned by JPMorgan Chase & Co., executed a significant share transaction on 9 July 2026 under Rule 22 of the Hong Kong Code on Takeovers and Mergers.
The transaction involved the purchase of 2.78 million shares through equity-linked instruments used for hedging Delta 1 products arising from wholly unsolicited client-driven orders. The total consideration amounted to USD 1.11 million, with both the highest and lowest execution prices fixed at USD 0.40 per share.
The disclosure forms part of the ongoing procedures related to the proposed delisting of Continental Aerospace Technologies from the Hong Kong stock exchange. All dealings were carried out on J.P. Morgan Securities’ own account.
Comments