On 4 December 2025, ANE (Cayman) Inc. announced a privatisation by way of a scheme of arrangement, alongside a disclosure of dealings in its shares pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers. The filing highlights that J.P. Morgan Securities PLC, classified as a Class (5) associate connected with the Offeror and ultimately owned by JPMorgan Chase & Co, carried out transactions for its own account.
On 3 December 2025, J.P. Morgan Securities PLC closed out a derivative contract relating to 6,000 relevant securities. The maturity date for this transaction is 29 December 2025, executed at a reference price of US$11.7911 and involving a total amount of US$70,746.60. Following completion, the resultant balance of relevant securities stands at 7,427,944.
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