The Executive, acting under Rule 22 of the Hong Kong Code on Takeovers and Mergers, has disclosed that J.P. Morgan Securities PLC—classified as a Class (5) associate of the offeror in Continental Aerospace Technologies Holding Limited’s proposed delisting—purchased 7.89 million shares on 7 July 2026 through equity-swap hedging activities stemming from wholly unsolicited client-driven orders.
The three transactions, conducted for J.P. Morgan Securities’ own account, totaled USD 3.15 million at a blended price of roughly USD 0.399 per share. Price points ranged narrowly between USD 0.3984 and USD 0.4004.
J.P. Morgan Securities PLC is ultimately owned by JPMorgan Chase & Co. and its dealings were made in connection with Delta 1 hedging related to client orders rather than proprietary trading initiatives.
The disclosure forms part of Continental Aerospace Technologies’ ongoing delisting process, ensuring market transparency regarding dealings by parties connected to the offeror.
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