CON AERO TECH: J.P. Morgan Sells 306,000 Shares at HK$0.48 Each in Takeover-Related Disclosure

Bulletin Express09-23

Continental Aerospace Technologies Holding Limited (CON AERO TECH) today filed a disclosure under Rule 22 of Hong Kong’s Code on Takeovers and Mergers in connection with its proposed delisting.

On 22 September 2026, J.P. Morgan Securities PLC, classified as a Class (5) associate of the offeror, reported selling 306,000 CON AERO TECH shares. The transaction—undertaken to hedge Delta 1 products created from wholly unsolicited client-driven orders—was executed at a uniform price of HK$0.48 per share, generating total proceeds of approximately HK$0.15 million.

The dealings were conducted on J.P. Morgan Securities PLC’s own account. The firm is ultimately owned by JPMorgan Chase & Co.

This notification forms part of the ongoing public disclosures related to CON AERO TECH’s proposed delisting.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment