CON AERO TECH: J.P. Morgan Securities Buys 7.44 Million Shares Ahead of Proposed Delisting

Bulletin Express07-15 17:45

Continental Aerospace Technologies Holding Limited (CON AERO TECH) reported that J.P. Morgan Securities PLC, classified as a Class (5) associate connected with the Offeror, disclosed on 15 July 2026 the purchase of 7.44 million shares on 14 July 2026 while hedging Delta 1 products created from wholly unsolicited client-driven orders.

The transactions were executed through equity-swap structures and involved: • 942,000 shares for USD 0.39 million at USD 0.4133 per share. • 6.50 million shares for USD 2.67 million at USD 0.4101 per share.

Overall, J.P. Morgan Securities PLC paid a total of USD 3.05 million, with the highest and lowest execution prices reported at USD 0.4133 and USD 0.4101 respectively. All dealings were made for the firm’s own account.

The disclosure forms part of the ongoing procedures related to the proposed delisting of CON AERO TECH under Hong Kong’s Code on Takeovers and Mergers.

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