Continental Aerospace: J.P. Morgan Sells 14,000 Equity-Swap-Linked Shares Ahead of Proposed Delisting

Bulletin Express17:03

Continental Aerospace Technologies Holding Limited (CON AERO TECH) has disclosed dealings in its securities related to the company’s proposed delisting, according to a Public Disclosure Form filed on 17 July 2026 under Rule 22 of the Hong Kong Code on Takeovers and Mergers.

J.P. Morgan Securities PLC—identified as a Class (5) associate connected with the offeror—reported that on 16 July 2026 it disposed of 14,000 relevant securities classified as “other types” (equity swaps). The transaction, undertaken as hedging of Delta 1 products arising from wholly unsolicited client-driven orders, was executed at a single price of $0.4150 per share, generating total proceeds of $5,810.00.

The trades were executed for J.P. Morgan Securities PLC’s own account. The firm is ultimately owned by JPMorgan Chase & Co.

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