Merrill Lynch discloses HKBN derivatives dealings

Merrill Lynch International disclosed dealings in the shares of HKBN Ltd. (HKEX: 1310), pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers. The disclosure, dated March 7, 2025, reveals that Merrill Lynch International, an exempt principal trader, entered into derivative contracts involving 500 reference securities. The maturity date for these contracts is March 31, 2026, with a reference price of $5.1200. The total amount paid/received was $2,560.0000, resulting in a resultant balance of 0. The dealings were made for Merrill Lynch International's own account, and the entity is ultimately owned by Bank of America Corporation.