FilingReader Intelligence

Morgan Stanley trades Bright Smart shares amid takeover

August 11, 2025 at 08:59 AM UTCBy FilingReader AI

Morgan Stanley & Co., International plc reported significant trading in Bright Smart Securities & Commodities Group Limited on August 8, 2025, amid a possible mandatory general offer.

The investment bank, acting as a Class (5) associate of the potential offeror, purchased 80,000 ordinary shares for $1.01m at prices ranging from $12.47 to $12.79. It also sold 8,000 shares for $99,760 at $12.47.

The transactions were described as hedging of Delta 1 products from unsolicited client-driven orders.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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