Morgan Stanley discloses Bright Smart Securities derivative dealings

Morgan Stanley & Co., International plc, a Class (5) associate connected with an unnamed Offeror, has disclosed multiple dealings in derivatives of Bright Smart Securities & Commodities Group Limited shares on September 1, 2025. These transactions, made for its own account, were unsolicited client facilitation activities, involving both sales and purchases.

The disclosed sales included 4,000 units maturing on October 31, 2025, at a reference price of $12.2205, totaling $48,882. Another sale of 8,000 units, maturing on January 30, 2026, occurred at $12.4740, amounting to $99,792. A larger sale of 12,000 units, due May 29, 2026, was executed at $12.2100, for a total of $146,520. The largest sale involved 98,000 units, maturing on May 31, 2027, at $12.3861, totaling $1,213,839.9560.

In addition to sales, Morgan Stanley also made derivative purchases. These included 2,000 units maturing on June 28, 2030, at $12.2800, costing $24,560, and 12,000 units maturing on February 10, 2027, at $12.1978, for a total of $146,374. All resultant balances for these dealings show zero, indicating the positions were closed out.