Morgan Stanley discloses dealings in Bright Smart Securities

On September 19, 2025, Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror, disclosed multiple dealings in derivatives referencing Bright Smart Securities & Commodities Group Limited. The transactions, made for its own account, included both sales and purchases through unsolicited client facilitation.

Sales totaled 242,000 securities across four transactions, generating $1,879,860. These sales occurred at reference prices ranging from $9.2300 to $9.4113. The largest single sale involved 164,000 securities at $9.4000.

Additionally, Morgan Stanley & Co., International plc executed two purchase transactions, acquiring 12,000 securities with a total value of $125,060. These purchases were made at reference prices of $9.4800 and $10.6100. All reported dealings resulted in a resultant balance of 0 for each transaction.