Morgan Stanley affiliate discloses derivatives dealings in Bright Smart Securities

Morgan Stanley & Co., International plc, an associate connected with the offeror, disclosed its dealings in Bright Smart Securities & Commodities Group Limited shares on September 23, 2025. The transactions, made for its own account, involved derivatives linked to the company's shares.

The disclosures detail three unsolicited client facilitation dealings. One transaction involved the sale of 2,000 reference securities through derivatives, with a maturity date of January 30, 2026, at a reference price of $10.1800, totaling $20,360.0000 received. Two other transactions were purchases: 4,000 reference securities at $10.0000 each, totaling $40,000.0000, with a May 29, 2026 maturity; and 106,000 reference securities at $9.9943 each, amounting to $1,059,395.8000, with a May 18, 2026 maturity.

All disclosed dealings resulted in a zero resultant balance of relevant securities for Morgan Stanley & Co., International plc. The announcement follows Rule 22 of the Hong Kong Code on Takeovers and Mergers and precedes a possible mandatory general offer. Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley.