Morgan Stanley discloses Bright Smart Securities dealings ahead of potential offer

Morgan Stanley & Co., International plc, identified as an associate connected with the offeror and ultimately owned by Morgan Stanley, disclosed two transactions in Bright Smart Securities & Commodities Group Limited. These dealings, made on September 23, 2025, involved derivatives tied to "Other types of products" and were classified as "Unsolicited client facilitation - Purchase." The dealings were made for Morgan Stanley & Co., International plc's own account.

The first transaction involved 2,000 reference securities with a maturity date of January 30, 2026, at a reference price of $9.7800, resulting in a total amount paid of $19,560.00. The second transaction involved 4,000 reference securities with a maturity date of May 29, 2026, at a reference price of $10.0000, totaling $40,000.00. Following these dealings, the resultant balance for both transactions is 0.