Morgan Stanley entity deals in Bright Smart Securities derivatives

Morgan Stanley Capital Services LLC, identified as a Class (5) associate connected with the offeror, disclosed multiple dealings in Bright Smart Securities & Commodities Group Limited derivatives on October 14, 2025. These transactions were made for its own account.

The disclosed dealings include unsolicited client facilitation purchases and sales. One purchase involved 4,000 derivatives maturing on June 20, 2030, at a reference price of $10.8250, totaling $43,300. Another transaction involved the purchase of 26,000 derivatives, maturing on May 29, 2026, at a reference price of $12.0600, amounting to $313,560.

Additionally, a sale of 4,000 derivatives, also maturing on June 20, 2030, was recorded at a reference price of $10.8250, totaling $43,300. These disclosures were made public pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers, in connection with a possible mandatory general offer for Bright Smart Securities & Commodities Group.