Morgan Stanley discloses dealings in Bright Smart Securities shares

On November 3, 2025, Morgan Stanley & Co. International plc, an associate connected with the offeror, disclosed its dealings in the shares of Bright Smart Securities & Commodities Group Limited. These dealings, made for its own account, occurred amidst a possible mandatory general offer for the company.

The firm both purchased and sold ordinary shares. It acquired 412,000 ordinary shares for a total of $3,868,480.00. The highest price paid per share was $9.63, while the lowest was $9.30. Concurrently, Morgan Stanley & Co. International plc sold 14,000 ordinary shares for a total of $130,900.00, with all sales occurring at a price of $9.35 per share.

The disclosed dealings were attributed to the hedging of Delta 1 products, which resulted from wholly unsolicited client-driven orders. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley.