Morgan Stanley discloses derivatives sales in Bright Smart Securities

Morgan Stanley & Co., International plc, an associate connected with the Offeror, has disclosed multiple dealings in derivatives related to Bright Smart Securities & Commodities Group Limited. These transactions, executed for its own account and categorized as unsolicited client facilitation sales, occurred on December 3, 2025.

The dealings involved the sale of three tranches of derivatives. One tranche comprised 6,000 securities maturing on June 28, 2030, sold at a reference price of $7.4133 for a total of $44,480.00. Another 6,000 securities, maturing on January 30, 2026, were sold at $7.4667, totaling $44,800.00.

The largest transaction involved 24,000 securities with a June 28, 2030 maturity, sold at $7.4233, amounting to $178,159.99. Following these sales, the resultant balance for all disclosed dealings by Morgan Stanley & Co., International plc, stands at zero. Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley.