Bright Smart Securities & Commodities Group Limited — M&A Activity 2025

Sep 5, 2025

Public Disclosure Form

SECURITIES AND
FUTURES COMMISSION
證券及期貨事務監察委員會

5 September 2025

Possible mandatory general offer

Disclosure of dealings in the shares of Bright Smart Securities & Commodities Group Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Description of relevant securities	Description of products	Nature of dealings	Number of reference securities to which the derivatives relate	Maturity date / closing out date	Reference price	Total amount paid / received	Resultant balance (including those of any person with whom there is an agreement or understanding)
Morgan Stanley & Co., International plc	4 September 2025	Derivatives	Other types of products	Unsolicited client facilitation - Sale	2,000	30 October 2026	$11.3500	$22,700.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	12,000	31 October 2025	$11.3163	$135,796.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	28,000	22 March 2027	$11.1900	$313,320.6899	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	80,000	30 January 2026	$11.1900	$895,200.0000	0

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SFC

證監會

Public Disclosure Form

		Derivatives	Other types of products	Unsolicited client facilitation - Sale	382,000	29 May 2026	$11.1986	$4,277,859.8520	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	2,000	10 February 2027	$11.7700	$23,540.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	28,000	30 January 2026	$11.4216	$319,806.0001	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	52,000	22 March 2027	$11.4563	$595,729.7164	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	54,000	31 October 2025	$11.4164	$616,484.9844	0

End

Note:

Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeror.

Dealings were made for its own account.

Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley.