Bright Smart Securities & Commodities Group Limited — M&A Activity 2026

Jan 12, 2026

Public Disclosure Form

SECURITIES AND

FUTURES COMMISSION

證券及期貨事務監察委員會

12 January 2026

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	9 January 2026	Derivatives	Other types of products	Unsolicited client facilitation - Purchase	4,000	20 June 2030	$8.5660	$34,264.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	10,000	30 October 2026	$8.5600	$85,600.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	67,200	5 February 2026	$8.5750	$576,241.6020	0

---

SFC
證監會
Public Disclosure Form

		Derivatives	Other types of products	Unsolicited client facilitation - Sale	100,800	5 February 2026	$8.5750	$864,362.4031	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.