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

Jan 9, 2026

Public Disclosure Form

SECURITIES AND

FUTURES COMMISSION

證券及期貨事務監察委員會

9 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 Capital Services LLC	8 January 2026	Derivatives	Other types of products	Unsolicited client facilitation - Sale	4,000	20 June 2030	$8.6640	$34,656.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	4,000	20 June 2030	$8.6640	$34,656.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	18,000	30 November 2027	$8.6878	$156,380.6200	0

---

SFC

證監會

Public Disclosure Form

		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	18,000	30 November 2027	$8.6878	$156,380.6200	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	180,000	18 May 2026	$8.6894	$1,564,092.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	180,000	18 May 2026	$8.6894	$1,564,092.0000	0

End

Note:

Morgan Stanley Capital Services LLC is a Class (5) associate connected with the Offeror.

Dealings were made for its own account.

Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.