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

Jan 7, 2026

SECURITIES AND

FUTURES COMMISSION

證券及期貨事務監察委員會

Public Disclosure Form

7 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	6 January 2026	Derivatives	Other types of products	Unsolicited client facilitation - Sale	10,000	30 October 2026	$8.7026	$87,026.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	10,000	30 October 2026	$8.7026	$87,026.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	10,000	28 June 2030	$8.6570	$86,570.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	10,000	28 June 2030	$8.6570	$86,570.0000	0

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SFC

證監會

Public Disclosure Form

		Derivatives	Other types of products	Unsolicited client facilitation - Sale	14,000	29 May 2026	$8.6900	$121,660.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	14,000	29 May 2026	$8.6900	$121,660.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	16,000	20 June 2030	$8.6781	$138,850.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	16,000	20 June 2030	$8.6781	$138,850.0000	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	18,000	30 November 2027	$8.6923	$156,460.5400	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	18,000	30 November 2027	$8.6518	$155,732.3539	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	18,000	30 November 2027	$8.6923	$156,460.5400	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	18,000	30 November 2027	$8.6518	$155,732.3539	0
		Derivatives	Other types of products	Unsolicited client facilitation - Sale	22,000	30 November 2027	$8.6425	$190,135.1399	0
		Derivatives	Other types of products	Unsolicited client facilitation - Purchase	22,000	30 November 2027	$8.6425	$190,135.1399	0

End

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SFC 證監會

Public Disclosure Form

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.