Bright Smart Securities & Commodities Group Limited – Possible Mandatory General Offer Disclosure (24 Feb 2026)

Bulletin Express02-24 17:02

On 24 February 2026, a disclosure of dealings in the shares of Bright Smart Securities & Commodities Group Limited was published in connection with a possible mandatory general offer under the Hong Kong Code on Takeovers and Mergers. The Executive received details indicating that, on 23 February 2026, Morgan Stanley & Co., International plc conducted purchase and sale transactions in Bright Smart Securities & Commodities Group Limited’s ordinary shares, attributed to hedging of Delta 1 products created by wholly unsolicited client-driven orders.

Morgan Stanley & Co., International plc purchased 12,000 shares for a total of 0.11 million US dollars at a price of 9.1151 US dollars per share, and sold 188,000 shares for a total of 1.71 million US dollars with a highest price of 9.24 US dollars and a lowest price of 9.05 US dollars. This entity is identified as a Class (5) associate connected with the Offeror and is ultimately owned by Morgan Stanley, with all dealings conducted for its own account.

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