On 13 February 2026, the Executive received disclosures under Rule 22 of the Hong Kong Code on Takeovers and Mergers regarding dealings in the shares of Bright Smart Securities & Commodities Group Limited. Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror and ultimately owned by Morgan Stanley, executed unsolicited client facilitation transactions on 12 February 2026 for its own account.
These transactions involved derivatives with maturity dates from 29 May 2026 to 5 November 2027 and reference prices ranging from US$8.99 to US$9.26. Two purchases comprised 26,000 and 42,000 reference securities at reference prices of US$9.01 and US$9.05, resulting in total amounts of approximately US$0.23 million and US$0.38 million, respectively. Four sales involved 6,000, 14,000, 30,000, and 34,000 reference securities at reference prices between US$8.99 and US$9.26, yielding total amounts of approximately US$0.05 million, US$0.13 million, US$0.27 million, and US$0.32 million, respectively. All resultant balances were reported as zero.
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