25 February 2026 announced the disclosure of dealings in the shares of Bright Smart Securities & Commodities Group Limited. Morgan Stanley & Co. International plc, a Class (5) associate connected with the Offeror, conducted multiple unsolicited client facilitation transactions on 24 February 2026 and thereafter, covering purchases and sales of derivatives linked to the company’s shares.

Purchases included 24,000 reference securities at a reference price of US$8.88 for approximately US$0.21 million, 52,000 reference securities at the same reference price for about US$0.46 million, and several longer-maturity deals involving 64,000 and 96,000 reference securities priced at US$8.87, totaling approximately US$0.57 million and US$0.85 million, respectively.

Sales spanned a range of settlement dates and reference prices between US$8.88 and US$8.98. The largest sale involved 334,000 reference securities at a reference price of US$8.87, amounting to about US$2.96 million. All disclosed transactions were for Morgan Stanley & Co. International plc’s own account and left a resultant balance of zero for these derivatives positions.

Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley. The disclosure was made in accordance with Rule 22 of the Hong Kong Code on Takeovers and Mergers, relating to the possible mandatory general offer for Bright Smart Securities & Commodities Group Limited.