Possible Mandatory General Offer: Morgan Stanley & Co. International plc Discloses Dealings in BRIGHT SMART (01428)

Bulletin Express
Mar 05

On 5 March 2026, a disclosure filing revealed that Morgan Stanley & Co. International plc, a Class (5) associate connected with the Offeror, completed transactions in the shares of Bright Smart Securities & Commodities Group Limited (01428) on 4 March 2026. The dealings reportedly stemmed from hedging arrangements related to Delta 1 products created by wholly unsolicited client-driven orders. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley and carried out the transactions for its own account.

According to the disclosure, Morgan Stanley & Co. International plc purchased 168,000 shares for US$1.20 million, at a highest price of US$7.34 and a lowest price of US$7.02. The filing also recorded a sale of 22,000 shares for US$0.16 million, with prices ranging from US$7.39 (highest) to US$7.28 (lowest).

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10