Lingnet Disposes of Treasury Shares Worth 800 Million KRW

[Asia Economy Reporter Kwon Jaehee] Ringnet announced on the 29th that it has decided to dispose of 180,000 treasury shares.

The disposal target stock price is 4,410 KRW, and the expected disposal amount is 793.8 million KRW.

The disposal period is from June 30 to September 29.

The company stated that the purpose of the disposal is "to provide performance bonuses to employees through the employee stock ownership association."