KSD "Mandatory Holding Registration for 35 Companies with 173.93 Million Shares to be Released in March Next Year"

[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 30th that a total of 173.93 million shares of 35 listed companies registered under mandatory holding will be released in March next year.

Mandatory holding registration refers to the electronic registration of shares owned by major shareholders, etc., to restrict their disposal for a certain period at the Korea Securities Depository in order to protect general investors according to relevant laws. By securities market, the number of shares is 77.65 million shares from 8 companies in the KOSPI market and 96.28 million shares from 27 companies in the KOSDAQ market.

The number of shares to be released from mandatory holding registration decreased by 12.6% compared to the previous month (198.98 million shares) and decreased by 50.1% compared to the same month last year (348.67 million shares).

The most common reason for the release of mandatory holding registration was resale restriction (subscription). The top three companies in terms of the number of shares released from mandatory holding registration are NH Investment & Securities (34.63 million shares), East Asia Holdings Investment Limited (31.50 million shares), and Bionote (20.23 million shares).

The top three companies by the ratio of released shares to total issued shares are PIMS (35.3%), Giant Step (30.68%), and S&D (26.8%).