KSD "Mandatory Holding Registration for 45 Companies with 273.11 Million Shares to be Released by June Next Year"

The Korea Securities Depository announced on the 31st that a total of 273.11 million shares of 45 listed companies registered under mandatory holding will be released in June 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 106.5 million shares from 6 companies in the KOSPI market and 163.46 million shares from 39 companies in the KOSDAQ market.

The number of shares to be released from mandatory holding registration decreased by 5.1% compared to the previous month (287.76 million shares) and decreased by 10.2% compared to the same month last year (304.24 million shares).

The most common reason for the release of mandatory holding registration was resale restriction (public offering). The top three companies with the highest number of shares released from mandatory holding registration were Bionote (55.67 million shares), Diarc (50 million shares), and Y2Solution (40 million shares).

The top three companies by the ratio of shares released to total issued shares were WSI (71.25%), Bionote (54.6%), and Amosense (39.9%), respectively.