Release of Mandatory Holding Registration for 19.416 Million Shares from 40 Companies in August

Next month, 194.16 million shares, including those of CJ CGV, will be released from mandatory lock-up registration.

According to the Korea Securities Depository on the 31st, a total of 194.16 million shares of 40 listed companies registered under mandatory lock-up at the Depository are scheduled to be released in August.

By market, 8.8 million shares from 2 companies in the KOSPI market and 185.36 million shares from 38 companies in the KOSDAQ market will be released.

In the KOSPI market, 6,818,182 shares of CJ CGV will be released. This corresponds to 14.28% of the total issued shares. Along with this, 1,986,754 shares of Mirae I&G will also be released from mandatory lock-up registration, accounting for 7.13% of the total issued shares.

The top three companies by the number of shares released relative to total issued shares are HK Innoen (43.01%), Dabow Link (37.29%), and Meetuzen (36.36%).

The top three companies by the number of shares released from mandatory lock-up registration are CKH (37.88 million shares), East Asia Holdings (17.94 million shares), and Dabow Link (15.94 million shares).

The primary reason for mandatory lock-up registration was fundraising (transfer restrictions).

Mandatory lock-up registration refers to the electronic registration of shares owned by major shareholders, etc., at the Depository to restrict their disposal for a certain period in accordance with relevant laws to protect general investors.