Release of Mandatory Holding Registration for 274.82 Million Shares from 49 Companies in September

Next month, 274.82 million shares of companies including Korea Zinc and SK Ocean Plant will be released from mandatory holding registration.

According to the Korea Securities Depository on the 31st, a total of 274.82 million shares of 49 listed companies registered under mandatory holding at the Depository are scheduled to be released in September.

By market, 77.43 million shares from 7 companies in the KOSPI market and 197.39 million shares from 42 companies in the KOSDAQ market will be released.

The top three companies by the number of shares released relative to total issued shares are CyberOne (56.16%), Silicon Two (44.85%), and FromBio (42.46%).

The top three companies by the number of shares released from mandatory holding registration are Hyundai Movex (37.48 million shares), Silicon Two (27.06 million shares), and SM Vexel (24.10 million shares).

The main reason for mandatory holding registration was fundraising (transfer restriction).

Mandatory holding 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.