In October, 45 Companies Including Ottogi Release Mandatory Holding Registration for 101.1 Million Shares

Next month, 101.1 million shares of companies including KBI Dongguk Industrial and Ottogi will be released from mandatory lock-up registration.

According to the Korea Securities Depository on the 27th, a total of 101.1 million shares of 45 listed companies registered under mandatory lock-up at the Depository are scheduled to be released in October.

By market, 13.32 million shares from 2 companies in the KOSPI market and 86.79 million shares from 43 companies in the KOSDAQ market will be released.

The top three companies by the ratio of shares released compared to total issued shares are Model Solution (62.92%), Isak Engineering (60.04%), and Kukon (43.90%). The top three companies by the number of shares released from mandatory lock-up registration are SureSoft Tech (20.33 million shares), KBI Dongguk Industrial (12.98 million shares), and Winpack (9.91 million shares).

The main reason for mandatory lock-up registration was fundraising (transfer restriction). 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.