22.48 Million Shares of EcoPro Materials to be Released from Lock-up Next Month

The Korea Securities Depository announced on the 30th that 228.83 million shares of 54 listed companies, including Ecopro Materials, will be released from mandatory lock-up registration next month.

Mandatory lock-up registration is a system where shares owned by major shareholders are electronically registered with the Depository to restrict their disposal for a certain period to protect general investors.

The shares to be released from mandatory lock-up registration include 50.46 million shares from 4 companies on the KOSPI market and 178.37 million shares from 50 companies on the KOSDAQ market. The top three companies with the highest number of shares released are Ecopro Materials (22.48 million shares), Seoul League (17.21 million shares), and SW Steel Tech (17 million shares).

Companies with a high ratio of shares released compared to the total issued shares include Hanseon Engineering (74.26%), Stormtech (72.86%), and Shinsyway (71.42%).

On the KOSPI market, 8 million shares of Aprogen Biologics will be released on the 3rd of next month. On the 8th, 15.83 million shares of EID, on the 17th, Ecopro Materials, and on the 21st, 4.14 million shares of Dongin Kiyun will be released from mandatory lock-up registration. On the KOSDAQ market, 1.46 million shares of Enchem will be released on May 1st, 840,000 shares of K Weather on the 22nd, and 70,000 shares of Angel Robotics on the 26th.