19.2872 Billion Shares Set for Mandatory Holding Registration in First Half... 20.5% Increase Year-on-Year

[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 8th that the number of shares subject to mandatory retention registration in the first half of the year reached 1,928.72 million shares, a 20.5% increase compared to 1,608.1 million shares in the previous year.

Mandatory retention registration refers to the electronic registration that restricts the disposal of shares owned by major shareholders for a certain period to protect general investors in accordance with relevant laws and regulations.

The number of shares registered by securities market was 430.3 million shares in the KOSPI market and 1,498.42 million shares in the KOSDAQ market, increasing by 55.8% and 13.1% respectively compared to the previous year.

Among the reasons for registration in the KOSPI market, 'major shareholders (newly listed)' accounted for the largest portion with 213.27 million shares (49.6%), followed by 'pre-offering resale restrictions' with 163.91 million shares (38.1%), and others with 53.11 million shares (12.3%). In the KOSDAQ market, 'pre-offering resale restrictions' accounted for the largest portion with 618.34 million shares (41.3%), followed by 'mergers' with 286.40 million shares (19.1%), and others with 593.68 million shares (39.6%).

In the first half of this year, the number of listed shares with mandatory retention registration lifted by the Korea Securities Depository was 1,839.50 million shares, a 7.1% increase compared to 1,717.44 million shares in the previous year. By securities market, the KOSPI market had 667.64 million shares and the KOSDAQ market had 1,171.86 million shares, increasing by 6.5% and 7.5% respectively compared to the previous year.

Monthly mandatory retention registration settings in the first half showed April with the highest volume at 523.24 million shares (27.1%) and February with the lowest at 163.72 million shares (8.5%). Conversely, the monthly volume of mandatory retention registration lifts was highest in February with 325.88 million shares (18.6%) and lowest in May with 282.36 million shares (15.35%).

The number of companies that set mandatory retention registration was 198, a 9.4% increase compared to 181 companies in the previous year. By securities market, the KOSPI market had 26 companies, up 13% from 23 companies the previous year, and the KOSDAQ market had 172 companies, up 8.9% from 158 companies the previous year. The number of companies with mandatory retention registration lifted was 231, a 4.5% decrease compared to 242 companies the previous year. By securities market, the KOSPI market had 28 companies, down 34.9% from 43 companies the previous year. The KOSDAQ market had 203 companies, up 2% from 199 companies the previous year.

In the KOSPI market, the company with the largest volume of mandatory retention registration was LG Energy Solution with 191.50 million shares, and in the KOSDAQ market, Skin&Skin was recorded with 189.28 million shares. The top companies for mandatory retention registration lifts were KakaoBank (150.81 million shares) and Skin&Skin (121.36 million shares).

This content was produced with the assistance of AI translation services.