Release of Lock-up Registration for 351.88 Million Shares Including Doosan Robotics in November
Next month, 351.88 million shares of 48 companies, including Doosan Robotics, will be released from mandatory lock-up registration.
According to the Korea Securities Depository on the 31st, a total of 351.88 million shares of 48 listed companies registered under mandatory lock-up at the Depository are scheduled to be released in November.
By market, 123.29 million shares of 6 companies are from the KOSPI market, and 228.59 million shares of 42 companies are from the KOSDAQ market.
The top three companies by the number of shares released relative to total issued shares are HPO (69.61%), Samsung FN Trust Management Real Estate Investment Company (69.24%), and Hanwha Trust Management Real Estate Investment Company (67.14%). The top three companies by the number of shares released from mandatory lock-up are East Asia Holdings Investment Limited (72 million shares), Samsung FN Trust Management Real Estate Investment Company (53.52 million shares), and Hanwha Trust Management Real Estate Investment Company (47.4 million shares).
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The primary 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.
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