Douzone Bizon Tender Offer Ends on the 24th... Shares Must Be Purchased by the 20th for Eligibility

Purchased Shares Are Acquired on the Second Business Day, Not on the Day of Purchase

As the deadline approaches for Douzone Bizon’s public tender offer, which has been promoted by global private equity firm EQT since February 23, investors are being urged to exercise caution.

Douzone Bizon Headquarters

According to the public tender offer statement disclosed by the Financial Supervisory Service on March 18, the Douzone Bizon public tender offer will close at 3:30 p.m. on March 24. To participate in this public tender offer, investors must deposit their shares into an NH Investment & Securities account, which is the tender offer administrator, by the closing date of March 24.

When purchasing shares on the market, ownership is not acquired immediately upon purchase; instead, final ownership is obtained on the second business day after the transaction. For example, if shares are purchased on Thursday, March 20, the first business day is Friday, March 19, and the second business day is Monday, March 23. Considering this, investors who wish to participate in the public tender offer must purchase Douzone Bizon shares by March 20.

Since NH Investment & Securities introduced the industry’s first online public tender offer subscription system in September 2023, it has actively utilized it for the tender offers it manages. For this Douzone Bizon public tender offer, applications can be submitted both offline by visiting NH Investment & Securities headquarters or branches, and online through the Home Trading System (HTS) or Mobile Trading System (MTS).

Shareholders who wish to apply for the public tender offer offline must bring identification documents for real-name verification. Individuals should bring their resident registration card or driver’s license, and foreigners should bring their foreign investor registration certificate. For those residing outside Korea who find it difficult to visit in person, it is possible to have a representative visit on their behalf.

An NH Investment & Securities representative stated, “Online subscriptions are only available for accounts held by domestic residents who have access to NH Investment & Securities’ online channels. For tax-advantaged accounts where security withdrawals are restricted, a separate process is required, so we recommend confirming in advance with the headquarters or branches. For offline applications, subscriptions are accepted until 3:30 p.m., but considering that there may be a concentration of applicants, we recommend visiting before 2:00 p.m. to allow sufficient time.”

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