Stellar Blade (Shift Up)

 

[Alpha Biz= Reporter Kim Jisun] The National Pension Service (NPS) has become the third-largest shareholder of Shift Up (462870), a South Korean game company, after acquiring a 6.15% stake. 

 

According to the disclosure on the 7th, the NPS purchased shares twice through open market transactions—2.96 million shares on August 8 and 620,000 shares on August 30. With this acquisition, NPS now ranks behind CEO Kim Hyung-tae (38.85%) and Aceville (35.03%) in terms of ownership.

NPS stated that the purchase was made for "investment purposes." As of the 7th, the NPS's stake is valued at approximately 231.4 billion KRW. Boosted by the news of NPS's investment, Shift Up's stock price rose 14.77% from the previous trading day, closing at 64,500 KRW per share.

 

 

[ⓒ AlphaBIZ. 무단전재-재배포 금지]