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(Photo=HYBE) |
[Alpha Biz= Reporter Kim Jisun] On the 9th, Netmarble announced that it would sell its 1.1 million shares (approximately 2.6%) stake in HYBE for 2.1989 trillion won. In the disclosure, Netmarble stated that the purpose of the sale is to secure liquidity through the disposal of held shares.
As a result, Netmarble's ownership stake in HYBE decreased from 12.08% to 9.44%.
Netmarble entered into a Price Return Swap (PRS) contract based on the closing price of HYBE shares on that day, which was 199,000 won. PRS contracts allow for profit exchanges when the stock price deviates from the reference price.
Last November, Netmarble also reduced its stake from 18.08% to 12.08% by disposing of 2.5 million shares (approximately 6%) of HYBE through off-hours block deals.
AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)
