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View of Hanwha Ocean Geoje Business Site. (Photo=Hanhwa Ocean) |
[Alpha Biz= Reporter Kim Sangjin] On the 31st, Korea Securities Depository announced that the lock-up period for a total of 359.3 million shares belonging to 45 companies, including Hanwha Ocean and DS Corporation, listed on the stock market, will be released next month.
Lock-up registration refers to the electronic registration of shares owned by major shareholders to restrict disposal for a certain period, aimed at protecting ordinary investors.
In June, the released shares include 130.68 million shares from 5 companies listed on the KOSPI market and 175.25 million shares from 40 companies listed on the KOSDAQ market.
The top three companies in terms of the proportion of released shares to the total issued shares were DS Corporation (50.71%), Hanwha Ocean (35.77%), and VDIA Holdings (32.54%).
The top three companies in terms of the number of released shares from lock-up registration were Hanwha Ocean (19.58 million shares), Organic Chemicals Holdings (6 million shares), and Raon Secure (1.544 million shares).
The Depository stated that recruitment (pre-emption restrictions) accounted for the largest proportion of reasons for lock-up registration.
AlphaBIZ Kim SangJin(letyou@alphabiz.co.kr)
