[Alpha Biz= Paul Lee] SEOUL – The Korea Securities Depository (KSD) announced on July 31 that 386.37 million shares from 62 listed companies, including LG CNS, will have their mandatory lock-up restrictions lifted next month.



The mandatory holding system restricts major shareholders, including controlling owners, from selling their shares for a set period to protect general investors. KSD administers the system under relevant regulations.



By market:

Main KOSPI market: 5 companies, 141.15 million shares released

KOSDAQ market: 57 companies, 245.22 million shares released



Companies with the highest ratio of shares being unlocked relative to total shares issued are:

Fine Circuit (75.16%)

Erchos (71.48%)

Motivelink (69.12%)



By absolute volume, the top three are:

Aprogen Biologics (66.07 million shares)

LG CNS (65.40 million shares)

Pharmabcine (37.10 million shares)



KSD noted that IPO-related transfer restrictions accounted for the largest portion of shares subject to the mandatory holding system.
 

 

 

[ⓒ 알파경제. 무단전재-재배포 금지]