[Breaking News] MNC Solution decides on 200% free share distribution... "Total shares tripled"
[Breaking News] MNC Solution decides on 200% free share distribution... "Total shares tripled" MNC Solution announced through a regulatory filing on the 12th th
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[Breaking News] MNC Solution decides on 200% free share distribution... "Total shares tripled"
MNC Solution announced through a regulatory filing on the 12th that it has decided on a 200% free share distribution, allocating two new shares for every one ordinary share held. Due to this free share distribution, the total number of issued shares will expand to three times the previous amount.
■ Key Free Share Distribution Schedule and Scale • Number of new shares to be issued: 18,307,800 shares • Total number of issued shares before/after the distribution: 9,153,900 shares ➔ 27,461,700 shares • Record date for new share allocation: June 29, 2026 (Targeting shareholders registered on the shareholder registry as of the record date, with no fractional shares generated) • Scheduled listing date for new shares: July 29, 2026 • Dividend commencement date: January 1, 2026
The funds for this capital increase will be secured by capitalizing 1,830,780,000 KRW from the share premium reserve into capital.
MNC Solution stated, "Incidental matters related to the issuance of new shares have been delegated to the CEO, and the schedule may be changed during the consultation process with relevant authorities."
■ Korea Exchange temporarily halts trading for 30 minutes On the same day, the Korea Exchange temporarily suspended and then lifted a trading halt related to the disclosure of material information.
This measure was taken in accordance with the disclosure of a free share distribution of 10% or more, halting trading for about 30 minutes from 11:06 AM to 11:36 AM. The Exchange explained that the trading suspension was implemented under Article 40 of the KOSPI Market Disclosure Regulations, and that if derivatives are listed, the corresponding futures and options products are also suspended from trading simultaneously.
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