The shares held by Hanwha Ocean's largest shareholder and related parties decreased by 22,169,660 shares, lowering their stake from 37.68% to 30.44%, a drop of 7.24 percentage points.

According to a report on changes in shares owned by the largest shareholder filed by Hanwha Ocean on the 21st, the common shares held by the largest shareholder and others fell from 115,446,696 shares as of the previous reporting date of April 8 to 93,277,036 shares as of the latest reporting date.

The change resulted from the disposal of shares held by Hanwha Systems. Through after-hours block trading that day, Hanwha Systems disposed of 22,169,660 common shares of Hanwha Ocean. As a result, Hanwha Systems' holdings in Hanwha Ocean changed from 22,169,660 shares to zero. The filing lists Hanwha Systems as an affiliate of the largest shareholder, Hanwha Aerospace.

Following the change, Hanwha Aerospace, the largest shareholder, holds 93,277,036 shares of Hanwha Ocean, representing a 30.44% stake.

Meanwhile, Hanwha Ocean's total issued shares amount to 306,413,394 common shares, with no other classes of stock.