Pre-maturity acquisition and full retirement of convertible bonds due to put option exercise
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Exercised put option on Series 2 CB (issued 2023-10-31, balance KRW 2bn) resulting in pre-maturity acquisition of the entire amount.
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Acquisition amount: KRW 2,025,140,000 (principal KRW 2bn + interest). Acquisition date: 2026-04-30.
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After acquisition, total face value of CBs: KRW 0 (fully retired). Scheduled for cancellation at Korea Securities Depository.
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Funding source: internal cash via OTC purchase.
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Conversion price was adjusted to KRW 2,435 per share as of 2025-07-31; conversion rights extinguished upon full acquisition.
KOSDAQ Filing Information
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Filing: Acquisition Of Convertible Bonds (Including Overseas Convertible Bonds) Before Maturity After Issuance (2nd Series)
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Company: Shin Steel (162300)
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Submission: Shin Steel Co., Ltd.
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Receipt: 04-30-2026
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Under KRX KOSDAQ Market Division