DKME largest shareholder stake rises to 38.54% after consolidation and rights offering, collateral restructured

Due to DKME's stock consolidation (par value from KRW 500 to KRW 2,500) and third-party allocation rights offering (payment on May 11, 2026), the combined stake of largest shareholder Deokyang Energen and special relation Wolf increased from 30.76% to 38.54%
The existing share pledge by Wolf to KDB (7,290,891 shares, 13.65% stake) was released and replaced with real estate collateral for a KRW 220 billion loan
Deokyang Energen borrowed KRW 170 billion from Nonghyup (May 8, 2026 to May 8, 2027, unsecured)
Wolf borrowed KRW 220 billion from KDB (May 11, 2026 to May 11, 2033, interest rate 3.97% (6-month KDB AA+1.17%))
Acquisition funds were sourced from internal funds and partial borrowings