ME2ON: Largest Shareholder Changwook Son's Stake Changes from 21.88% to 20.93% Due to Call Option Exercise and Addition of Special Relationship
The number of shares held by largest shareholder Changwook Son and four specially related persons increased by 197,460 shares from 6,650,574 to 6,848,034, but the ownership ratio decreased from 21.88% to 20.93% due to an increase in total outstanding shares (from 30,390,092 to 32,723,726)
The changes resulted from exercise of call options on the 3rd series convertible bonds and conversion requests (114,037 shares for Son, 8,000 for Choi Won-seok, 1,796 for Jeong Hyeon-jun, 6,083 for Son Chang-hwan) and the addition of 67,544 shares acquired through open market purchases by special related person Kim So-ra
All acquisition funds were financed from personal funds, and the purpose of the report is to exercise influence over management