Pulp Project No.1 Increases Stake from 9.50% to 14.42% via CB Acquisition by Related Party
Combined stake of Pulp Project No.1 Private Investment and its related party Pulp Project No.2 in Daesung Hi-Tech increased from 1,706,654 shares (9.50%) to 2,738,858 shares (14.42%)
The increase of 1,032,204 shares is from convertible bonds newly acquired by Pulp Project No.2 (conversion price 9,688 won); voting shares outstanding unchanged at 1,354,707 (7.70%)
Filer holds a call option contract with the issuer (541,883 shares, 2.85%) and a put option contract with an individual (1,354,707 shares, 7.13%)
Pulp Project No.2 also holds a call option contract with the issuer for 412,881 shares (2.17%)