Treasury Share Acquisition Trust Contract Terminated... 730,828 Treasury Shares Transferred to Direct Holdings (No Impact on Shareholder Value)
SPSoft's treasury share acquisition trust contract (contract amount 4 billion KRW) expired and was terminated on May 29, 2026. As a result, 730,828 common shares acquired through the trust (acquisition amount approx. 3.99 billion KRW) were transferred to the company's account and converted into direct treasury shares.
During the trust period, a total of 730,828 shares were acquired, representing 99.8% of the contract amount. The remaining balance (approx. 8 million KRW) was paid for management fees and other expenses.
After termination, the company directly holds 730,828 treasury shares (under Article 165-3 of the Act), which is 2.95% of total outstanding shares (24,741,392 shares). Additionally, the company holds 1,794 shares that are not subject to the same regulation.
This trust contract termination is a normal procedure due to the expiration of the contract period and does not directly affect shareholder value, such as new capital raising or share cancellation.
[AI Comprehensive Analysis]This disclosure is a routine procedural report on the termination of an existing treasury share trust contract. Therefore, its impact on the stock price or corporate value is limited and does not constitute a significant factor for investment decisions.
KOSDAQ Filing Information
Filing: Report on Results of Trust Contract Termination