Largest shareholder Lee Jae-jeong's stake dips 0.18% to 53.03% after special relation sells 18,506 shares on market, minimal impact on shareholder value
Total shares held by reporting person (Lee Jae-jeong) and special relations decreased by 18,506 shares (0.18%) from 5,423,505 (53.21%) to 5,404,999 (53.03%)
Reason: market sale by special relation Lee Dong-geon (May 28: 13,287 shares at 39,725 won; May 29: 5,219 shares at 37,114 won)
Reporting person continues to influence management as an officer, but no specific plans for change in control
Existing pledge contracts for inheritance tax (377,908 shares, 3.71%) unchanged
Minor stake reduction has limited impact on shareholder value
[AI Summary]The largest shareholder's stake declined by 0.18% due to a small market sale by a special relation, but this routine change does not materially affect control or shareholder value.