Korea Investment 2024 No.1 Private Equity Sells Entire 43.47% Stake in SKC and Terminates Joint Holding

Korea Investment 2024 No.1 Private Equity reduced its stake in SKC by 21,541,702 shares from the previous report, with the holding ratio plummeting from 43.47% to 0.03%.
This resulted from fully disposing of shares through block trades and market sales after exercising exchangeable bonds, and terminating the joint holding relationship with SK Holdings.
The remaining 16,637 shares are held by Korea Investment Securities through on-market transactions.
[AI Summary]The complete sell-off of SKC shares by Korea Investment 2024 No.1 Private Equity removes a large overhang but signals a major shareholder exit, potentially pressuring the stock price in the short term. While the selling linked to the exchangeable bond exercise has been absorbed, the likelihood of further massive selling has decreased.