GAON CABLE Largest Shareholder LS Cable Acquires 10.8 Million Free Shares Maintaining 81.71% Stake No Dilution Impact

GAON CABLE filed a report on change in largest shareholder ownership on July 21, 2026.
The filing discloses an increase in shares held by the largest shareholder LS Cable due to acquisition of free shares on July 1, 2026.
LS Cable's holdings increased from 13.5 million to 24.3 million shares, but its ownership percentage remained unchanged at 81.71%.
This share count increase results from a stock dividend or bonus issue, causing no dilution for existing shareholders.
Total outstanding shares increased to 29.78 million, with executives and relatives also seeing proportional increases.
No capital raising or operational changes are associated with this administrative filing.
[AI Summary]The change in GAON CABLE's largest shareholder ownership is due to a free share acquisition similar to a stock split, with no real impact on shareholder value. The maintained stake ensures stable governance and low investment risk.