Major Shareholder Plans to Sell 48,485 Subscription Rights in Rights Offering
- Fashion Group Hyungji plans to sell 48,485 (approx. 95%) of the 51,036 subscription rights allocated from Hyungji I&C's rights offering, and will exercise the remaining 2,551 rights
- Disposal price set at expected issue price of KRW 4,670 (post-capital reduction), with transaction amount of approx. KRW 226 million
- Subscription rights to be issued on May 22, 2026; sale expected via on-exchange or off-exchange transactions
- Expected issue price calculated based on reference price of KRW 666.89 (Feb 24-27, 2026) with 30% discount, then adjusted for 10:1 capital reduction; subject to change upon finalization on June 16, 2026
- Capital reduction (10 shares → 1 share) effective April 14, 2026
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KOSDAQ Filing Information
- Filing: Report On Transaction Plan Of Specific Securities By Executives And Major Shareholders
- Company: Hyungji I&C (011080)
- Submission: Fashion Group Hyungji
- Receipt: 04-28-2026