Conversion Price Adjustment for 111th CB Due to Stock Consolidation
- Conversion price of Paper Korea's 111th unsecured private CB adjusted from 1,148 won to 5,740 won reflecting a 5:1 stock consolidation.
- Number of convertible shares reduced from 89,547,038 to 17,909,407 based on total outstanding face value of 102.8 billion won.
- Adjustment effective May 1, 2026 due to stock consolidation (5 shares into 1) as per the terms disclosed on July 31, 2023.
- The adjustment is mechanical and does not alter the economic value of the conversion right.
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KOSPI Filing Information
- Filing: Adjustment of Conversion Price, Exercise Price of Stock Subscription Rights, and Exchange Price (Notice of Disclosure)
- Company: PaperCorea (001020)
- Submission: PaperCorea Inc.
- Receipt: 05-04-2026
- Under KRX KOSPI Market Division