Ssangbangwool's Stake in VIVIEN Changes from 17.31% to 44.76% - Reflecting Capital Reduction and CB Conversion | VIVIEN(002070)

As of April 24, 2026, Ssangbangwool holds 1,075,542 voting shares (44.73%) of VIVIEN, a decrease of 4,081,182 shares compared to the previous report but an increase in ownership ratio from 17.31% to 44.73%
The change in ownership ratio is due to VIVIEN's capital reduction decision announced on March 13, 2026 (effective April 15), which reduced total outstanding voting shares from 45,196,077 to 2,404,344 (approximately 18.8:1 reverse split)
On April 24, 2026, Ssangbangwool acquired Gwangrim's 3rd series convertible bonds of VIVIEN (904,404 shares, face value 10.93 billion won) and immediately exercised conversion rights, acquiring 904,404 common shares (conversion price 11,057 won per share)
The acquisition cost of 10,931,510,904 won was funded by a set-off using part of Ssangbangwool's own 10th series convertible bonds (face value 11 billion won) as in-kind contribution
This report is a correction due to miscalculation of shares after the capital reduction; the initial filing date was April 27, 2026

ADVERTISEMENT (250px+)