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Madup Inc. Largest shareholder Lee Jumin's group stake at 40.16% as cancelled gift returns 6,000 shares

Madup Inc.· Report on Large Shareholdings
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AI summary · Not investment advice

The stake of Lee Jumin and 3 related parties in Madup Inc. rose from 40.15% to 40.16% after a share gift was cancelled.

Stake

40.16%

Previous 40.15% · 0.01%p

Key facts

Reporting holder
Lee Jumin and 3 related parties
Relationship with issuer
Largest shareholder
Report type
Change
Reason for report
Change in shares after a related party's share gift was cancelled, and more shares in issue from stock option exercises
Previous stake
40.15%
Previous shares held
7,551,600 shares
Shares held
7,557,600 sharesChange +6,000 shares
Purpose of holding
To influence management
Method of change
Change in shares after a related party's share gift was cancelled
Shares under major contracts
7,236,000 sharesSame as previous · ratio from 38.47% to 38.45%
Total under contracts
7,236,000 shares
Reporting obligation date
Sep 30, 2026

Commentary

AI commentary · Not investment advice

What happened

The combined stake of Lee Jumin, the largest shareholder of Madup, and his related parties rose from 40.15% to 40.16%. One related party took back shares given away in 2024. Cancelling the gift returned 6,000 shares: 2,000 on September 7 and 4,000 on September 30.

In the company's terms

Madup's voting shares in issue rose by 13,000, from 18,807,400 to 18,820,400. This came from the exercise of stock options (rights to purchase shares at a set price). Counting only actual shares, the stake stays at 39.84%.

What changes for shareholders

Lee Jumin and one related party agreed to vote together at shareholder meetings. The agreement covers 7,236,000 shares, or 38.45% of the shares. It runs for 3 years from the listing date. The group holds its stake to influence management.

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