SEOJIN SYSTEM CO.,LTD Neo-solutions Inc. group stake rises from 13.29% to 14.83% after perpetual CB deal
SAI summary · Not investment advice
Neo-solutions Inc. and related parties raised their stake in SEOJIN SYSTEM CO.,LTD from 13.29% to 14.83%, mainly through convertible bonds. The stated purpose is simple investment.
Stake
14.83%
Previous 13.29% · 1.54%p
Key facts
- Reporting holder
- Neo-solutions Inc. and 2 related parties
- Previous stake
- 13.29%
- Purpose of holding
- Simple investment
- Reason for change
- Additional acquisition and more shares obtainable after conversion/exercise price adjustments
- Report type
- Change
- Reason for report
- Change of 1% or more in shares held and stake
- Previous shares held
- 8,544,722 shares
- Shares held
- 9,691,740 shares
- Method of change
- Acquisition of perpetual convertible bonds and adjustment of conversion/exercise prices on existing CBs and BWs
- On-market purchase period
- May 18, 2026 – Jun 5, 2026Price KRW 65,340-80,689
- Reporting obligation date
- Sep 4, 2026
Commentary
AI commentary · Not investment advice
What happened
Neo-solutions Inc. and its related parties (affiliates and major shareholders counted together with the reporter) now hold 14.83% of SEOJIN SYSTEM. An affiliate acquired perpetual convertible bonds (bonds with no maturity that can be turned into shares), adding 902,119 obtainable shares. The group also purchased shares on the market in May and June at KRW 65,340-80,689 per share. A rights offering lowered the conversion price on existing bonds to KRW 26,211, raising the number of shares they can receive. The stated purpose is simple investment.
In the company's terms
SEOJIN SYSTEM has 63,723,489 voting shares in issue. Counting only actual shares, the group's stake went from 12.33% to 12.68%.
Earlier Report on Large Shareholdings filings from this company
| Filed | Reporting holder | Stake | Change |
|---|---|---|---|
| 26.11.062026.11.06 | — | 20.51% | 0.00%p |
| 26.11.062026.11.06 | — | 6.22% | +1.14%p |
| 26.10.162026.10.16 | Jun Dong Kyu and 12 related parties | 20.51% | 0.00%p |
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