LOTTE TOUR DEVELOPMENT CO.,LTD Largest shareholder Kim Ki-byung group's shares under contracts change to 25,946,398 (32.54%)
LAI summary · Not investment advice
LOTTE TOUR DEVELOPMENT CO.,LTD's largest shareholder Kim Ki-byung's group stake stayed at 50.80%, while shares under contracts changed from 25,522,129 to 25,946,398.
Total under contracts
25,946,398 shares
Total 32.54%
Key facts
- Reporting holder
- Kim Ki-byung and 4 related parties
- Relationship with issuer
- Largest shareholder
- Report type
- Amendment
- Reason for report
- Change in the number of shares pledged by a related party
- Stake
- 50.80%Previous 50.80% · no change
- Shares held
- 40,501,587 sharesNo change
- Purpose of holding
- Influence over management
- Reason for amendment
- Change in shares pledged by a related party (the CEO)
- Previous shares under major contracts
- 25,522,129 shares32.01%
- Shares under major contracts
- 25,946,398 shares32.54%
- Reporting obligation date
- Oct 1, 2026
Commentary
AI commentary · Not investment advice
What happened
Kim Ki-byung, the largest shareholder of Lotte Tour Development, reported a change in pledge contracts. Holders of over 5% must report changes in contracts such as pledges (a large shareholding report). The group's holding stayed at 40,501,587 shares, or 50.80%. The filing said the number of shares pledged by a related party, the CEO, changed. It does not say which contract changed.
In the company's terms
Lotte Tour Development has 79,725,458 voting shares in issue. Of the group's shares, 25,946,398 (32.54%) are tied up in contracts such as pledges, repurchase agreements and share lending. At the previous report the figure was 25,522,129 (32.01%). The largest pledge is 6,070,000 shares (7.61%) with a securities firm.
What changes for shareholders
Those 6,070,000 shares are the same shares covered by a 5,645,731-share pledge with another company. That pledge is to be set after the securities firm's pledge is released.
Earlier Report on Large Shareholdings filings from this company
| Filed | Reporting holder | Stake | Change |
|---|---|---|---|
| 26.10.302026.10.30 | Kim Ki-byung and 4 specially related persons | 50.80% | 0.00%p |
| 26.10.232026.10.23 | The largest shareholder and 4 related parties | 50.80% | 0.00%p |
| 26.10.122026.10.12 | VIP RESEARCH & MANAGEMENT, INC. | 15.02% | +2.83%p |
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