LOTTE rental co., ltd. Report on Large Shareholdings
LAI summary · Not investment advice
The largest shareholder's stake is unchanged at 61.17%, with all 22,212,063 held shares subject to a pledge contract.
Key facts
- Stake
- 61.17%
- Reporting holder
- Lexicon Korea Holdco Co., Ltd.
- Previous stake
- 61.17%
- Purpose of holding
- Influence on management control
- Relationship with issuer
- Largest shareholder
- Report type
- Change
- Reason for report
- Change in holding form (from holding to ownership) upon closing of the share purchase agreement, and entry into a major contract on held shares
- Previous shares held
- 22,212,063 shares
- Shares held
- 22,212,063 shares
Commentary
AI commentary · Not investment advice
What happened
Lexicon Korea Holdco Co., Ltd., the largest shareholder of Lotte Rental, reported that it completed a share purchase deal for 22,212,063 shares. The shares were bought off the market. Its holding form changed from "holding" to "owning". It also signed a security agreement (a pledge of shares as collateral) covering the same shares.
In the company's terms
The purchase was funded with KRW 1,205.925 billion of its own money. It also used KRW 104.586717 billion in borrowings. The stated purpose of the holding is to influence management control.
What changes for shareholders
Its stake stays at 61.17%, the same as before. The number of shares stays at 22,212,063. All of those shares are covered by the security agreement.
Earlier Report on Large Shareholdings filings from this company
| Filed | Reporting holder | Stake | Change |
|---|---|---|---|
| 26.11.122026.11.12 | VIP Asset Management Co., Ltd. | 4.78% | −2.55%p |
| 26.10.302026.10.30 | Hotel Lotte Co., Ltd. | 0.00% | −61.21%p |
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