EXEM CO., LTD. Cho Jong-am's stake rises from 39.65% to 39.75% on par value consolidation and on-market buying
EAI summary · Not investment advice
Executive Jong-am Cho's stake in Exem rose from 39.65% to 39.75% in the latest filing.
Stake
39.75%
Key facts
- Previous stake
- 39.65%
- Purpose of holding
- Influence on management control
- Reason for change
- Change in holdings due to the reporter's on-market purchases and par value consolidation (report of previously unreported amounts due to prior exemption)
- Previous shares held
- 26,780,028 shares
- Shares held
- 5,370,005 sharesReflects 5:1 par value consolidation on 2026-10-13
- Method of change
- On-market purchase, par value consolidation
- Source of funds
- KRW 78.0 millionOwn funds, no borrowings
Commentary
AI commentary · Not investment advice
What happened
Executive Jo Jong-am and related holders reported their stake in Exem again. They bought 14,000 shares on the market (7,000 shares twice). A share consolidation (merging shares so the total count falls) also cut their share count. The report also covers changes that were not filed earlier.
In the company's terms
Holdings went from 26,780,028 shares to 5,370,005 shares. The consolidation removed 21,236,204 shares from Jo Jong-am and 187,819 shares from Jo Hyun-seo. The stated purpose is influence over management. The market purchases cost KRW 77.97 million. Shares pledged as collateral total 584,212.
What changes for shareholders
The holding ratio rose from 39.65% to 39.75%.
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