More than 230 mn shares set to be unlocked in October
A total of 231.82 million shares from 52 listed companies will be released from lock-up in October, according to the Korea Securities Depository (KSD) on Tuesday.
This includes 45.42 million shares from four companies on the Kospi market and 186.4 million shares from 48 companies on the Kosdaq market.
A lock-up registration is a system that prevents major shareholders from selling their holdings for a certain period of time to protect general investors, with shares electronically registered with the KSD.
On the Kospi, 22.1 million shares of Doosan Robotics will be unlocked on October 5 and 14.59 million shares of Camus E&C on October 18.
On October 21, 7.2 million shares of Jooyon Tech and 1.52 million shares of SK bioscience will also be released.
On the Kosdaq, Sillajen will see 18.75 million shares unlocked on October 13, followed by Ace Technology on October 14, and 1.78 million shares of Genexine on October 17.
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