Decision on the acquisition of other company shares (voluntary disclosure)
2022.07.081. Issuing company profile
- Name: CJ CGV Co., Ltd., an affiliate
- CEO: Huh Min-hoi
- Paid-in capital: 20,403,356,000
- No. of shares issued: 40,870,337
- Main business: Film business
2. Details
- No. of shares to be acquired: 6,818,182 shares
- Acquisition cost: KRW 150,000 million (0.91% of shareholders' equity)
3. Total number of shares after the acquisition: 23,148,659 shares (Ownership: 48.54%)
4. Method: Participating in capital increase allocated to third parties
5. Purpose: Securing capital for the improvement of financial structure
6. Scheduled date of acquisition: Jun. 28, 2022
7. Date of conclusion by the BOD: Jun. 28, 2022 (Four outside directors attended.)
- Name: CJ CGV Co., Ltd., an affiliate
- CEO: Huh Min-hoi
- Paid-in capital: 20,403,356,000
- No. of shares issued: 40,870,337
- Main business: Film business
2. Details
- No. of shares to be acquired: 6,818,182 shares
- Acquisition cost: KRW 150,000 million (0.91% of shareholders' equity)
3. Total number of shares after the acquisition: 23,148,659 shares (Ownership: 48.54%)
4. Method: Participating in capital increase allocated to third parties
5. Purpose: Securing capital for the improvement of financial structure
6. Scheduled date of acquisition: Jun. 28, 2022
7. Date of conclusion by the BOD: Jun. 28, 2022 (Four outside directors attended.)
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