Korea's Samsung Electronics Chairman Lee Jae-rong will acquire shares worth about 1.9 trillion won worth of Samsung Electronics held by his mother, Hong Ra-hee, the former director of the Lee Am Art Museum, through an OTC transaction. The Financial Supervisory Service's electronic publicity system revealed on the 9th that Lee Jae-rong plans to acquire 7188,793 shares of Samsung Electronics common shares held by Hong Luoxi through OTC transactions on October 12. The purpose of this transaction is to “acquire shares from related parties”. The proposed transaction price is 269,500 won per share, and the pricing is based on the closing price on the 8th of the trading day prior to reporting. Based on this estimate, the total transaction amount is approximately KRW 1.9374 trillion. Lee Jae-rong currently holds 97551953 shares of Samsung Electronics, with a shareholding ratio of 1.47%. If the transaction is completed as planned, the number of shares held will increase to 104740,746 shares, and the shareholding ratio will increase by 0.11 percentage points to 1.58%. The number of shares traded represents 0.11% of the total shares issued by Samsung Electronics.

Korea's Samsung Electronics Chairman Lee Jae-rong will acquire shares worth about 1.9 trillion won worth of Samsung Electronics held by his mother, Hong Ra-hee, the former director of the Lee Am Art Museum, through an OTC transaction. The Financial Supervisory Service's electronic publicity system revealed on the 9th that Lee Jae-rong plans to acquire 7188,793 shares of Samsung Electronics common shares held by Hong Luoxi through OTC transactions on October 12. The purpose of this transaction is to “acquire shares from related parties”. The proposed transaction price is 269,500 won per share, based on the closing price on the 8th of the trading day prior to reporting. Based on this estimate, the total transaction amount is approximately KRW 1.9374 trillion. Lee Jae-rong currently holds 97551953 shares of Samsung Electronics, with a shareholding ratio of 1.47%. If the transaction is completed as planned, the number of shares held will increase to 104740,746 shares, and the shareholding ratio will increase by 0.11 percentage points to 1.58%. The number of shares traded represents 0.11% of the total shares issued by Samsung Electronics.