Grant of treasury stock bonus for directors and employees
6. Disposal method
Disposal in exchange (shrs.)
-
Off-hours block trading (shrs.)
-
Disposal in OTC (shrs.)
-
Others (shrs.)
1,996
7. Entrusted brokerage company
Hana Financial Investment Co.,Ltd.
8. Treasury stock holdings before disposal
Acquisition within profits available for dividends (shrs.)
Common stock
25,940
Ratio(%)
0.0
Different classes of stocks
-
Ratio(%)
-
Acquisition for other reasons (shrs.)
Common stock
12,113,150
Ratio(%)
2.7
Different classes of stocks
-
Ratio(%)
-
9. Date of board resolution (decision date)
2022-02-10
- Attendance of outside directors
Present (No.)
4
Absent (No.)
-
- Attendance of auditors (members of Audit Committee who are not outside directors)
-
10. Limit of buying order per day
Common stock
-
Different classes of stocks
-
11. Other matters to be factored into investment decisions
1) The number of total outstanding shares is 445,962,051 as of the disclosure submission date.
2) Above '2. Disposal Price of Shares' and above '3. Estimated Disposal Amount ' are calculated based on the last price on February 09 2022, the day before board resolution.
3) Above '6. Disposal Method' is a method to transfer treasury stocks from company's treasury stock account to each director and employee's stock account on the scheduled disposal date.
【Holding Amount of Treasury Stock before Decision on Treasury Stock Disposal】
(in shrs.)
Methods of acquisition
Type of shares
Beginning balance
Change
Closing balance
Remarks
Acquisition (+)
Disposal (-)
Share retirement (-)
Amount of shares acquired within profits available for dividends
Direct Acquisition
Direct acquisition in exchange
Common stock
25,940
-
-
-
25,940
-
Different classes of stocks
-
-
-
-
-
-
Direct acquisition in OTC
Common stock
-
-
-
-
-
-
Different classes of stocks
-
-
-
-
-
-
Tender offer
Common stock
-
-
-
-
-
-
Different classes of stocks
-
-
-
-
-
-
Sub total (a)
Common stock
25,940
-
-
-
25,940
-
Different classes of stocks
-
-
-
-
-
-
Acquisition by trust contract
Number of shares indirectly held through trust contracts
Common stock
-
-
-
-
-
-
Different classes of stocks
-
-
-
-
-
-
Number of shares directly held
Common stock
-
-
-
-
-
-
Different classes of stocks
-
-
-
-
-
-
Sub total (b)
Common stock
-
-
-
-
-
-
Different classes of stocks
-
-
-
-
-
-
Amount of shares acquired for other reasons (c)
Common stock
12,113,150
-
0
-
12,113,150
-
Different classes of stocks
-
-
-
-
-
-
Total (a+b+c)
Common stock
12,139,090
-
0
-
12,139,090
-
Different classes of stocks
-
-
-
-
-
-
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Disclaimer
Kakao Corp. published this content on 11 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2022 02:27:02 UTC.
Kakao Corp is a Korea-based company principally engaged in the mobile services business. The Company operates its business through two segments. The Content segment produces mobile messengers, portals, games, music, and paid content such as webtoons, and Web novels. In addition, it sells character products using intellectual property (IP) called Kakao Friends through online and offline stores. The Platform segment sells advertisements such as search advertisements and display advertisements. In addition, it engages in businesses of mobility, pay and manufacturing communication terminals for children using IP called Kakao Friends.