POSCO Humans Co., Ltd. announced a private placement of 572,000 shares at an issue price of KRW 5,160 per share for gross proceeds of KRW 2,951,520,000 on November 11, 2019. The transaction will involve participation from POSCO ENERGY Co., Ltd. for 34,000 shares, POSCO M-TECH Co., Ltd. (KOSDAQ:A009520) for 21,000 shares, POSCO Chemicals Ltd. for 54,000, POSCO International Ltd. for 88,000, POSCO lTD. for 211,000, POSCO Engineering & Construction Co., Ltd. for 211,000, and POSCO kids City Ltd. for 164,000. The transaction has been approved by the board of directors of the company. The company will issue securities through third party allotment method. The shares to be issued in the transaction have a par value of KRW 5,000 per share. The date of payment is December 12, 2019.