Chairman Shin Dong-bin Sells 203,150 Shares of Lotte Shopping, Reducing Stake to 9.09%

[Financial News] Lotte Group Chairman Shin Dong-bin sold 203,150 shares of Lotte Shopping on the open market.
According to the Financial Supervisory Service's Data Analysis, Retrieval and Transfer System (DART) on the 11th, Shin sold 203,150 common shares of Lotte Shopping on the open market in three transactions from the 9th through that day. The total value of the sales was 23,308,376,300 won.
As a result, Shin's stake in Lotte Shopping fell from 9.81% to 9.09%.
The sales were made under a trading plan Shin disclosed in July. At the time, he announced plans to sell 324,100 Lotte Shopping shares, equivalent to 1.15% of the company, to secure liquidity.
Shin had previously sold 118,180 Lotte Shopping shares from the end of last month through early this month. Including the latest sale, he has disposed of a total of 321,330 shares, meaning he has sold most of the amount originally planned.
[email protected] Jang Yu-ha Reporter