The second-largest shareholder of United Angel, The One MTS, has secured an equity stake of over 10% and noted that it will officially announce its intention to participate in management by the 17th of this month.
According to the Financial Supervisory Service on the electronic disclosure system on the 9th, The One MTS has announced that it increased its number of shares held from 1,025,992 shares as of Dec. 31 last year to 1,328,379 shares as of the market close that day. The equity stake grew from 7.78% to 10.07%.
Currently, the largest shareholders of United Angel are special relations individuals, including Chairperson Park Ji-hyang and CEO Yoo Ji-won, holding a total of 16.89%. Excluding the company employee welfare fund equity (7.50%), this amounts to an equity level of 9.39%.
On that day, The One MTS released a statement saying, "We have effectively secured the status of a single largest shareholder, and amid the decline in the stock price, we are continuing to purchase additional equity this year."
Regarding the purpose of stock ownership still being "simple investment," it noted that it plans to officially announce its intention to participate in management by the 17th of this month. The One MTS stressed that "when participating in management, we will actively take action to realize shareholder benefits in the future."