Execution of the Appraisal Rights
2001-10-16At the closing of the exercise period of the appraisal rights on October 15, 2001, H&CB accumulated applications from eighteen shareholders with a total of 46,580 shares that executed their appraisal rights to sell the shares at KRW 22,441. Please refer to the table below for the summary of the final outcome.
| Item | (Unit: Share, Won) |
|---|---|
| Total Common Shares Outstanding | 119,968,809 |
| Number of Shares against the Merger | (A) 25,596,599 |
| Total Shares with Appraisal Rights (B) | 46,580 |
| Appraisal Right Execution Rate (B/A) | 0.18% |
| Appraisal Right Price | 22,441 |
| Expenses for Appraisal Right | 1,045,301,780 |