LG Chem to Sell LG Energy Solution Shares for 2.5 Trillion Won

Bitget2026/10/28 06:51

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LG Chem plans to sell 6,535,939 LG Energy Solution common shares for KRW 2.5 trillion to improve finances and enhance shareholder value.
The indicative price is KRW 382,500 per share; the final price and share count may change.
The sale is scheduled for Nov. 27-Dec. 24, 2026.
Its remaining holding will total 179,211,586 shares, representing a 76.59% stake.
A two-year price return swap (PRS) will settle differences between the buyer's resale proceeds and the shares' reference value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LG Chem Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261028800407), on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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