Lotte Group Chairman Shin Dong-bin Sells Additional 203,000 Lotte Shopping Shares

Lotte Group Chairman Shin Dong-bin has publicly disclosed that he sold a total of 203,150 shares of Lotte Shopping across three separate transactions from the 9th until today (the 11th).

As a result, Chairman Shin's stake in Lotte Shopping decreased from 9.81% to 9.09%.

Previously, Chairman Shin announced plans to sell 324,100 shares (1.15%) of his holdings in Lotte Shopping for the purpose of securing liquidity.

Accordingly, Chairman Shin also sold 118,180 shares of Lotte Shopping from late last month to early this month. With the newly disclosed sales volume added, he has disposed of 321,330 shares, nearly fulfilling his planned volume.

According to the plan, the selling transactions will continue through the 18th of this month.

(Photo provided by Lotte Group, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.