17th Apr 2007 08:31
Samsung Electronics Co. Ld17 April 2007 April 13, 2007 Disposal of Securities of Affiliate On April 13, 2007, the BOD of Samsung Electronics authorized the disposal ofsecurities of its affiliate, Samsung Card. It decided to participate in thedisposal of securities as Samsung Card becomes a listed company. - Purpose : to secure the investment resources and to realize profits - Number of shares to be disposed : the maximum 6.3 million - Number of shares currently holding : 46.5 million (46.85% of shareholding ratio) - Number of shares to be held after disposal : around 40.2 million (40.55% of shareholding ratio) • The final public offering price will be decided based on demand forecasting before listing. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Samsung El.gdr