December 17, 2013

Notice of Changes in Samsung Card Company Beneficial Ownership

On December 13, 2013, Samsung Life Insurance disclosed acquisition of approximately 7.4million shares of Samsung Card Company from Samsung C&T Corporation (2.5%), Samsung Electro-Mechanics (3.8%), and Samsung Heavy Industries (0.8%). Samsung Life Insurance reported in a regulatory filing that the transaction occurred after market closed on 13 December and the total transaction amount was KRW 264 billion (KRW 35,700 per share). As a result of this transaction, Samsung Life Insurance’s beneficial ownership of Samsung Card Company increased from 28% to 34.4%.

Details
- Parties involved: Samsung Life Insurance (Purchaser)
Samsung C&T Corporation (Seller)
Samsung Electro-Mechanics (Seller)
Samsung Heavy Industries (Seller)
- Items of Transaction: 7.4 million shares of Samsung Card Company
- Value of Transaction: KRW 264 billion
- Date of Transaction: December 13, 2013


* This public disclosure is in accordance with the Financial Investment Services and Capital Markets Act (Article 200-1), which mandates major shareholder (Samsung Electronics) of a stock-listed corporation to report matters concerning the current status of specific securities, etc. owned by type and changes therein.


Welcome to Samsung

Sign up & get 10% off

Sign up and get 10% off your first order of $100 or more! Shop Samsung.com to find the best tech at the best prices and recieve news on our latest technology and exclusive offers.*

*Exclusion apply. Order must be a minimumm of $100 or more. Offer valid only for new Samsung.com customers. Must sign up for emails by 11/12/16. Promo code must be used by 11/19.

Fast, easy checkout with Shop Samsung App
Easy sign-in, Samsung Pay, notifications, and more!
Or continue shopping on Samsung.com
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×

You Are About To Be Redirected To Investor Relations Information for U.S.

Thank you for visiting Samsung U.S. Investor Relations. You will be redirected via a new browser window to the Samsung Global website for U.S. investor relations information.
CANCEL
CONTINUE