Thanks to’Ionic 5′, Lee Seo-jin sold 100 million shares on the day of its capping price.

It was confirmed on the 10th that actor Lee Seo-jin recently sold all shares of a company that supplies automobile interior materials. It can be interpreted that profits were realized at the timing of the stock price surge due to the’Hyundai Motor Effect’.

According to the electronic disclosure system on the 10th, Doool, an automobile interior material company, announced on the 9th that it had sold all 30,000 shares of the company that Mr. Lee had on the market on the 2nd. According to the’Report on Changes in Shares Owned by Largest Shareholders’, Mr. Lee sold shares for 4917 won per share, converting a total of 147.71 million won into cash.

Mr. Lee, who is known to be familiar with Doool’s CEO, was appointed as Doool’s outside director in March 2018. As outside directors are prohibited from acquiring more than 1% of the total number of issued stocks in the company, Lee held 30,000 shares, equivalent to 0.9%.

Recently, the stock price of Dooul has risen significantly due to the effect of Hyundai Motor Company. It makes seat covers, fabrics, and airbags for automobiles and supplies interior materials to popular car models such as Genesis GV80, Grandeur and Santa Fe, and Kia Carnival.

It also supplies seat covers and eco-friendly fabrics to the Ioniq 5 announced by Hyundai Motor Company. In particular, on the 2nd, when Lee sold all of his stock, the news came out that Dooall will supply interior materials to Ionic 5, and the stock price ended at the upper limit.

According to the public announcement, CEO Jo’s younger brother, Seung-hoe Jo, sold a total of 1.34 million shares of Dooall’s shares for two days on the last two to three days, the same time as Lee. On the 2nd, it sold 500,000 shares for 4,832 won per share, and on the 3rd, the next day, 5720 won for 840,000 shares.

Reporter Oh Won-seok [email protected]