REG - POSCO - Disposal of Treasury Shares <Origin Href="QuoteRef">005490.KS</Origin>

Posco HoldingsAnnouncement

29/10/2014 13:57

RNS Number : 9885U
POSCO
22 October 2014
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER 
PURSUANT TO RULE 13a-16 OR 15D-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of October, 2014
Commission File Number: 1-13368
POSCO 
(Translation of registrant's name into English)
POSCO Center, 892 Daechi 4-dong, Kangnam-gu, Seoul, Korea, 135-777 
(Address of principal executive office)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or
Form 40-F.)
Form20-F [ x ]  Form 40-F [ ____ ]
[Indicate by check mark whether the registrant by furnishing the information contained in this Form is also 
thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. 
Yes [ ____ ]  No [ x ]
[If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b) : 82- .]
POSCO is furnishing under cover of Form 6-K:
Exhibit 99.1: An English-language translation of documents with respect to Disposal of Treasury Stocks as Employee Award


Disposal of Treasury Stocks as Employee Award
On 21 October 2014, the Executive Management Committee of POSCO has resolved the plan on the disposal of the treasury stocks as follows:
 Purpose: Best Performance and Continuous Services Award
 Planned Amount: Seven Hundred Thirty Four Million Korean Won (KRW 734,489,000)
 Category and Number of Shares to be Disposed: Common Shares - 2,317 Shares
 Disposal Method: Over-The-Counter Trading
 Disposal Period: 22~27 October 2014 (4 Days)
 Security Brokerage Firm: None
 The Agenda 'Disposal of Treasury Stocks as Employee Award' was approved at the Board of Directors' Meeting held on 7 February 2013, where the responsibility of the disposal of the treasury stocks was delegated to the Executive Management Committee


SIGNATURES
 Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
   POSCO
  (Registrant)
Date: October 22, 2014 By /s/ Noh, Min-Yong 
  (Signature)* 
*Print the name and title under the signature of the signing officer. Name: Noh, Min-Yong
Title: Senior Vice President

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