SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2024
Commission File Number 1-14926
KT Corporation
(Translation of registrant’s name into English)
90, Buljeong-ro,
Bundang-gu, Seongnam-si,
Gyeonggi-do,
Korea
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☑ Form 40-F ☐
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.
Dated: April 2, 2024 | ||
KT Corporation | ||
By: | /s/ Youngkyoon Yun | |
Name: Youngkyoon Yun | ||
Title: Vice President | ||
By: | /s/ Sanghyun Cho | |
Name: Sanghyun Cho | ||
Title: Director | ||
Change of Largest Shareholder
| 1. Change Details | Before Change | Largest shareholder
| National Pension Service
| |||
| Shares owned | 19,378,169 | |||||
| Ownership (%) | 7.51 | |||||
| After Change | Largest shareholder | Hyundai Motor Company and Hyundai Mobis Co., LTD | ||||
| Shares owned | 20,345,700 | |||||
| Ownership (%) | 7.89 | |||||
| 2. Reason for Change | Confirmation of changes in the stake of National Pension Service reported in April 2, 2024
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3. Date of Change
| March 20, 2024
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4. Date of Confirmation of Change
| April 2, 2024
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| 5. Additional Information | The final change in largest shareholder is subject to the evaluation results of the Ministry of Science and ICT on public interest, in accordance with Article 10 and 18 of the Telecommunications Business Act, and requires approval from the Minister of Science and ICT. Any future changes will be notified accordingly.
The numbers of shares owned in “1. Change Details” are based on the data as of March 20, 2024.
The ownership (%) in “1. Change Details” is based on the total number of issued shares as of March 20, 2024, which is 257,860,760 shares.
“3. Date of Change” refers to the date of the ownership report submitted by the National Pension Service on April 2, 2024, to Financial Supervisory Service of Korea.
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Details of Change
| Name of Company | Relationship | Before Change | After Change | |||||||||||||||
| Shares | Ownership(%) | Shares | Ownership(%) | |||||||||||||||
| National Pension Service | Largest shareholder before change | 20,843,859 | 8.08 | 19,378,169 | 7.51 | |||||||||||||
| Hyundai Motor Co. | Largest shareholder after change | 12,251,234 | 4.75 | 12,251,234 | 4.75 | |||||||||||||
| Hyundai Mobis Co., LTD | Specially related entity of Largest shareholder after change | 8,094,466 | 3.14 | 8,094,466 | 3.14 | |||||||||||||
| * | The ‘Before Change’ shares and ownership (%) are based on the shareholder registry as of December 31, 2023. |
