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
3. Date of Change
March 20, 2024
4. Date of Confirmation of Change
April 2, 2024
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.
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.
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KT Corporation published this content on
02 April 2024 and is solely responsible for the information contained therein. Distributed by
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02 April 2024 15:05:06 UTC.
KT Corp is a Korea-based company that mainly provides telecommunication services. The Company operates its business through four segments. The Information and Communications Technologies segment is engaged in providing telecommunication services to individual, home, corporate customers and the convergence business. The Finance segment is engaged in providing financial services, such as credit card. The Satellite Broadcasting segment provides satellite television services. The Other segment includes security services, satellite service, information technology and network services, as well as global business services, which provide global network services to multinational or domestic corporate customers and telecommunications companies. The Company's principal services include mobile voice and data telecommunications services; fixed-line services; credit card processing and other financial services; as well as other services. The Company is engaged in the software platforms business.
KT CORPORATION 
