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 February 2021
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 ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
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: February 8, 2021 | ||
KT Corporation | ||
By: | /s/ Seunghoon Chi | |
Name: Seunghoon Chi | ||
Title: Vice President | ||
By: | /s/ Ginah Yun | |
Name: Ginah Yun | ||
Title: Director |
Report on Acquisition of Treasury Shares by Trust Agreement
1. | KT Corp (the “Company”)’s contract for share repurchase trust |
A. | Date of disclosure with regards to contract for share repurchase trust: November 6, 2020 |
B. | Trust agreement company: NH Investment & Securities Co., Ltd. |
2. | Acquisition of shares issued by the Company through the trust agreement |
Date | Type of share | Number of shares | Price paid per share (KRW) | Aggregate value (KRW) | ||||||||||||||
Acquired | Disposed | |||||||||||||||||
November 9, 2020 | Common shares | 100,000 | — | 23,282 | 2,328,245,050 | |||||||||||||
November 10, 2020 | Common shares | 100,000 | — | 23,146 | 2,314,629,250 | |||||||||||||
November 11, 2020 | Common shares | 100,000 | — | 23,520 | 2,351,975,800 | |||||||||||||
November 12, 2020 | Common shares | 100,000 | — | 23,659 | 2,365,919,150 | |||||||||||||
November 13, 2020 | Common shares | 100,000 | — | 23,470 | 2,346,981,200 | |||||||||||||
November 16, 2020 | Common shares | 100,000 | — | 23,572 | 2,357,220,000 | |||||||||||||
November 17, 2020 | Common shares | 150,000 | — | 23,526 | 3,528,936,500 | |||||||||||||
November 18, 2020 | Common shares | 150,000 | — | 23,465 | 3,519,801,950 | |||||||||||||
November 19, 2020 | Common shares | 150,000 | — | 23,368 | 3,505,210,650 | |||||||||||||
November 20, 2020 | Common shares | 150,000 | — | 23,531 | 3,529,640,550 | |||||||||||||
November 23, 2020 | Common shares | 150,000 | — | 23,626 | 3,543,836,700 | |||||||||||||
November 24, 2020 | Common shares | 150,000 | — | 23,779 | 3,566,873,200 | |||||||||||||
November 25, 2020 | Common shares | 150,000 | — | 23,982 | 3,597,238,750 |
November 26, 2020 | Common shares | 150,000 | — | 24,063 | 3,609,427,450 | |||||||||||||
November 27, 2020 | Common shares | 150,000 | — | 24,298 | 3,644,723,050 | |||||||||||||
November 30, 2020 | Common shares | 150,000 | — | 24,233 | 3,635,016,500 | |||||||||||||
December 1, 2020 | Common shares | 150,000 | — | 24,227 | 3,634,097,150 | |||||||||||||
December 2, 2020 | Common shares | 150,000 | — | 24,334 | 3,650,061,200 | |||||||||||||
December 3, 2020 | Common shares | 150,000 | — | 24,360 | 3,654,008,300 | |||||||||||||
December 4, 2020 | Common shares | 150,000 | — | 24,387 | 3,658,071,350 | |||||||||||||
December 7, 2020 | Common shares | 150,000 | — | 24,069 | 3,610,369,900 | |||||||||||||
December 8, 2020 | Common shares | 150,000 | — | 24,154 | 3,623,152,850 | |||||||||||||
December 9, 2020 | Common shares | 150,000 | — | 24,213 | 3,631,968,850 | |||||||||||||
December 10, 2020 | Common shares | 150,000 | — | 24,297 | 3,644,519,450 | |||||||||||||
December 11, 2020 | Common shares | 150,000 | — | 24,607 | 3,691,036,950 | |||||||||||||
December 14, 2020 | Common shares | 150,000 | — | 24,629 | 3,694,307,300 | |||||||||||||
December 15, 2020 | Common shares | 150,000 | — | 24,652 | 3,697,867,450 | |||||||||||||
December 16, 2020 | Common shares | 150,000 | — | 24,842 | 3,726,312,100 | |||||||||||||
December 17, 2020 | Common shares | 150,000 | — | 24,960 | 3,743,983,050 | |||||||||||||
December 18, 2020 | Common shares | 150,000 | — | 25,286 | 3,792,888,250 | |||||||||||||
December 21, 2020 | Common shares | 150,000 | — | 25,511 | 3,826,586,000 | |||||||||||||
December 22, 2020 | Common shares | 50,000 | — | 25,501 | 1,275,066,500 | |||||||||||||
December 23, 2020 | Common shares | 50,000 | — | 25,100 | 1,255,016,050 | |||||||||||||
December 24, 2020 | Common shares | 50,000 | — | 25,380 | 1,269,010,050 | |||||||||||||
December 28, 2020 | Common shares | 50,000 | — | 25,464 | 1,273,207,450 | |||||||||||||
December 29, 2020 | Common shares | 147,000 | — | 24,314 | 3,574,140,750 |
December 30, 2020 | Common shares | 150,000 | — | 23,962 | 3,594,276,450 | |||||||||||||
January 4, 2021 | Common shares | 150,000 | — | 23,843 | 3,576,468,900 | |||||||||||||
January 5, 2021 | Common shares | 150,000 | — | 23,719 | 3,557,827,350 | |||||||||||||
January 6, 2021 | Common shares | 150,000 | — | 23,983 | 3,597,385,050 | |||||||||||||
January 7, 2021 | Common shares | 150,000 | — | 24,477 | 3,671,599,250 | |||||||||||||
January 8, 2021 | Common shares | 150,000 | — | 24,525 | 3,678,728,050 | |||||||||||||
January 11, 2021 | Common shares | 150,000 | — | 23,882 | 3,582,258,500 | |||||||||||||
January 12, 2021 | Common shares | 200,000 | — | 24,020 | 4,803,904,600 | |||||||||||||
January 13, 2021 | Common shares | 150,000 | — | 24,154 | 3,623,025,900 | |||||||||||||
January 14, 2021 | Common shares | 96,586 | — | 24,052 | 2,323,104,400 | |||||||||||||
January 15, 2021 | Common shares | 150,000 | — | 24,189 | 3,628,386,700 | |||||||||||||
January 18, 2021 | Common shares | 150,000 | — | 23,827 | 3,574,099,800 | |||||||||||||
January 19, 2021 | Common shares | 150,000 | — | 23,737 | 3,560,542,700 | |||||||||||||
January 20, 2021 | Common shares | 150,000 | — | 23,730 | 3,559,499,750 | |||||||||||||
January 21, 2021 | Common shares | 150,000 | — | 24,026 | 3,603,964,300 | |||||||||||||
January 22, 2021 | Common shares | 150,000 | — | 23,783 | 3,567,488,850 | |||||||||||||
January 25, 2021 | Common shares | 150,000 | — | 24,653 | 3,697,981,400 | |||||||||||||
January 26, 2021 | Common shares | 150,000 | — | 24,279 | 3,641,822,900 | |||||||||||||
January 27, 2021 | Common shares | 150,000 | — | 24,201 | 3,630,086,700 | |||||||||||||
January 28, 2021 | Common shares | 150,000 | — | 23,730 | 3,559,546,450 | |||||||||||||
January 29, 2021 | Common shares | 150,000 | — | 23,948 | 3,592,126,650 | |||||||||||||
February 1, 2021 | Common shares | 150,000 | — | 24,092 | 3,613,787,750 | |||||||||||||
February 2, 2021 | Common shares | 150,000 | — | 24,307 | 3,646,001,850 | |||||||||||||
February 3, 2021 | Common shares | 150,000 | — | 24,234 | 3,635,113,000 | |||||||||||||
February 4, 2021 | Common shares | 150,000 | — | 24,160 | 3,624,034,900 | |||||||||||||
February 5, 2021 | Common shares | 150,000 | — | 24,032 | 3,604,813,450 | |||||||||||||
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Total | 8,593,586 | — | 24,137 | 207,419,222,300 | ||||||||||||||
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3. | The Company’s share ownership after acquiring issued shares through trust contract |
(As of February 7, 2021)
Type of share | Treasury shares held by the Company | Share repurchase by trust contract | ||||||||||||||
Number | Ratio | Number | Ratio | |||||||||||||
Common shares | 14,719,678 | 5.64 | % | 8,593,586 | 3.29 | % | ||||||||||
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Total | 14,719,678 | 5.64 | % | 8,593,586 | 3.29 | % | ||||||||||
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4. | Changes in shares held by the largest shareholder before and after share repurchase |
(As of February 7, 2021)
Name | Type of share | As of October 31, 2020 | As of January 31, 2021 | |||||||
National Pension Service | Common shares | 32,712,746 | 27,148,281 | |||||||
Common shares | 32,712,746 | 27,148,281 | ||||||||
Total | Other shares | — | — | |||||||
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Total | 32,712,746 | 27,148,281 | ||||||||
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5. | Other matters relating to protection of investors |
A. | Share repurchase agreement |
Date of contract | Contract period | Contract company | Contract amount | Notes | ||||
November 6, 2020 | From November 6, 2020 to November 5, 2021 | NH Investment & Securities Co., Ltd. | 300,000,000,000 | Subject of the report |
B. | Ratio of Acquisition under the share repurchase agreement |
(As of February 7, 2021)
Type of share | Number of shares acquired | Aggregate value (KRW) | Ratio of acquisition to trust contract amount | Contract company | ||||||||||
Common shares | 8,593,586 | 207,419,222,300 | 69.1 | % | NH Investment & Securities Co., Ltd. |