0001193125-18-150303.txt : 20180503 0001193125-18-150303.hdr.sgml : 20180503 20180503125655 ACCESSION NUMBER: 0001193125-18-150303 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180503 FILED AS OF DATE: 20180503 DATE AS OF CHANGE: 20180503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KT CORP CENTRAL INDEX KEY: 0000892450 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14926 FILM NUMBER: 18802798 BUSINESS ADDRESS: STREET 1: 206 JUNGJA DONG, BUNDANG GU, STREET 2: SUNGNAM, KYUNGGI DO, 463-711, CITY: KOREA M5 STATE: M5 ZIP: 463-711 BUSINESS PHONE: 82-31-727-0114 MAIL ADDRESS: STREET 1: KT GWANGHWAMUN BUILDING EAST, STREET 2: 33 JONGNO-3-GIL, JONGNO-GU, CITY: SEOUL, 110-130, KOREA M5 STATE: M5 ZIP: 110-130 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM CORP DATE OF NAME CHANGE: 19971006 FORMER COMPANY: FORMER CONFORMED NAME: KOREA TELECOM DATE OF NAME CHANGE: 19950130 6-K 1 d582868d6k.htm FORM 6-K Form 6-K

 

 

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 May 2018

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: May 3, 2018
KT Corporation
By:  

/s/ Seunghoon Chi

Name: Seunghoon Chi
Title: Vice President
By:  

/s/ Youngkyoon Yun

Name: Youngkyoon Yun
Title: Director

Decision to Dispose Treasury Shares

 

1. Number of shares to be disposed    Common Shares    3,192
   Other Shares    —  
2. Price of shares to be disposed (KRW)    Common Shares    27,350
   Other Shares    —  
3. Amount of disposal (KRW)    Common Shares    87,301,200
   Other Shares    —  
4. Period of disposal    Start Date    May 4, 2018
   Close Date    June 3, 2018
5. Reason for disposal    Disposal of treasury shares in order to provide stock grant compensation of outside Directors for FY2017
6. Method of disposal    Disposal through market    —  
   After-hours trading    —  
   Over the counter trading    3,192
   Others    —  
7. Treasury Shares before the disposal    Acquired within Profit available for dividends    Common Shares    16,014,753    Ratio (%)    6.13
      Other Shares    —      Ratio (%)    —  
   Others    Common Shares    —      Ratio (%)    —  
      Other Shares    —      Ratio (%)    —  
8. Date of decision for disposal    May 3, 2018

- Attendance of Outside Directors    Present    8
   Absent    0
- Attendance of Auditors (Auditors who are not Outside Directors)    —  
9. Additional Information to Consider in Making an Investment Decision   

- The above amount of disposal has been prepared based on the closing price of KT stocks on May 2, 2018, and is subject to change depending on the closing price of the actual disposal date.

 

- The 3,192 shares provided to Outside Directors will be mandatorily deposited for one year from May 3, 2018, the date of Board of Directors’ resolution.

 

- Due to the over the counter trading, it does not go through a broker.

 

- All member of the Audit Committee are non-outside directors

[Treasury Shares prior to the Decision for Disposal]

(Unit : Share)

 

Method of Acquisition    Types of Shares    Beginning of
the period		    Changes    End of the
period
                     Acquisition(+)    Disposal(-)    Cancellation(-)      
Acquired within Profit available for dividends   Direct Acquisition   Acquisition through market    Common Shares    —      —      —      —      —  
       Other Shares    —      —      —      —      —  
    Over the counter trading    Common Shares    16,014,753    —      —      —      16,014,753
       Other Shares    —      —      —      —      —  
    Public Offering    Common Shares    —      —      —      —      —  
       Other Shares    —      —      —      —      —  

Method of Acquisition    Types of Shares    Beginning of
the period		    Changes    End of the
period
                      Acquisition(+)    Disposal(-)    Cancellation(-)      
      Sub-total(a)    Common Shares    16,014,753    —      —      —      16,014,753
           Other Shares    —      —      —      —      —  
    Acquisition through Trust   Held by the Trustee    Common Shares    —      —      —      —      —  
         Other Shares    —      —      —      —      —  
      Held in possession    Common Shares    —      —      —      —      —  
         Other Shares    —      —      —      —      —  
      Sub-total(b)    Common Shares    —      —      —      —      —  
         Other Shares    —      —      —      —      —  
    Others(c)        Common Shares    —      —      —      —      —  
       Other Shares    —      —      —      —      —  
    Total (a+b+c)        Common Shares    16,014,753    —      —      —      16,014,753
       Other Shares    —      —      —      —      —