[Alphabiz=(Chicago) Reporter Kim Jisun] KT's stake in the National Pension Service, KT's largest shareholder, fell below the 10% range again.

KT announced on the 13th that the National Pension Service's stake was 9.95% as of the 11th. The figure is down 0.08 percentage points (p) from the previous 10.03 percent. The number of shares held is 25,974,822.

Recently, the National Pension Service's stake in KT has fluctuated frequently. Buying and selling were repeated from 10.12% on December 30 last year to 9.99% on the 2nd and 10.03% on the 10th.

In particular, the industry made various interpretations over the National Pension Service's broken 10% stake in KT after the National Pension Service publicly expressed opposition to KT's second term as CEO Koo Hyun-mo.

On the 28th of last month, the National Pension Service publicly opposed Koo's second term. They say the decision on the representative candidate does not meet the basic principle of the candidate race that the decision should be made in a transparent and fair process.

However, the voting rights of KT's shareholders' meeting reflect a 10.12% stake as of December 31 last year, the closing date of the shareholder list. As a result, experts say that changes in equity ratios are not significant since then.

The National Pension Service plans to actively exercise its voting rights in the appointment of the CEO at the KT shareholders' meeting in March.

 

 

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