KT Genie Music's Special Related Party Acquires 10,000 Shares of KT Millie Seojae via Open Market Purchase; Holding Ratio Slightly Drops to 38.59%
Jeong Jae-wook, a special related party of KT Genie Music, acquired 10,000 shares of KT Millie Seojae (at 10,851 KRW per share, total 108.5 million KRW) through open market purchase on May 22, 2026, using his own funds (earned income).
Following this acquisition, the total shares held by KT Genie Music and its related parties increased to 3,305,310 shares. However, due to an increase in total outstanding shares (to 8,565,789 shares) from stock option exercises, the holding ratio slightly decreased from 38.77% to 38.59%.
The filer stated that there are no specific plans for management change, and as the largest shareholder, they will continue to make decisions aligned with the company's management objectives.
[AI Comprehensive Analysis]This is a routine disclosure of shareholding change with limited direct impact on enterprise value or shareholder value. The slight decrease in holding ratio is a technical outcome of increased outstanding shares and does not imply dilution of control or governance changes.