Colonial House Capital Takes 9.9% Stake in GrafTech International
Ticker: EAF · Form: SC 13G · Filed: Feb 9, 2024 · CIK: 931148
| Field | Detail |
|---|---|
| Company | Graftech International LTD (EAF) |
| Form Type | SC 13G |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, stake-increase, SC-13G
TL;DR
**Colonial House Capital just revealed a 9.9% stake in GrafTech, signaling a big institutional bet.**
AI Summary
Colonial House Capital Ltd. has reported a significant stake in GrafTech International Ltd. (NYSE: EAF), holding a total of 25,000,272 shares of common stock as of January 17, 2024. This represents a 9.9% beneficial ownership of GrafTech, with Colonial House Capital exercising sole voting and dispositive power over 23,871,632 shares and shared power over 1,128,640 shares. This matters to investors because a large institutional holding can signal confidence in the company's future, potentially influencing stock price and future corporate actions.
Why It Matters
A substantial stake by an institutional investor like Colonial House Capital can be seen as a vote of confidence, potentially attracting other investors and influencing GrafTech's stock performance.
Risk Assessment
Risk Level: low — This filing indicates a significant institutional investment, which is generally a positive signal and does not inherently increase risk for current shareholders.
Analyst Insight
A smart investor would monitor GrafTech International Ltd. (EAF) for potential positive price movements and research Colonial House Capital Ltd.'s investment strategy to understand the rationale behind this significant stake.
Key Numbers
- 25,000,272 — Total Shares Owned (Represents the total number of GrafTech International Ltd. common shares beneficially owned by Colonial House Capital Ltd. as of January 17, 2024.)
- 9.9% — Beneficial Ownership Percentage (Indicates the percentage of GrafTech International Ltd.'s common stock that Colonial House Capital Ltd. beneficially owns.)
- 23,871,632 — Sole Voting Power Shares (The number of shares over which Colonial House Capital Ltd. has exclusive voting and dispositive control.)
- 1,128,640 — Shared Voting Power Shares (The number of shares over which Colonial House Capital Ltd. shares voting and dispositive control.)
Key Players & Entities
- Colonial House Capital Ltd. (company) — the reporting person acquiring shares
- GrafTech International Ltd. (company) — the subject company whose shares were acquired
- 25,000,272 (dollar_amount) — total shares beneficially owned by Colonial House Capital Ltd.
- 9.9% (dollar_amount) — percentage of GrafTech's common stock owned by Colonial House Capital Ltd.
- January 17, 2024 (person) — date of the event requiring the filing
- 23,871,632 (dollar_amount) — shares with sole voting and dispositive power
- 1,128,640 (dollar_amount) — shares with shared voting and dispositive power
Forward-Looking Statements
- GrafTech International Ltd.'s stock price may experience increased investor interest due to the significant institutional stake. (GrafTech International Ltd.) — medium confidence, target: Q2 2024
FAQ
What is the total number of GrafTech International Ltd. shares beneficially owned by Colonial House Capital Ltd. as reported in this filing?
Colonial House Capital Ltd. beneficially owns a total of 25,000,272 shares of GrafTech International Ltd. common stock, as stated in the filing.
What percentage of GrafTech International Ltd.'s common stock does Colonial House Capital Ltd. now own?
Colonial House Capital Ltd. now beneficially owns 9.9% of GrafTech International Ltd.'s common stock, according to the filing.
When was the event that triggered the requirement for Colonial House Capital Ltd. to file this SC 13G?
The event which required the filing of this statement occurred on January 17, 2024.
How many shares does Colonial House Capital Ltd. have sole voting and dispositive power over?
Colonial House Capital Ltd. has sole voting power and sole dispositive power over 23,871,632 shares of GrafTech International Ltd.
What is the CUSIP number for GrafTech International Ltd.'s common stock?
The CUSIP number for GrafTech International Ltd.'s common stock is 384313508, as listed in the filing.
Filing Stats: 1,064 words · 4 min read · ~4 pages · Grade level 11.9 · Accepted 2024-02-09 16:18:59
Key Financial Figures
- $0.01 — Ltd. (Name of Issuer) Common stock, $0.01 par value per share (Title of Class o
Filing Documents
- tm245784d1_sc13g.htm (SC 13G) — 49KB
- tm245784d1_ex99-1.htm (EX-99.1) — 5KB
- 0001104659-24-012980.txt ( ) — 56KB
(a)
Item 1(a). Name of Issuer GrafTech International Ltd.
(b). Address of Issuer’s Principal Executive Offices
Item 1(b). Address of Issuer’s Principal Executive Offices 982 Keynote Circle Brooklyn Heights, OH 44131
(a). Name of Person Filing
Item 2(a). Name of Person Filing Colonial House Capital Limited WJS Investments Limited
(b). Address of Principal Business Office or, if none, Residence
Item 2(b). Address of Principal Business Office or, if none, Residence The principal business address of each of the reporting persons is as follows: 17 Prince Arthur Avenue, 2 nd Floor Toronto, ON M5R 1B2, Canada
(c). Citizenship
Item 2(c). Citizenship Each of the reporting persons is incorporated under the laws of Ontario, Canada.
(d). Title of Class of Securities
Item 2(d). Title of Class of Securities Common stock, $0.01 par value per share
(e). CUSIP Number
Item 2(e). CUSIP Number 384313508
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a : Not applicable. Item 4. (a) Amount Beneficially Owned: See Row 9 of the cover pages. (b) Percent of Class: See Row 11 of the cover pages. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: See Row 5 of the cover pages. (ii) shared power to vote or to direct the vote: See Row 6 of the cover pages. (iii) sole power to dispose or to direct the disposition of: See Row 7 of the cover pages. (iv) shared power to dispose or to direct the disposition of: See Row 8 of the cover pages. Item 5. of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following . Item 6. of More than Five Percent on Behalf of Another Person Not applicable.
Identification
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certifications By sign ing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a–11. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 9, 2024 COLONIAL HOUSE CAPITAL LIMITED By: /s/ Walter Schroeder Name: Walter Schroeder Title: Chairman WJS INVESTMENTS LIMITED By: /s/ Walter Schroeder Name: Walter Schroeder Title: President & Secretary