CGI Founder Serge Godin's Stake Dips to 11.6% as of Dec 31, 2023

TL;DR

**CGI founder Serge Godin now owns 11.6% of the company, down slightly.**

AI Summary

Serge Godin, the founder of CGI Inc., has updated his beneficial ownership of the company's Class A Subordinate Voting Shares. As of December 31, 2023, Godin beneficially owns 25,954,174 shares, representing 11.6% of the outstanding shares. This filing, an Amendment No. 25 to his Schedule 13G, indicates a slight decrease from his previous reported ownership, which matters to investors as it shows a long-term holder's evolving stake in the company.

Why It Matters

This filing shows that CGI Inc.'s founder, Serge Godin, continues to hold a significant, albeit slightly reduced, stake in the company, which can influence investor confidence and corporate governance.

Risk Assessment

Risk Level: low — This filing is a routine update of a significant shareholder's stake and does not indicate any immediate or substantial risk to the company or its investors.

Analyst Insight

Investors should note that a founder's continued significant ownership, even with minor adjustments, can signal long-term commitment to the company's success. This filing is a routine update and doesn't suggest immediate action, but rather provides context on a key stakeholder's position.

Key Numbers

• 25,954,174 — Shares Beneficially Owned (The total number of Class A Subordinate Voting Shares Serge Godin beneficially owns as of December 31, 2023.)
• 11.6% — Percentage of Class (The percentage of Class A Subordinate Voting Shares beneficially owned by Serge Godin, calculated from the filing.)
• December 31, 2023 — Date of Event (The date that required the filing of this statement, indicating the snapshot of ownership.)
• 25 — Amendment Number (This is the 25th amendment to Serge Godin's Schedule 13G filing for CGI Inc.)

Key Players & Entities

• Serge Godin (person) — Founder and reporting person for the SC 13G/A filing for CGI Inc.
• CGI INC. (company) — The issuer of the Class A Subordinate Voting Shares
• 07 Trade & Services (company) — Organization name associated with the subject company data
• Canada (company) — Citizenship or Place of Organization for Serge Godin
• Montreal (company) — Business and mail address city for CGI Inc.

Forward-Looking Statements

• Serge Godin will continue to be a significant long-term shareholder of CGI Inc. (Serge Godin) — high confidence, target: 2025-12-31

FAQ

Filing Documents

• d714547dsc13ga.htm (SC 13G/A) — 43KB
• 0001193125-24-007531.txt ( ) — 45KB

(a)

Item 1(a). Name of Issuer: CGI Inc.

(b)

Item 1(b). Address of Issuers Principal Executive Offices: 1350 René-Lévesque Blvd., 25 th Floor, Montréal, Quebec H3G 1T4

(a)

Item 2(a). Name of Person Filing: Serge Godin. The shares reported include shares owned by (a) Distinction Capital Inc., of which Mr. Godin is the controlling shareholder and sole director, (b) 9386-1474 Québec inc., of which Distinction Capital Inc. is the sole shareholder and Mr. Godin is the sole director, (c) 9406-1355 Québec inc., of which Distinction Capital Inc. is the sole shareholder and Mr. Godin is the sole director, (d) 9421-7262 Québec inc., of which Distinction Capital Inc. is the sole shareholder and Mr. Godin is the sole director, (e) 9426-9438 Québec inc., of which Distinction Capital Inc. is the sole shareholder and Mr. Godin is the sole director, (f) 9452-1176 Québec inc., of which Distinction Capital Inc. is the sole shareholder and Mr. Godin is the sole director, (g) 9477-1664 Québec inc., of which Distinction Capital Inc. is the sole shareholder and Mr. Godin is the sole director, and (h) 9502-5730 Québec inc., of which Distinction Capital Inc. is the sole shareholder and Mr. Godin is the sole director.

(b)

Item 2(b). Address of Principal Offices or, if None, Residence: c/o CGI Inc., 1350 René-Lévesque Blvd., 25 th Floor, Montréal, Quebec H3G 1T4

(c)

Item 2(c). Citizenship: Canada

(d)

Item 2(d). Title of Class of Securities: Class A Subordinate Voting Shares

(e)

Item 2(e). CUSIP Number: 12532H104 Item 3. If this statement is being filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the filing person is a: (a) Broker or dealer registered under Section 15 of the Exchange Act; (b) Bank as defined in Section 3(a)(6) of the Exchange Act; (c) Insurance company as defined in Section 3(a)(19) of the Exchange Act; (d) Investment company registered under Section 8 of the Investment Company Act; (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); - 3 - (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J) (k) Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: __________ Item 4. The holdings reported herein are stated as of December 31, 2023. Mr. Godin was the beneficial owner of more than 5% of the issuers Class A Subordinate Voting Shares upon the registration of such shares under the Securities Exchange Act of 1934, as amended, effective July 7, 1998. (a) Amount beneficially owned: Consists of 25,954,174 Class A Subordinate Voting Shares (including 25,545,706 Class A Subordinate Voting Shares issuable upon conversion of 25,545,706 of the issuers Class B Shares (multiple voting 10 votes per Class B share).* (b) Percent of class: 11.2% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 25,954,174* (ii) Shared power to vote or direct the vote: 0 (iii)

SIGNATURES

SIGNATURES 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: January 12, 2024 /s/ Serge Godin Serge Godin Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations ( See 18 U.S.C. 1001) - 6 -

View Full Filing

View this SC 13G/A filing on SEC EDGAR