Paradice Investment Management Exits Luxfer Holdings Stake

TL;DR

**Paradice Investment Management just dumped all its Luxfer Holdings shares.**

AI Summary

Paradice Investment Management LLC, a Delaware-based investment firm, filed an amended SC 13G/A on February 7, 2024, indicating a significant change in their holdings of Luxfer Holdings PLC ordinary shares. As of December 31, 2023, Paradice reported having 0 sole voting power, 0 shared voting power, 0 sole dispositive power, and 0 shared dispositive power over Luxfer's shares. This filing, Amendment No. 9, suggests that Paradice Investment Management LLC has completely divested its stake in Luxfer Holdings PLC, which could signal a lack of confidence in the company's future prospects to current or potential investors.

Why It Matters

This filing indicates a major institutional investor, Paradice Investment Management LLC, has sold off its entire position in Luxfer Holdings PLC, which could be interpreted negatively by the market and potentially lead to downward pressure on the stock price.

Risk Assessment

Risk Level: medium — The complete divestment by an institutional investor could signal underlying concerns about the company's performance or outlook, posing a medium risk to current shareholders.

Analyst Insight

A smart investor would closely monitor Luxfer Holdings PLC's stock performance and any subsequent news or filings, as the complete divestment by an institutional investor like Paradice Investment Management LLC could signal underlying issues or a lack of confidence in the company's future.

Key Numbers

• 0 — Sole Voting Power (Paradice Investment Management LLC's sole voting power over Luxfer Holdings PLC shares as of December 31, 2023)
• 0 — Shared Voting Power (Paradice Investment Management LLC's shared voting power over Luxfer Holdings PLC shares as of December 31, 2023)
• 0 — Sole Dispositive Power (Paradice Investment Management LLC's sole dispositive power over Luxfer Holdings PLC shares as of December 31, 2023)
• 0 — Shared Dispositive Power (Paradice Investment Management LLC's shared dispositive power over Luxfer Holdings PLC shares as of December 31, 2023)

Key Players & Entities

• Paradice Investment Management LLC (company) — the reporting person that filed the SC 13G/A
• Luxfer Holdings PLC (company) — the issuer whose shares are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 7, 2024 (date) — the filing date of the SC 13G/A
• Delaware (company) — place of organization for Paradice Investment Management LLC

Forward-Looking Statements

• Luxfer Holdings PLC's stock price may experience downward pressure in the short term. (Luxfer Holdings PLC) — medium confidence, target: 3 months
• Other institutional investors might re-evaluate their positions in Luxfer Holdings PLC. (Luxfer Holdings PLC) — low confidence, target: 6 months

FAQ

Filing Documents

• paradice-lxfr123123a9.htm (SC 13G/A) — 76KB
• 0001172661-24-000526.txt ( ) — 78KB

(a)Name of Issuer

Item 1. (a)Name of Issuer Luxfer Holdings PLC (b)Address of Issuer’s Principal Executive Offices 8989 North Port Washington Road, Suite 211 Milwaukee, WI 53217

(a)Name of Person Filing

Item 2. (a)Name of Person Filing Paradice Investment Management LLC Paradice Investment Management Pty Ltd (b)Address of Principal Business Office, or, if none, Residence Paradice Investment Management LLC 250 Fillmore St, Suite 425 Denver, Colorado 80206 Paradice Investment Management Pty Ltd Level 27 The Chifley Tower 2 Chifley Square Sydney NSW 2000 Australia (c)Citizenship Paradice Investment Management LLC - Delaware Paradice Investment Management Pty Ltd - Australia (d)Title of Class of Securities Ordinary Shares, nominal value £0.50 each (the “Ordinary Shares”) (e) CUSIP No.: G5698W116 CUSIP No. G5698W116 SCHEDULE 13G/A Page 5 of 8 Pages

If

Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: CUSIP No. G5698W116 SCHEDULE 13G/A Page 6 of 8 Pages Item 4.Ownership The information as of the filing date required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. Item 5.Ownership 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 five percent of the class of securities, check the following [X]. Item 6.Ownership of More Than Five Percent on Behalf of Another Person Not Applicable. Item 7. Identification and Classification of the Subsidiary which Ac

View Full Filing

View this SC 13G/A filing on SEC EDGAR