Rothschild Amends PrimeEnergy Stake Filing

TL;DR

Rothschild/Amrace filed an amendment on PrimeEnergy (PRIME) - ownership change incoming.

AI Summary

Robert de Rothschild and Amrace Inc. filed an amendment (No. 9) to their Schedule 13D on March 19, 2024, regarding PrimeEnergy Resources Corporation. The filing indicates a change in beneficial ownership as of March 12, 2024. The specific details of the ownership change, including exact share counts and percentages, are not fully detailed in this excerpt but are the subject of the amendment.

Why It Matters

This filing signals a potential shift in control or significant investment activity concerning PrimeEnergy Resources Corporation, which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D often indicate significant changes in a major shareholder's position, which can lead to increased volatility.

Key Numbers

• March 12, 2024 — Date of Event (Trigger for the filing amendment)
• March 19, 2024 — Filing Date (Date the amendment was submitted)

Key Players & Entities

• Robert de Rothschild (person) — Filing party
• Amrace Inc. (company) — Filing party
• PrimeEnergy Resources Corporation (company) — Subject company

FAQ

Key Financial Figures

• $0.10 — of Class of Securities: Common Stock, $0.10 par value (the "Shares") (b) Name of
• $92.00 — resale transaction with the Issuer, at $92.00 per share, for total proceeds of $1,633
• $1,633,000 — $92.00 per share, for total proceeds of $1,633,000 and $23,000, respectively. Item 5. Int
• $23,000 — e, for total proceeds of $1,633,000 and $23,000, respectively. Item 5. Interests in Se

Filing Documents

• sch13d.htm (SC 13D/A) — 44KB
• image0.jpg (GRAPHIC) — 3KB
• 0000912282-24-000287.txt ( ) — 50KB

. Source and Amount of Funds or Other Consideration

Item 3 . Source and Amount of Funds or Other Consideration WC – Amrace Inc. PF – Robert de Rothschild

Purpose of Transaction

Item 4. Purpose of Transaction On March 12, 2024, Amrace sold 17,750 Shares and Robert de Rothschild sold 250 Shares, in a private resale transaction with the Issuer, at $92.00 per share, for total proceeds of $1,633,000 and $23,000, respectively.

Interests in Securities of the Issuer

Item 5. Interests in Securities of the Issuer: As of March 12, 2024, the Reporting Person and Amrace hold the following Shares: (g) Number of shares as to which the Reporting Person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 295,768 (iii) Sole power to dispose or direct the disposition: 0 (iv) Shared power to dispose or direct the disposition: 295,768 (v) Aggregate amount of shares beneficially owned: 295,768 (vi) Percent of class represented in Item (v) above: 16.2%

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer The Reporting Person and Amrace entered into a verbal agreement with the Issuer to sell a total of 18,000 Shares to the Issuer at $92.00 per share on March 12, 2024

Materials to be Filed as Exhibits

Item 7. Materials to be Filed as Exhibits Not applicable 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: March 15, 2024 /s/ Robert de Rothschild Robert de Rothschild AMRACE INC. By: /s/ Robert de Rothschild Robert de Rothschild President

View Full Filing

View this SC 13D/A filing on SEC EDGAR