Green Equity Investors VI Amends Signet Jewelers Stake

Ticker: SIG · Form: SC 13D/A · Filed: May 22, 2024 · CIK: 832988

Sentiment: neutral

Topics: ownership-change, sec-filing, activist-investor

Related Tickers: SIG

TL;DR

Green Equity Investors VI updated their Signet Jewelers (SIG) filing on 5/22. Ownership details TBD.

AI Summary

Green Equity Investors VI, L.P. and its affiliates, including Leonard Green & Partners, L.P., have filed an amendment to their Schedule 13D on May 22, 2024, regarding their beneficial ownership of Signet Jewelers Ltd. The filing indicates a change in their holdings, though specific new dollar amounts or percentages are not detailed in this excerpt. The group has been a significant holder of Signet Jewelers stock.

Why It Matters

This filing signals potential shifts in the ownership structure of Signet Jewelers, which could influence the company's strategic direction or market perception.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate strategic moves by large investors, potentially impacting stock price and company strategy.

Key Players & Entities

FAQ

What specific changes were made to Green Equity Investors VI's beneficial ownership of Signet Jewelers Ltd. in this filing?

The provided excerpt of the SC 13D/A filing does not specify the exact changes in beneficial ownership, only that an amendment was filed on May 22, 2024.

When was this amendment to the Schedule 13D filed?

The amendment was filed on May 22, 2024.

What is the primary business of Signet Jewelers Ltd?

Signet Jewelers Ltd. operates in the RETAIL-JEWELRY STORES sector, SIC code [5944].

Which entities are listed as group members in this filing?

The group members include GEI CAPITAL VI, LLC, GREEN EQUITY INVESTORS SIDE VI, L.P., GREEN VI HOLDINGS, LLC, JONATHAN A. SEIFFER, LEONARD GREEN & PARTNERS, L.P., LGP ASSOCIATES VI-A LLC, LGP ASSOCIATES VI-B LLC, LGP MANAGEMENT, INC., and PERIDOT COINVEST MANAGER LLC.

What is the business address of Signet Jewelers Ltd. according to the filing?

The business address of Signet Jewelers Ltd. is Clarendon House, 2 Church Street, Hamilton, HM11, Bermuda.

Filing Stats: 3,367 words · 13 min read · ~11 pages · Grade level 11 · Accepted 2024-05-22 18:18:57

Key Financial Figures

Filing Documents

From the Filing

SC 13D/A 1 d842365dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 5)* Signet Jewelers Limited (Name of Issuer) Common Shares, $0.18 par value per share (Title of Class of Securities) G81276100 (CUSIP Number) Jennifer Bellah Maguire Gibson, Dunn & Crutcher LLP 333 South Grand Avenue Los Angeles, California 90071-3197 (213) 229-7986 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 20, 2024 (Date of Event Which Requires Filing of Statement on Schedule 13D) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), checking the following box. * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. G81276100 Schedule 13D Page 2 of 15 Pages (1) Name of Reporting Persons: Green Equity Investors VI, L.P. (2) Check the Appropriate Box if a Member of a Group (See Instructions): (a)(b) (3) SEC Use Only: (4) Source of Funds (See Instructions): WC (5) Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): (6) Citizenship or Place of Organization: Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (7) Sole Voting Power 0 (8) Shared Voting Power 560,390 Common Shares* (9) Sole Dispositive Power 0 (10) Shared Dispositive Power 560,390 Common Shares* (11) Aggregate Amount Beneficially Owned by Each Reporting Person: 560,390 Common Shares* (12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): (13) Percent of Class Represented by Amount in Row (11): 1.3% (14) Type of Reporting Person (See Instructions): PN * Includes 522,981 Common Shares issuable upon conversion of 212,500 shares of the Issuers Series A Convertible Preference Shares, 23,046 Common Shares owned by Jonathan Seiffer and held for the benefit of Leonard Green & Partners, L.P., and 14,363 Common Shares owned by Jonathan Sokoloff, a partner of Leonard Green & Partners, L.P., and held for the benefit of Leonard Green & Partners, L.P. CUSIP No. G81276100 Schedule 13D Page 3 of 15 Pages (1) Name of Reporting Persons: Green Equity Investors Side VI, L.P. (2) Check the Appropriate Box if a Member of a Group (See Instructions): (a)(b) (3) SEC Use Only: (4) Source of Funds (See Instructions): WC (5) Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): (6) Citizenship or Place of Organization: Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (7) Sole Voting Power 0 (8) Shared Voting Power 560,390 Common Shares* (9) Sole Dispositive Power 0 (10) Shared Dispositive Power 560,390 Common Shares* (11) Aggregate Amount Beneficially Owned by Each Reporting Person: 560,390 Common Shares* (12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions): (13) Percent of Class Represented by Amount in Row (11): 1.3% (14) Type of Reporting Person (See Instructions): PN * Includes 522,981 Common Shares issuable upon conversion of 212,500 shares of the Issuers Series A Convertible Preference Shares, 23,046 Common Shares owned by Jonathan Seiffer and held for the benefit of Leonard Green & Partners, L.P., and 14,363 Common Shares owned by Jonathan Sokoloff, a partner of Leonard Green & Partners, L.P., and held for the benefit of Leonard Green & Partners, L.P. CUSIP No. G81276100 Schedule 13D Page 4 of 15 Pages (1) Name of Reporting Persons: LGP Associates VI-A LLC (2) Check the Appropriate Box if a Member of a Group (See Instructions): (a)(b) (3) SEC Use Only: (4) Source of Funds (See Instructions): WC (5) Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): (6) Citizenship or Place of Organization: Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: (7) Sole Voting Power 0 (8) Shared Voting Power 560,390 Common Shares* (9) Sole Dispositive Power 0 (10) Shared Dispositive Power 560,390 Common Shares* (11) Aggregate Amount Beneficially Owned

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