Exor N.V. Updates Philips Stake Filing
Ticker: RYLPF · Form: SC 13D/A · Filed: May 16, 2024 · CIK: 313216
Sentiment: neutral
Topics: shareholder-activity, amendment, filing-update
Related Tickers: PHIA
TL;DR
Exor N.V. just updated its filing on Philips. Watch this space.
AI Summary
Exor N.V. has amended its Schedule 13D filing regarding Koninklijke Philips NV, indicating a change in its beneficial ownership. The filing, dated May 16, 2024, does not specify a new dollar amount or percentage of shares held, but signifies an update to Exor's stake in Philips.
Why It Matters
This filing update from Exor N.V. signals a potential shift in significant shareholder activity for Koninklijke Philips NV, which could influence market perception and stock movement.
Risk Assessment
Risk Level: medium — Changes in major shareholder filings can indicate strategic shifts or increased/decreased conviction, impacting the stock's volatility.
Key Players & Entities
- Exor N.V. (company) — Filing entity
- Koninklijke Philips NV (company) — Subject company
- Giovanni Agnelli B.V. (company) — Group member
- Exor S.p.A. (company) — Former company name for Exor N.V.
FAQ
What specific changes were made in Exor N.V.'s beneficial ownership of Koninklijke Philips NV in this amendment?
The filing is an amendment (No. 1) to Schedule 13D, indicating a change in beneficial ownership, but the specific details of the change (e.g., new share count or percentage) are not explicitly stated in the provided header information.
What is the filing date of this SC 13D/A amendment?
The filing date is May 16, 2024.
Who is the subject company in this filing?
The subject company is Koninklijke Philips NV.
Who is the entity filing the amendment?
The entity filing the amendment is Exor N.V.
What was the former name of Exor N.V. prior to its name change on October 11, 2013?
The former name of Exor N.V. was Exor S.p.A.
Filing Stats: 2,192 words · 9 min read · ~7 pages · Grade level 9.9 · Accepted 2024-05-16 17:52:57
Filing Documents
- d841370dsc13da.htm (SC 13D/A) — 85KB
- d841370dex991.htm (EX-99.1) — 5KB
- 0001193125-24-140761.txt ( ) — 92KB
of the Original Schedule 13D is hereby amended and supplemented with the following information
Item 5 of the Original Schedule 13D is hereby amended and supplemented with the following information: (a) Rows (11) and (13) of the cover pages to this Amendment No. 1 are incorporated by reference herein. (b) Rows (7) through (10) of the cover pages to this Amendment No.1 are hereby incorporated by reference. (c) The information set forth in Items 3 of this Amendment No. 1 is incorporated by reference herein. The transactions in the class of securities reported on this Amendment that were effected during the past 60 days by or on behalf of the Reporting Persons are set forth in Schedule B. Other than those transactions, there were no other such transactions by the Reporting Persons that were effected during the past 60 days. (d) Neither the Reporting Persons nor, to the knowledge of the Reporting Persons, any of the persons listed on Schedule A, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the securities indicated in this Item 5. (e) Not Applicable Item7. Material to be Filed as Exhibits. Exhibit Number Description of Exhibits 99.1 Joint Filing Agreement (filed herewith) Page 4 of 9 CUSIP No. 000000000 SIGNATURE After reasonable inquiry and to the best of the undersigneds knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: May 16, 2024 Giovanni Agnelli B.V. By: /s/ Guido De Boer Name: Guido De Boer Title: Authorized Signatory Exor N.V. By: /s/ Guido De Boer Name: Guido De Boer Title: Authorized Signatory Page 5 of 9 SCHEDULE A Giovanni Agnelli B.V. (G.A.) Set forth below are the names, business address, present principal occupation or employment of each board member of G.A. Unless otherwise indicated, the business address of each person listed below is c/o Giovanni Agnelli B.V., Gustav Mahlerplein 25, 1082 MS Amsterdam, The Netherlands. Nam