SCHEDULE: L1 Capital Discloses 18.8% Stake in Anteris Technologies Global Corp.

L1 Capital Pty Ltd has reported a 18.8% ownership stake in Anteris Technologies Global Corp., consisting of both common stock and CHESS Depository Instruments.

Summary

• L1 Capital Pty Ltd has filed a Schedule 13G, disclosing their ownership in Anteris Technologies Global Corp.
• The filing indicates L1 Capital beneficially owns 6,741,401 shares, representing 18.8% of the company's outstanding common stock.
• This ownership includes 2,812,000 shares acquired in the initial public offering and 3,929,401 CHESS Depository Instruments (CDIs) traded on the Australian Stock Exchange.
• The total outstanding shares of Anteris Technologies Global Corp. are 35,939,816, including 20,360,496 shares represented by CDIs.
• Mark Landau, a Director of L1 Capital Pty Ltd, may be deemed to beneficially own these securities, but he disclaims beneficial ownership for all other purposes.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing indicating a significant investment, which is generally positive. However, it doesn't provide any specific forward-looking statements or guidance.

Positives

• L1 Capital's significant stake indicates a strong investment in Anteris Technologies Global Corp.

Risks

• The document does not explicitly state any risks, but the concentration of ownership could potentially influence the company's direction.

Management Comments

• Mark Landau, Director of L1 Capital Pty Ltd, disclaims beneficial ownership of the securities for all other purposes, despite being deemed to beneficially own them.

Industry Context

This filing indicates a significant investment by a financial institution in a publicly traded company, which is a common occurrence in the financial markets. The use of CDIs also reflects the global nature of investment.

Comparison to Industry Standards

• A 18.8% stake is a substantial holding, often giving the investor significant influence over the company.
• Similar filings are common when institutional investors acquire more than 5% of a company's stock.
• The use of CDIs is a standard practice for international investors trading on the Australian Stock Exchange.

Stakeholder Impact

• The disclosure of a large stake by L1 Capital could positively influence investor confidence in Anteris Technologies Global Corp.

Key Dates

Keywords

Anteris Technologies, L1 Capital, Schedule 13G, Beneficial Ownership, CHESS Depository Instruments, CDIs, Shareholding, Investment