SCHEDULE: FIL Limited Reports 6.6% Stake in CGI Inc.

FIL Limited, along with its affiliates Pandanus Partners, L.P. and Pandanus Associates, Inc., has reported beneficial ownership of 12,369,259 shares, representing 6.6% of CGI Inc.'s Class A subordinate voting shares as of June 30, 2026.

Summary

• FIL Limited and its affiliated entities, Pandanus Partners, L.P. and Pandanus Associates, Inc., have filed a Schedule 13G.
• The filing indicates beneficial ownership of 12,369,259 shares of CGI Inc.'s Class A subordinate voting shares.
• This ownership stake represents 6.6% of the total outstanding Class A subordinate voting shares.
• The reporting date for this ownership is June 30, 2026.
• FIL Limited is organized in Bermuda, while Pandanus Partners, L.P. and Pandanus Associates, Inc. are organized in Delaware.
• The filing clarifies that while Pandanus Partners, L.P. owns FIL Limited voting stock, no individual family member is considered a beneficial owner of the reported CGI Inc. securities.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting a change in beneficial ownership percentage without indicating new strategic actions or significant financial performance changes.

Positives

• FIL Limited and its affiliates maintain a significant, though passive, ownership stake in CGI Inc., indicating continued confidence or investment strategy.
• The reporting is transparent and adheres to regulatory requirements, providing clarity on ownership structure.

Negatives

• The filing does not provide any new financial performance data or strategic insights into CGI Inc.'s operations.
• The ownership percentage (6.6%) does not represent a controlling stake, limiting immediate influence on company direction.

Risks

• Market volatility could impact the value of the 12,369,259 shares held by FIL Limited and its affiliates.
• Changes in CGI Inc.'s business performance or strategic direction could affect the value of the investment.
• Regulatory changes impacting beneficial ownership reporting could necessitate further filings or adjustments.

Future Outlook

This filing is a snapshot of beneficial ownership as of June 30, 2026, and does not contain forward-looking statements or guidance regarding CGI Inc.'s future performance or the reporting persons' future investment strategy.

Management Comments

• FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. are filing this Schedule 13G to report their beneficial ownership.
• The filing asserts that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of CGI Inc.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine for institutional investors and investment firms exceeding a 5% beneficial ownership threshold in publicly traded companies. This filing by FIL Limited and its affiliates is consistent with standard disclosure practices for significant passive holdings in the technology services sector.

Comparison to Industry Standards

• The 6.6% ownership stake is a common threshold for institutional investors to report under Schedule 13G, indicating a significant but typically non-controlling position.
• FIL Limited's classification as 'FI' (likely Financial Institution) and Pandanus Partners, L.P. as 'PN' (likely Private Non-Investment Company) and Pandanus Associates, Inc. as 'CO' (likely Company) are standard classifications for entities engaged in investment activities.
• The joint filing by multiple related entities is a standard practice to aggregate beneficial ownership under SEC rules.

Related Party Transactions

• Pandanus Partners, L.P. owns shares of FIL Limited voting stock.
• Pandanus Associates, Inc. acts as the general partner of Pandanus Partners, L.P.
• Pandanus Partners, L.P. is owned by trusts for the benefit of members of the Johnson family, including Abigail P. Johnson, but these members disclaim beneficial ownership of the reported securities.

Stakeholder Impact

• Shareholders of CGI Inc. are provided with transparency regarding significant beneficial ownership.
• The filing confirms a stable, albeit passive, institutional investor presence.
• Creditors and suppliers of CGI Inc. are not directly impacted by this ownership disclosure.

Next Steps

• FIL Limited and its affiliates will continue to hold their shares in CGI Inc. in accordance with their investment strategies.
• Any future changes in beneficial ownership exceeding reporting thresholds will require new filings.
• CGI Inc. will continue its operations and financial reporting as usual.

Key Dates

Keywords

CGI Inc., FIL Limited, Schedule 13G, Beneficial Ownership, Class A Subordinate Voting Shares, Investment Holding, Shareholder Disclosure