SCHEDULE 13G/A: Apollo Affiliates Disclose 8.0% Stake in Gannett Co., Inc.
Beneficial Ownership Disclosure
Multiple Apollo Management affiliates have filed an amended Schedule 13G, revealing a collective beneficial ownership of 8.0% of Gannett Co., Inc.'s common stock as of March 31, 2025.
Summary
- Apollo Management Holdings GP, LLC and its affiliated entities, collectively referred to as 'Reporting Persons,' have filed an Amendment No. 4 to Schedule 13G regarding their beneficial ownership in Gannett Co., Inc.
- As of March 31, 2025, the Reporting Persons collectively beneficially own 11,653,303 shares of Gannett Co., Inc. Common Stock.
- This aggregate ownership represents 8.0% of Gannett's outstanding Common Stock.
- The percentage is based on 146,435,731 shares of Common Stock outstanding as of April 8, 2025, as disclosed in Gannett's definitive proxy statement filed on April 18, 2025.
- The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of Gannett, except for activities solely related to a nomination under Rule 14a-11.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, carrying a neutral sentiment. It does not contain positive or negative financial or operational news.
Future Outlook
This document does not provide any forward-looking statements or guidance regarding Gannett Co., Inc.'s future performance or operations.
Industry Context
This filing indicates a significant passive investment by Apollo affiliates in Gannett, a major player in the U.S. media industry. Such disclosures are routine for large institutional investors and do not inherently suggest a change in industry trends or competitive landscape, beyond signaling investor interest in the sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 04/08/2025 | Date on which 146,435,731 shares of Common Stock were outstanding, used for percentage calculation. |
| 04/18/2025 | Date of Issuer's definitive proxy statement filing, disclosing shares outstanding. |
| 05/15/2025 | Date of filing of this Schedule 13G Amendment No. 4. |
Keywords
Gannett Co. Inc., Apollo Management, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Investment, Shareholding, Media Company
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.