SCHEDULE: BlackRock Discloses 12.7% Stake in LivaNova PLC
Beneficial Ownership Report
BlackRock, Inc. has filed an amended Schedule 13G, revealing a 12.7% beneficial ownership stake in LivaNova PLC's common stock.
Summary
- BlackRock, Inc. reported beneficial ownership of 6,922,335 shares of LivaNova PLC's common stock.
- This ownership represents 12.7% of the class of securities.
- BlackRock holds sole voting power over 6,734,558 shares and sole dispositive power over 6,922,335 shares.
- The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of LivaNova PLC.
- BlackRock, Inc. is classified as a Parent Holding Company and Control Person.
- BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., beneficially owns 5% or greater of the outstanding shares of LivaNova PLC.
Sentiment
Score: 5
Explanation: Neutral filing, reporting beneficial ownership as required by regulations.
Positives
- This Schedule 13G filing is a disclosure of beneficial ownership and does not contain information typically categorized as 'positives' regarding the issuer's performance or operations.
Negatives
- This Schedule 13G filing is a disclosure of beneficial ownership and does not contain information typically categorized as 'negatives' regarding the issuer's performance or operations.
Risks
- This Schedule 13G filing is a disclosure of beneficial ownership and does not detail specific risks related to the issuer's business or operations.
Future Outlook
This Schedule 13G filing is a disclosure of beneficial ownership and does not provide forward-looking statements or guidance from the issuer.
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."
Industry Context
This filing indicates a significant passive investment by a major institutional asset manager, BlackRock, in LivaNova PLC. Schedule 13G filings are routine disclosures by large investors who hold more than 5% of a company's stock but do not intend to influence or change control of the company. This type of filing provides transparency regarding significant institutional ownership within the medical technology or healthcare industry.
Comparison to Industry Standards
- This Schedule 13G filing is a disclosure of beneficial ownership and does not provide performance data for comparison to industry standards.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- This Schedule 13G filing is a disclosure of beneficial ownership and does not mention any legal or regulatory proceedings involving the issuer.
Related Party Transactions
- This Schedule 13G filing is a disclosure of beneficial ownership and does not disclose related party transactions involving the issuer.
Stakeholder Impact
- This Schedule 13G filing primarily impacts shareholders by disclosing a significant institutional ownership stake, which can be interpreted as a vote of confidence from a major asset manager like BlackRock. It does not detail specific impacts on employees, customers, suppliers, or creditors.
Next Steps
- This Schedule 13G filing is a disclosure of beneficial ownership and does not outline future actions, events, or milestones for the issuer.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney date, which was revoked. |
| 2025-01-21 | Date of the new Power of Attorney. |
| 2025-06-30 | Date of event which requires filing of this statement. |
| 2025-07-18 | Signature date of the Schedule 13G filing. |
Keywords
BlackRock, LivaNova PLC, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management
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