SCHEDULE 13G/A: Lindsell Train Affirms 10.5% Stake in Manchester United PLC

Lindsell Train Limited and its principals have filed an updated Schedule 13G, confirming their beneficial ownership of 10.5% of Manchester United PLC's Class A ordinary shares as of December 31, 2024.

Summary

• Lindsell Train Limited, an investment adviser, along with its principals Mr. Michael James Lindsell and Mr. Nicholas John Train, collectively referred to as the Reporting Persons, have filed an Amendment No. 12 to their Schedule 13G.
• As of December 31, 2024, the Reporting Persons beneficially own 5,776,015 Class A ordinary shares of Manchester United PLC.
• This ownership represents approximately 10.5% of the total outstanding Class A ordinary shares of Manchester United PLC, based on 55,016,448 shares outstanding.
• The shares are held by several separately managed accounts over which Lindsell Train Limited has investment discretion and shared voting and dispositive power.
• The Reporting Persons disclaim beneficial ownership of the shares except to the extent of any pecuniary interest.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual, compliance-driven disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

The document is a beneficial ownership disclosure and does not contain any forward-looking statements or guidance regarding Manchester United PLC's future performance or strategy.

Industry Context

This filing is a routine disclosure of a significant institutional holding in a publicly traded sports entity. It reflects continued investment interest from a UK-based asset manager in a global football brand, aligning with broader trends of institutional investment in sports and entertainment assets.

Stakeholder Impact

• For shareholders, this filing confirms that a significant institutional investor, Lindsell Train Limited, continues to hold a substantial 10.5% stake in Manchester United PLC, potentially signaling ongoing confidence in the company's long-term value.

Key Dates

Keywords

Manchester United PLC, Lindsell Train Limited, SEC filing, Schedule 13G, beneficial ownership, Class A ordinary shares, institutional investor, football club, sports investment