SCHEDULE: Aktiv Investment Management Discloses 15.7% Stake in Montauk Renewables

Aktiv Investment Management (Pty) Ltd has disclosed a 15.7% beneficial ownership stake in Montauk Renewables, Inc., primarily for investment purposes.

Summary

• Aktiv Investment Management (Pty) Ltd, a South African investment manager, has filed a Schedule 13D disclosing beneficial ownership of 22,297,688 shares of Montauk Renewables, Inc. common stock.
• This stake represents approximately 15.7% of Montauk Renewables' total outstanding common stock, which is 142,256,617 shares.
• The filing was triggered by Aktiv Investment Management being granted full and exclusive voting and investment authority over 22,297,588 shares held by its clients, effective November 3, 2025.
• Aktiv Investment Management directly owns 100 shares, acquired prior to November 3, 2025, for approximately USD 227 (ZAR 4,036).
• The purpose of holding these shares is for investment purposes.
• Adrian Steven Zetler is the sole director/executive officer and single shareholder of Aktiv Investment Management.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive due to the disclosure of a significant institutional stake for investment purposes, which can be seen as a vote of confidence in the company. However, it's a factual disclosure rather than a performance report, so the sentiment is not strongly positive.

Positives

• Aktiv Investment Management (Pty) Ltd has taken a significant 15.7% beneficial ownership stake in Montauk Renewables, indicating institutional interest.
• The shares are held for investment purposes, suggesting a long-term view by the investment manager.

Future Outlook

The Reporting Person holds the shares for investment purposes, indicating a long-term interest in Montauk Renewables, Inc. Any future transactions in the Issuer will be made on behalf of the Clients, using client funds, without borrowing or leveraging assets.

Management Comments

• "The Reporting Person holds the Shares for investment purposes."

Industry Context

This filing indicates a significant institutional investment in Montauk Renewables, a company operating in the renewables sector. Such a substantial stake by an investment manager can signal confidence in the company's long-term prospects within the growing renewable energy industry, potentially attracting further investor attention.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may increase investor confidence and potentially influence share price due to perceived validation of the company's value.
• Company Management: Awareness of a large beneficial owner may influence strategic decisions and engagement with major investors.

Key Dates

Keywords

Montauk Renewables, Aktiv Investment Management, Beneficial Ownership, Schedule 13D, Investment Management Agreement, Common Stock, Institutional Investment, Renewables