SCHEDULE: Varde Funds Disclose 5.15% Stake in Nabors Industries
Beneficial Ownership Disclosure (Amendment)
Varde Credit Partners Master, L.P. and Varde Partners, Inc. have disclosed beneficial ownership of 5.15% of Nabors Industries Ltd.'s common shares.
Summary
- Varde Credit Partners Master, L.P. and Varde Partners, Inc. collectively reported beneficial ownership of 749,318 common shares of Nabors Industries Ltd.
- This ownership represents 5.15% of the outstanding common shares.
- The percentage is calculated based on 14,561,171 common shares outstanding as of October 27, 2025, as reported in Nabors Industries Ltd.'s Form 10-Q filed on October 31, 2025.
- The shares were not acquired for the purpose of changing or influencing the control of the issuer.
- The event requiring this filing occurred on September 30, 2025.
Sentiment
Score: 5
Explanation: This is a factual disclosure of beneficial ownership, not containing performance or forward-looking statements that would typically influence sentiment.
Positives
- Varde Credit Partners Master, L.P. and Varde Partners, Inc. disclosed a significant beneficial ownership stake of 5.15% in Nabors Industries Ltd.
Future Outlook
NA
Management Comments
- The Reporting Persons certify that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional investor's stake can influence market perception and potentially provide a signal of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 2025-09-30 | Date of event requiring the filing of this statement. |
| 2025-10-27 | Date as of which 14,561,171 common shares were outstanding, used for percentage calculation. |
| 2025-10-31 | Date Nabors Industries Ltd. filed its Quarterly Report on Form 10-Q, reporting outstanding shares. |
| 2025-11-14 | Date of signing of the Schedule 13G Amendment No. 1. |
Keywords
Nabors Industries, Varde Credit Partners, Varde Partners, Schedule 13G, Beneficial Ownership, Common Shares, Institutional Investor, SEC Filing, Equity Stake
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