SCHEDULE: Legal & General Group Discloses 5.3% Stake in OneSpan Inc.
Beneficial Ownership Disclosure
Legal & General Group Plc and its affiliated entities have disclosed a collective beneficial ownership of 5.3% in OneSpan Inc. common shares as of December 31, 2022.
Summary
- Legal & General Group Plc, along with its subsidiaries, reported beneficial ownership of OneSpan Inc. common shares.
- As of December 31, 2022, Legal & General Group Plc beneficially owned 2,107,589 shares, representing 5.31% of the class, with shared voting power over 2,034,493 shares and shared dispositive power over 2,107,589 shares.
- Legal & General Investment Management Ltd beneficially owned 2,024,777 shares, representing 5.1% of the class, with shared voting and dispositive power over all these shares.
- LGIM Managers (Europe) Limited beneficially owned 2,020,357 shares, representing 5.1% of the class, with shared voting and dispositive power over all these shares.
- Legal & General UCITS ETF Plc beneficially owned 2,020,357 shares, representing 5.1% of the class, with shared voting and dispositive power over all these shares.
- Legal & General Investment Management America Inc. beneficially owned 82,812 shares, representing 0.2% of the class, with shared voting power over 9,716 shares and shared dispositive power over 82,812 shares.
- The filing is an Amendment No. 2 to a Schedule 13G.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing no positive or negative operational or financial performance information. Therefore, the sentiment is neutral.
Future Outlook
NA
Industry Context
This filing reflects a passive investment by a major global financial services group, Legal & General, in OneSpan Inc., a company operating in the digital identity and security solutions sector. Such disclosures are common for large institutional investors managing diverse portfolios.
Stakeholder Impact
- This filing indicates that Legal & General Group Plc and its affiliates are significant shareholders, which could influence corporate governance and strategic decisions through their voting power.
Key Dates
| Date | Description |
|---|---|
| 12/31/2022 | Date of event requiring the filing of this statement (beneficial ownership threshold met or changed). |
| 07/02/2025 | Signature date for the filing by Legal & General Group Plc and its affiliates. |
Keywords
OneSpan Inc., Legal & General Group Plc, Beneficial Ownership, Schedule 13G, Common Shares, Institutional Investor, Financial Services, Investment Management
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