SCHEDULE: Legal & General Discloses 6.6% Stake in Radware Ltd.
Beneficial Ownership Report
Legal & General Group Plc and its subsidiaries have filed a Schedule 13G, reporting beneficial ownership of 6.6% of Radware Ltd.'s Ordinary Shares.
Summary
- Legal & General Group Plc, along with its various investment management subsidiaries, collectively reported beneficial ownership of 2,831,851 Ordinary Shares of Radware Ltd.
- This aggregate ownership represents 6.6% of Radware Ltd.'s outstanding Ordinary Shares.
- The filing was made under Rule 13d-1(b), indicating that Legal & General is a qualified institutional investor holding the shares in the ordinary course of business and not with the purpose or effect of changing or influencing control of Radware Ltd.
- The shares are held with shared voting and shared dispositive power across the various Legal & General entities, including Legal & General Investment Management Ltd, LGIM Managers (Europe) Limited, Legal & General UCITS ETF Plc, Legal & General Investment Management America Inc, and LGIM Singapore PTE Ltd.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of beneficial ownership by an institutional investor, providing factual information without expressing positive or negative sentiment about the issuer's performance or outlook.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Radware Ltd.'s future performance or Legal & General's investment strategy beyond the current ownership stake.
Industry Context
This filing reflects a passive investment by a major global asset manager, Legal & General, in Radware Ltd., a company operating in the cybersecurity and application delivery space. Such institutional holdings are common and indicate a level of confidence in the company's long-term prospects from a large-scale investment perspective, without implying active management or strategic influence.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, confirming a large asset manager's stake in the company.
- Investment Professionals: Offers insight into the holdings of a major institutional investor, which can be a data point for investment analysis.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement, indicating when the beneficial ownership threshold was met. |
| 07/28/2025 | Date the Schedule 13G statement was signed by Legal & General Group Plc and its subsidiaries. |
Keywords
Radware Ltd, Legal & General Group Plc, Schedule 13G, Beneficial Ownership, Institutional Investor, Ordinary Shares, Investment Management, Cybersecurity, Application Delivery
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