SCHEDULE: Legal & General Group Discloses 5% Stake in Radware Ltd.
Beneficial Ownership Disclosure
Legal & General Group Plc and its affiliated entities have filed an amended Schedule 13G, disclosing a beneficial ownership of 5.0% in Radware Ltd.'s Ordinary Shares as of December 31, 2023.
Summary
- Legal & General Group Plc, a UK-based multinational financial services group, along with its subsidiaries, reported beneficial ownership of 2,115,897 Ordinary Shares of Radware Ltd.
- This aggregate ownership represents 5.0% of Radware Ltd.'s outstanding Ordinary Shares.
- Legal & General Investment Management Ltd, a UK-regulated discretionary investment manager, beneficially owns 2,114,197 shares, representing 5% of the class.
- LGIM Managers (Europe) Limited, an Irish-regulated Super ManCo, and Legal & General UCITS ETF Plc, an Irish open-ended investment company, each beneficially own 2,081,228 shares, representing 4.95% and 4.9% respectively.
- Legal & General Investment Management America Inc., a US-regulated investment manager, beneficially owns 1,700 shares, representing 0% of the class.
- The filing is an Amendment No. 1 to a previous Schedule 13G, indicating an update to their beneficial ownership position.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain performance data or forward-looking statements that would indicate a positive or negative outlook.
Future Outlook
NA
Industry Context
This filing reflects a standard disclosure by a large institutional investor, Legal & General Group, regarding its passive stake in a publicly traded company. Such disclosures are common in the financial industry and provide transparency on significant holdings by major investment firms.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership in Radware Ltd., potentially influencing investor confidence and trading activity.
Key Dates
| Date | Description |
|---|---|
| 12/31/2023 | Date of event which requires the filing of this statement, indicating the beneficial ownership position. |
| 07/02/2025 | Signature date of the filing by Legal & General Group Plc and its affiliated entities. |
Keywords
Radware Ltd, Legal & General Group Plc, Schedule 13G, Beneficial Ownership, Institutional Investor, Ordinary Shares, SEC Filing, Investment Management, Financial Services
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