SCHEDULE: FIL Limited Discloses 7.6% Stake in Sapiens International

FIL Limited and its affiliates have reported a 7.6% beneficial ownership stake in Sapiens International Corporation N.V., holding 4,263,000 common shares as of September 30, 2025.

Summary

• FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. jointly filed a Schedule 13G regarding their beneficial ownership in SAPIENS INTERNATIONAL CORPORATION N.V.
• The reporting group beneficially owns an aggregate of 4,263,000 shares of Sapiens International Corporation N.V. Common Stock.
• This ownership represents 7.6% of the total outstanding shares of the class.
• The event date requiring this filing, reflecting the beneficial ownership, was September 30, 2025.
• FIL Limited holds sole voting power and sole dispositive power over all 4,263,000 shares.
• Pandanus Partners, L.P. and Pandanus Associates, Inc. each hold sole dispositive power over the same 4,263,000 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or prospects.

Positives

• The disclosure of a significant institutional stake by FIL Limited and its affiliates provides transparency and may be viewed as a vote of confidence from a major investor.
• The reporting persons explicitly state that the shares are held in the ordinary course of business and not for the purpose of influencing control, which can signal stability and a long-term investment horizon.

Negatives

• No specific negatives are indicated by this beneficial ownership disclosure.

Risks

• No specific risks related to Sapiens International Corporation N.V. are mentioned in this ownership disclosure filing.

Future Outlook

This filing is a disclosure of current beneficial ownership and does not contain any forward-looking statements or guidance regarding Sapiens International Corporation N.V.'s future performance or operations.

Industry Context

This filing indicates a significant institutional investment in Sapiens International Corporation N.V., a company likely operating in the software or technology sector given its name. Such disclosures are common for publicly traded companies and reflect ongoing portfolio management by large investment firms. The 7.6% stake suggests a notable, but not controlling, position by FIL Limited and its affiliates, aligning with typical institutional investment strategies.

Related Party Transactions

• Pandanus Partners, L.P. owns between 25% and 48.5% of the total voting stock of FIL Limited.
• Pandanus Associates, Inc. acts as the general partner of Pandanus Partners, L.P.
• Pandanus is owned by trusts for the benefit of members of the Johnson family, including FIL's Chairman Abigail P. Johnson.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by FIL Limited and its affiliates may be viewed positively, indicating confidence from a major investor in Sapiens International Corporation N.V.
• Management: Awareness of a substantial institutional shareholder may influence strategic considerations, although the filing explicitly states the ownership is not for the purpose of changing or influencing control.

Key Dates

Keywords

Sapiens International Corporation N.V., FIL Limited, Pandanus Partners, Beneficial Ownership, Schedule 13G, Institutional Investor, Common Stock, G7T16G103