SCHEDULE: Platin Holdings and Olivier Goudet Report 5.03% Stake in WK Kellogg Co
Beneficial Ownership Report
Platin Holdings S.a r.l. and Olivier Goudet jointly report beneficial ownership of 4,331,725 shares of WK Kellogg Co, representing 5.03% of the company's outstanding common stock.
Summary
- Platin Holdings S.a r.l. and Olivier Goudet have filed a Schedule 13G, indicating their joint beneficial ownership of WK Kellogg Co common stock.
- They jointly own 4,331,725 shares, which represents 5.03% of the company's outstanding shares.
- The ownership is based on 86,125,244 shares outstanding as of November 1, 2024, as reported in WK Kellogg Co's 10-Q filing on November 7, 2024.
- Neither party has sole voting or dispositive power, but they share both voting and dispositive power over the 4,331,725 shares.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing, indicating a significant ownership stake. It is neither overly positive nor negative, but rather a factual disclosure.
Positives
- The filing indicates a significant ownership stake by Platin Holdings and Olivier Goudet, suggesting confidence in the company.
Risks
- The document does not explicitly state the intentions of Platin Holdings and Olivier Goudet, which could introduce uncertainty.
Industry Context
This filing is a standard disclosure for investors who acquire more than 5% of a company's stock, and it is common in the investment industry.
Comparison to Industry Standards
- Schedule 13G filings are a standard practice for investors who reach a 5% ownership threshold in a publicly traded company.
- The filing is consistent with regulatory requirements for disclosing significant ownership positions.
- Similar filings are made by institutional investors and individuals who acquire significant stakes in companies across various industries.
Stakeholder Impact
- The filing may be of interest to shareholders of WK Kellogg Co, as it indicates a significant ownership stake by Platin Holdings and Olivier Goudet.
Key Dates
| Date | Description |
|---|---|
| 2024-11-01 | Date of outstanding shares used for calculation. |
| 2024-11-07 | WK Kellogg Co's 10-Q filing date. |
| 2025-01-22 | Date of event requiring filing of this statement. |
| 2025-01-24 | Date of the Joint Filing Agreement and Schedule 13G filing. |
Keywords
WK Kellogg Co, Platin Holdings, Olivier Goudet, Schedule 13G, Beneficial Ownership, Shareholding, Common Stock
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