SCHEDULE: FIL Limited Discloses 7.3% Stake in WPP PLC
Beneficial Ownership Disclosure
FIL Limited and its affiliates have disclosed a beneficial ownership of 7.3% of WPP PLC's common stock, totaling 78,281,671 shares.
Summary
- FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. collectively reported beneficial ownership of 78,281,671 shares of WPP PLC common stock.
- This represents 7.3% of the total outstanding common stock of WPP PLC.
- FIL Limited holds sole voting power over 76,317,804 shares.
- FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. each hold sole dispositive power over 78,281,671 shares.
- The filing is made under Rule 13d-1(c), indicating that the reporting persons are not institutional investors filing under 13d-1(b).
- The beneficial ownership includes shares held by FIL Investment Advisors (UK) Limited, FIL Investments International, and Fidelity Investments Canada ULC.
- Pandanus Partners, L.P. owns between 25% and 48.5% of FIL Limited's voting stock, with Pandanus Associates, Inc. acting as its general partner.
- While other persons have the right to receive dividends or proceeds from the sale of these securities, no single other person's interest exceeds 5% of the total outstanding common stock.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of beneficial ownership, presenting factual information without inherent positive or negative sentiment regarding the issuer's performance or prospects. It reflects a significant institutional stake.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Increased transparency regarding significant institutional ownership. The 7.3% stake by FIL Limited and its affiliates indicates a notable institutional investor's confidence or strategic position in WPP PLC.
- WPP PLC Management: Awareness of a significant institutional shareholder, which may influence engagement and strategic discussions.
Key Dates
| Date | Description |
|---|---|
| 2022-12-19 | Effective date of Power of Attorney for Stephanie J. Brown. |
| 2023-01-31 | Date of previous Schedule 13G filing by FIL Limited (accession number -23-000005) where the Power of Attorney was incorporated by reference. |
| 2025-09-30 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-11-04 | Signature date for the Schedule 13G filing. |
Keywords
WPP PLC, FIL Limited, Pandanus Partners, Pandanus Associates, beneficial ownership, Schedule 13G, common stock, institutional ownership, investment management, equity stake
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