[SCHEDULE 13D/A] ADECOAGRO S.A. SEC Filing
Adecoagro ownership update: This amendment reports that Tether Holdings, its subsidiary Tether Investments and Giancarlo Devasini collectively beneficially own 73,553,625 Common Shares of Adecoagro, representing 73.6% of the outstanding Common Shares. The filing consolidates ownership across the reporting persons and confirms shared voting and dispositive power over the stated shares held through Tether Investments. The amendment notes it modifies a prior Schedule 13D and otherwise leaves the original disclosure unchanged. No acquisitions, dispositions or other financial terms are detailed in the body of this amendment beyond a reference to recent open-market purchases included as an exhibit.
Aggiornamento sulla proprietà di Adecoagro: Con questo emendamento si comunica che Tether Holdings, la sua controllata Tether Investments e Giancarlo Devasini detengono congiuntamente 73.553.625 azioni ordinarie di Adecoagro, corrispondenti al 73,6% delle azioni ordinarie in circolazione. Il deposito raggruppa la proprietà tra i soggetti segnalanti e conferma il potere condiviso di voto e disposizione sulle azioni indicate, detenute tramite Tether Investments. L'emendamento specifica che modifica un precedente Schedule 13D e che per il resto la dichiarazione originale rimane invariata. Non vengono riportati nell'emendamento acquisti, cessioni o altri termini finanziari, fatta eccezione per un riferimento a recenti acquisti sul mercato aperto inclusi come allegato.
Actualización de propiedad de Adecoagro: Este enmienda informa que Tether Holdings, su subsidiaria Tether Investments y Giancarlo Devasini poseen conjuntamente 73.553.625 acciones ordinarias de Adecoagro, lo que representa el 73,6% de las acciones ordinarias en circulación. La presentación consolida la titularidad entre las personas informantes y confirma el poder compartido de voto y disposición sobre las acciones indicadas, mantenidas a través de Tether Investments. La enmienda señala que modifica un Schedule 13D previo y que, por lo demás, la divulgación original permanece sin cambios. No se detallan en el cuerpo de la enmienda adquisiciones, disposiciones u otros términos financieros, salvo una referencia a recientes compras en el mercado abierto incluidas como anexo.
Adecoagro 소유권 업데이트: 본 수정서에 따르면 Tether Holdings, 그 자회사 Tether Investments 및 Giancarlo Devasini는 공동으로 Adecoagro 보통주 73,553,625주를 사실상 보유하고 있으며 이는 발행 보통주의 73.6%에 해당합니다. 해당 제출서는 보고 대상자들 간의 소유를 통합하고 Tether Investments를 통해 보유된 해당 주식에 대한 공동 의결권 및 처분권을 확인합니다. 이 수정서는 이전 Schedule 13D를 수정함을 명시하며 그 외 원래의 공시는 변경되지 않았습니다. 본 수정서 본문에는 최근 공개시장 매수에 대한 별첨 참조를 제외하고는 인수·처분 또는 기타 재무 조건이 상세히 기재되어 있지 않습니다.
Mise à jour de la détention d'Adecoagro : Cet amendement indique que Tether Holdings, sa filiale Tether Investments et Giancarlo Devasini détiennent conjointement 73 553 625 actions ordinaires d'Adecoagro, représentant 73,6% des actions ordinaires en circulation. Le dépôt consolide la détention des personnes déclarantes et confirme le pouvoir partagé de vote et de disposition sur les actions indiquées, détenues via Tether Investments. L'amendement précise qu'il modifie un Schedule 13D antérieur et que, pour le reste, la divulgation originale demeure inchangée. Aucune acquisition, cession ou autre condition financière n'est détaillée dans le corps de cet amendement, hormis une référence à des achats récents sur le marché libre inclus en annexe.
Adecoagro-Beteiligungsupdate: Diese Änderung berichtet, dass Tether Holdings, dessen Tochtergesellschaft Tether Investments und Giancarlo Devasini gemeinsam 73.553.625 Stammaktien von Adecoagro wirtschaftlich besitzen, was 73,6% der ausstehenden Stammaktien entspricht. Die Einreichung fasst die Beteiligungen der meldepflichtigen Personen zusammen und bestätigt das geteilte Stimm- und Verfügungsrecht über die angegebenen Aktien, die über Tether Investments gehalten werden. Die Änderung weist darauf hin, dass sie ein vorheriges Schedule 13D abändert und ansonsten die ursprüngliche Offenlegung unverändert lässt. Im Text der Änderung werden keine Erwerbe, Veräußerungen oder sonstigen finanziellen Bedingungen genannt, abgesehen von einem Verweis auf jüngste Börsenkäufe, die als Anlage beigefügt sind.
- Consolidated control: Reporting Persons collectively hold 73.6% of outstanding shares, providing clear, centralized voting authority.
- Transparent disclosure: The amendment updates prior Schedule 13D filings and references exhibited open-market purchases, increasing transparency about recent transactions.
- High ownership concentration: 73.6% ownership substantially reduces public float and may limit minority shareholder influence.
- Limited transactional detail: The amendment does not disclose purchase prices or timing for the reported holdings within the text (Schedule B referenced but not detailed).
Insights
TL;DR: A controlling block of 73.6% concentration materially centralizes voting power and likely changes corporate control dynamics.
The reported 73,553,625 Common Shares equal a dominant ownership stake, giving the Reporting Persons de facto control of shareholder votes and strategic decisions. For investors this concentration reduces free-float and may limit influence from other public holders. The amendment does not disclose purchase prices, timing details beyond a reference to Schedule B, or any change in intent toward the issuer; therefore valuation impact must be inferred from market reaction rather than from this filing alone.
TL;DR: The combined holdings and shared voting/dispositive power create a controlling shareholder group with clear governance implications.
This Schedule 13D/A confirms a controlling shareholder structure under which Tether entities and Mr. Devasini exercise shared voting and dispositive power over 73.6% of common shares. Such a structure typically enables the reporting persons to direct board composition and corporate strategy. The statement disclaims individual beneficial ownership by Mr. Devasini beyond pecuniary interest but explicitly notes his >50% voting interest in Tether Holdings, underscoring centralized control.
Aggiornamento sulla proprietà di Adecoagro: Con questo emendamento si comunica che Tether Holdings, la sua controllata Tether Investments e Giancarlo Devasini detengono congiuntamente 73.553.625 azioni ordinarie di Adecoagro, corrispondenti al 73,6% delle azioni ordinarie in circolazione. Il deposito raggruppa la proprietà tra i soggetti segnalanti e conferma il potere condiviso di voto e disposizione sulle azioni indicate, detenute tramite Tether Investments. L'emendamento specifica che modifica un precedente Schedule 13D e che per il resto la dichiarazione originale rimane invariata. Non vengono riportati nell'emendamento acquisti, cessioni o altri termini finanziari, fatta eccezione per un riferimento a recenti acquisti sul mercato aperto inclusi come allegato.
Actualización de propiedad de Adecoagro: Este enmienda informa que Tether Holdings, su subsidiaria Tether Investments y Giancarlo Devasini poseen conjuntamente 73.553.625 acciones ordinarias de Adecoagro, lo que representa el 73,6% de las acciones ordinarias en circulación. La presentación consolida la titularidad entre las personas informantes y confirma el poder compartido de voto y disposición sobre las acciones indicadas, mantenidas a través de Tether Investments. La enmienda señala que modifica un Schedule 13D previo y que, por lo demás, la divulgación original permanece sin cambios. No se detallan en el cuerpo de la enmienda adquisiciones, disposiciones u otros términos financieros, salvo una referencia a recientes compras en el mercado abierto incluidas como anexo.
Adecoagro 소유권 업데이트: 본 수정서에 따르면 Tether Holdings, 그 자회사 Tether Investments 및 Giancarlo Devasini는 공동으로 Adecoagro 보통주 73,553,625주를 사실상 보유하고 있으며 이는 발행 보통주의 73.6%에 해당합니다. 해당 제출서는 보고 대상자들 간의 소유를 통합하고 Tether Investments를 통해 보유된 해당 주식에 대한 공동 의결권 및 처분권을 확인합니다. 이 수정서는 이전 Schedule 13D를 수정함을 명시하며 그 외 원래의 공시는 변경되지 않았습니다. 본 수정서 본문에는 최근 공개시장 매수에 대한 별첨 참조를 제외하고는 인수·처분 또는 기타 재무 조건이 상세히 기재되어 있지 않습니다.
Mise à jour de la détention d'Adecoagro : Cet amendement indique que Tether Holdings, sa filiale Tether Investments et Giancarlo Devasini détiennent conjointement 73 553 625 actions ordinaires d'Adecoagro, représentant 73,6% des actions ordinaires en circulation. Le dépôt consolide la détention des personnes déclarantes et confirme le pouvoir partagé de vote et de disposition sur les actions indiquées, détenues via Tether Investments. L'amendement précise qu'il modifie un Schedule 13D antérieur et que, pour le reste, la divulgation originale demeure inchangée. Aucune acquisition, cession ou autre condition financière n'est détaillée dans le corps de cet amendement, hormis une référence à des achats récents sur le marché libre inclus en annexe.
Adecoagro-Beteiligungsupdate: Diese Änderung berichtet, dass Tether Holdings, dessen Tochtergesellschaft Tether Investments und Giancarlo Devasini gemeinsam 73.553.625 Stammaktien von Adecoagro wirtschaftlich besitzen, was 73,6% der ausstehenden Stammaktien entspricht. Die Einreichung fasst die Beteiligungen der meldepflichtigen Personen zusammen und bestätigt das geteilte Stimm- und Verfügungsrecht über die angegebenen Aktien, die über Tether Investments gehalten werden. Die Änderung weist darauf hin, dass sie ein vorheriges Schedule 13D abändert und ansonsten die ursprüngliche Offenlegung unverändert lässt. Im Text der Änderung werden keine Erwerbe, Veräußerungen oder sonstigen finanziellen Bedingungen genannt, abgesehen von einem Verweis auf jüngste Börsenkäufe, die als Anlage beigefügt sind.
FAQ
How many Adecoagro (AGRO) shares do Tether and affiliates report owning?
Who are the reporting persons on the Schedule 13D/A for AGRO?
Does the filing indicate voting or dispositive power over AGRO shares?
Is this document a new filing or an amendment for AGRO?
Does the amendment disclose recent transactions in AGRO stock?
