Yoda PLC/Ioannis Papalekas Reports 29.07% Stake in CCEC
Rhea-AI Filing Summary
Yoda PLC and Ioannis Papalekas report a 29.07% stake in Capital Clean Energy Carriers Corp. (CCEC) held through Yoda PLC. From July 30, 2025 to September 26, 2025, Yoda PLC, via wholly-owned Paparebecorp Limited, acquired 484,193 common shares in open-market transactions for $11,627,257 and received 108,609 shares in lieu of dividends, using the company’s working capital. The reporting persons state the shares were bought for investment purposes and may be reviewed or changed based on the issuer’s performance and market conditions. The total 17,175,137 shares reported are calculated on 59,081,366 outstanding common shares (excluding 1,221,061 treasury shares).
Positive
- Material ownership stake: Reporting persons hold 17,175,137 shares, representing 29.07% of outstanding common shares.
- Transparent purchase details: Open-market purchases of 484,193 shares for $11,627,257 are disclosed.
- Additional shares received: Reporting persons received 108,609 shares in lieu of dividends.
- Source of funds disclosed: Transactions funded with working capital of Yoda PLC.
Negative
- None.
Insights
TL;DR: Yoda PLC acquired a nearly 30% stake via open-market purchases and dividend shares, a material position that may influence liquidity and ownership dynamics.
Yoda PLC directly holds 17,175,137 common shares, representing 29.07% of the outstanding common shares (59,081,366 denominator). The purchases totaled 484,193 shares for $11.63 million in cash, plus 108,609 shares received instead of dividends. Funding is disclosed as working capital. For investors, a single investor approaching 30% can be material to control dynamics, voting outcomes, and potential strategic influence, though the filing states the stake is for investment purposes and leaves future actions open-ended.
TL;DR: The filing documents significant ownership but includes standard disclaimers about beneficial ownership and potential control implications.
The Schedule 13D shows shared voting and dispositive power of 17,175,137 shares attributed to Yoda PLC and to Ioannis Papalekas by relationship. The filing disclaims beneficial ownership for certain officers and clarifies no other persons are known to have rights to distributions or sale proceeds. The reporting persons reserve broad rights to transact further, consistent with typical 13D disclosures; no specific governance proposals or agreements are disclosed.