Barclays Holds 5.71% of Criteo ADRs on Schedule 13G — Passive Position
Rhea-AI Filing Summary
Barclays PLC reports beneficial ownership of 3,035,479 Criteo ADRs, representing 5.71% of the class. The filing breaks the position into 775,479 shares of sole voting and dispositive power and 2,260,000 shares of shared voting and dispositive power. Barclays is organized in the United Kingdom and names Barclays Bank PLC and Barclays Capital Inc as relevant subsidiaries. The filer certifies these securities are held in the ordinary course of business and were not acquired to change or influence the issuer's control. The statement is submitted on Schedule 13G as a holding-company disclosure of a passive stake.
Positive
- Beneficial ownership disclosed: Barclays reports 3,035,479 shares (5.71%), a material and transparent disclosure.
- Clear power breakdown: Filing specifies both sole and shared voting and dispositive power (775,479 and 2,260,000 shares).
- Passive intent certified: The filer certifies the securities are held in the ordinary course of business and not to influence control.
Negative
- None.
Insights
TL;DR: Barclays holds a material 5.71% passive stake in Criteo, disclosed on Schedule 13G.
Barclays' beneficial ownership of 3,035,479 ADRs (5.71%) is a reportable, material position that exceeds the 5% disclosure threshold. The filing provides a clear split between sole and shared voting/dispositive power (775,479 and 2,260,000 shares respectively), and identifies relevant subsidiaries. The certification states the position is held in the ordinary course of business and not to influence control, indicating a passive disclosure rather than an active governance intent.
TL;DR: A >5% holding triggers public disclosure but the filer certifies a passive, non-control intent.
The Schedule 13G classifies Barclays as a holding company and lists subsidiaries Barclays Bank PLC and Barclays Capital Inc. The filing's certification under Item 10 explicitly states the shares are not held to change or influence control, which is consistent with a passive 13G disclosure. The provided voting and dispositive power breakdown supports transparency about how the stake is allocated within Barclays' organization.