[SCHEDULE 13G/A] Carnival PLC SEC Filing

Rhea-AI Filing Summary

Aristeia Capital, L.L.C. reported beneficial ownership of 8,473,196 ordinary shares of Carnival plc (each represented by American Depositary Shares), representing 5.82% of the outstanding class based on 145,601,779 shares outstanding as of June 30, 2025. The filing is an Amendment No. 5 to a Schedule 13G and states those shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The reporting person is a Delaware limited liability company with principal business office in Greenwich, CT, and the filing is signed by Andrew B. David, Chief Operating Officer, dated August 14, 2025.

Positive

• Disclosure of a sizable stake (5.82%) provides transparency to the market
• Sole voting and dispositive power reported for all 8,473,196 shares, clarifying ownership control

Negative

• None.

Insights

Financial Analyst

TL;DR: A passive institutional stake of 5.82% disclosed; notable size but certified as not for control, so market implications are limited unless increased.

Aristeia Capital reports a meaningful 5.82% position in Carnival plc, equal to 8.47 million shares based on the issuer’s disclosed outstanding share count. From a portfolio-impact perspective, a >5% disclosure signals an investor with sufficient size to influence trading liquidity and provides transparency on ownership concentration. The filing’s certification that the position is held in the ordinary course and not to influence control classifies this as passive ownership under Schedule 13G, which typically carries less immediate governance or takeover implications than a Schedule 13D.

Corporate Governance Expert

TL;DR: Ownership crosses the 5% disclosure threshold but is filed as passive; watch for future amendments if intentions change.

The statement clarifies voting and dispositive power are solely held by the reporting entity for all 8,473,196 shares, with no shared powers reported. The signing certification asserts no intent to change control, consistent with a Schedule 13G amendment. Governance stakeholders should note the position size for potential future engagement, but absent any indication of activist intent in this filing, immediate governance change is not evidenced by this document.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

CARNIVAL PLC

(Name of Issuer)

Ordinary Shares each represented by American Depositary Shares ($1.66 par value)

(Title of Class of Securities)

14365C103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 14365C103

1

Names of Reporting Persons

Aristeia Capital, L.L.C.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,473,196.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 8,473,196.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,473,196.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.82 %

12

Type of Reporting Person (See Instructions)

IN, HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CARNIVAL PLC
(b)	Address of issuer's principal executive offices: 3655 NW 87th Avenue, Miami, Florida, 33178
Item 2.
(a)	Name of person filing: Aristeia Capital, L.L.C., a Delaware limited liability company (the "Reporting Person")
(b)	Address or principal business office or, if none, residence: The address of the principal business office of the Reporting Person is One Greenwhich Plaza, Suite 300, Greenwhich, CT 06830
(c)	Citizenship: Delaware
(d)	Title of class of securities: Ordinary Shares each represented by American Depositary Shares ($1.66 par value)
(e)	CUSIP No.: 14365C103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The Reporting Person may be deemed to be the beneficial owner of 8,473,196 Ordinary Shares, each represented by American Depositary Shares (1.66 par value), Special Voting Share, GBP 1.00 par value and Trust Shares of beneficial interest in the P&O Princess Special Voting Trust, which is approximately 5.82% of the outstanding shares. This percentage was determined by dividing 8,473,196 by 145,601,779, which is the number of shares outstanding as of June 30, 2025, as reported in the Issuer's press release issued in accordance with the FCA's Disclosure and Transparency Rules on July 7, 2025.
(b)	Percent of class: 5.82 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 8,473,196
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 8,473,196
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Aristeia Capital, L.L.C.

Signature:	/s/ Andrew B. David
Name/Title:	Andrew B. David/Chief Operating Officer, Aristeia Capital, L.L.C.
Date:	08/14/2025

FAQ

What stake does Aristeia Capital hold in Carnival plc (CUK)?

Aristeia Capital reports beneficial ownership of 8,473,196 shares, representing 5.82% of Carnival plc's outstanding ordinary shares as of June 30, 2025.

Is Aristeia's filing indicative of an attempt to take control of Carnival plc (CUK)?

No. The filing includes a certification that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

What voting power does Aristeia Capital claim over its Carnival plc (CUK) stake?

The filing reports sole voting power for 8,473,196 shares and no shared voting power.

On what share count is the 5.82% ownership percentage based?

The percentage is calculated using 145,601,779 shares outstanding as of June 30, 2025, as reported by the issuer.

When was the Schedule 13G/A signed and by whom?

The filing is signed by Andrew B. David, Chief Operating Officer of Aristeia Capital, L.L.C., dated August 14, 2025.