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Dole (NYSE: DOLE) major holder Balkan reorganizes 7.67% stake via Scott

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Dole plc received an updated Schedule 13D filing from Balkan Investment Unlimited Company and its wholly owned subsidiary Scott Limited. The amendment reflects a series of internal, intra-group share transfers completed on December 18, 2025, designed to centralize legal ownership of Dole’s ordinary shares at Scott.

After these internal transactions, Scott beneficially owns 7,299,375 ordinary shares of Dole, equal to 7.67% of the outstanding shares, based on 95,162,657 ordinary shares outstanding as of August 27, 2025. Because Balkan is the sole shareholder of Scott, Balkan may be deemed to beneficially own the same shares. The filing notes that the transfers were among affiliates, involved intercompany loans and loan note securities, and did not involve any open market purchases or sales.

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Insights

Large shareholder keeps a 7.67% stake while reorganizing holdings internally.

The filing shows that Scott Limited, a wholly owned subsidiary of Balkan Investment Unlimited Company, now directly beneficially owns 7,299,375 Dole ordinary shares, representing 7.67% of the class based on 95,162,657 shares outstanding as of August 27, 2025. This consolidates legal ownership at Scott but leaves overall group exposure essentially unchanged.

The transactions on December 18, 2025 were internal, using intercompany loans and loan note securities, and explicitly did not involve open market trades. Balkan remains the sole shareholder of Scott and may be deemed to beneficially own the same shares, so the reporting group continues as a significant holder. The amendment also formalizes a Joint Filing Agreement dated December 23, 2025, aligning how the entities report their stake going forward.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
1 Balkan Investment Unlimited Company is the sole shareholder of Scott Limited. As such, it may be deemed to beneficially own the Ordinary Shares that Scott Limited owns. 2 Percentage ownership is based on an aggregate number of 95,162,657 Ordinary Shares outstanding as of August 27, 2025 as reported in the Issuer's Form 424B filing filed with the Securities and Exchange Commission on September 4, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
1 Percentage ownership is based on an aggregate number of 95,162,657 Ordinary Shares outstanding as of August 27, 2025 as reported in the Issuer's Form 424B filing filed with the Securities and Exchange Commission on September 4, 2025.


SCHEDULE 13D


Balkan Investment Unlimited Company
Signature:/s/ Catherine Ghose
Name/Title:Catherine Ghose/Director
Date:01/12/2026
Scott Limited
Signature:/s/ Catherine Ghose
Name/Title:Catherine Ghose/Director
Date:01/12/2026

FAQ

How many Dole (DOLE) shares do Balkan Investment and Scott Limited currently report owning?

Scott Limited beneficially owns 7,299,375 ordinary shares of Dole plc, and because Balkan Investment Unlimited Company is Scott’s sole shareholder, Balkan may be deemed to beneficially own the same 7,299,375 shares.

What percentage of Dole (DOLE) does the 7,299,375-share stake represent?

The 7,299,375 ordinary shares beneficially owned by Scott Limited represent 7.67% of Dole plc’s outstanding ordinary shares, based on 95,162,657 shares outstanding as of August 27, 2025.

What change is disclosed in this Schedule 13D/A amendment for Dole (DOLE)?

The amendment reports that, on December 18, 2025, Balkan and certain subsidiaries completed internal intra‑group purchases and sales of Dole ordinary shares so that Scott Limited now holds 7,299,375 shares, centralizing legal ownership at Scott while keeping the group’s overall stake intact.

Did Balkan Investment or Scott Limited trade Dole (DOLE) shares in the open market?

No. The filing states that the December 18, 2025 transactions were internal sales and purchases among affiliates of the reporting persons and did not involve any open market purchases or sales.

Who are the reporting persons in this Dole (DOLE) Schedule 13D/A filing?

The reporting persons are Balkan Investment Unlimited Company, a private unlimited company organized in Ireland, and Scott Limited, its indirectly wholly owned subsidiary organized in the Isle of Man. Both are described as investment companies.

Is there a governance or reporting agreement between Balkan Investment and Scott Limited regarding Dole (DOLE) shares?

Yes. On December 23, 2025, Balkan Investment Unlimited Company and Scott Limited entered into a Joint Filing Agreement to make joint filings with respect to Dole’s securities when required. This agreement is referenced as Exhibit 99.1.

Do any directors of the reporting companies hold Dole (DOLE) shares personally?

Yes. The filing notes that directors of the reporting persons hold Dole ordinary shares personally, including Carl McCann with 769,931 shares, David McCann with 234,296 shares, Mary McCann with 142 shares, Catherine Ghose with 27,903 shares, and Seamus Taaffe with 16,284 shares.
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