Globant S.A. (GLOB): GIC Private Limited reports 5.64% beneficial ownership
Rhea-AI Filing Summary
Globant S.A. received an amended ownership report indicating that GIC Private Limited, a Singapore-based fund manager, beneficially owns 2,435,812 Globant common shares, representing 5.64% of the class. GIC has sole voting and dispositive power over 2,035,045 shares and shared voting and dispositive power over 400,767 shares, managed on behalf of the Government of Singapore and the Monetary Authority of Singapore.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 2,435,812 shares
Ownership percentage: 5.64%
Shares outstanding baseline: 43,179,556 shares
+2 more
5 metrics
Beneficially owned shares
2,435,812 shares
Total Globant common shares beneficially owned by GIC
Ownership percentage
5.64%
Percent of Globant common shares class owned by GIC
Shares outstanding baseline
43,179,556 shares
Globant common shares outstanding as of February 24, 2026
Sole voting power
2,035,045 shares
Shares over which GIC has sole voting and dispositive power
Shared voting power
400,767 shares
Shares over which GIC shares voting and dispositive power with MAS
Key Terms
beneficially owned, Sole Voting Power, Shared Dispositive Power, Percent of class, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 2,435,812 (1), (2)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 2,035,045.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Percent of class financial
"(b) | Percent of class: 5.64% (3)"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Monetary Authority of Singapore financial
"GIC shares power to vote and dispose of 400,767 securities ... with MAS."
The Monetary Authority of Singapore is the main organization responsible for overseeing the country's money supply, banking system, and financial stability. It acts like a central bank, setting rules to keep the financial system safe and healthy. For investors, it matters because its policies influence interest rates, inflation, and the overall economic environment, impacting investment opportunities and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who are the clients behind GIC’s holdings in Globant S.A. (GLOB)?
GIC manages the Globant shares on behalf of two clients: the Government of Singapore and the Monetary Authority of Singapore. GIC states the Government of Singapore disclaims beneficial ownership of these shares and that GIC disclaims membership in a group.