Director Keen Shuja reports 16,480 IBEX Ltd (IBEX) shares on Form 3

Rhea-AI Filing Summary

IBEX Ltd director Keen Shuja filed an initial ownership report on Form 3. The filing shows indirect ownership of 16,480 Common Shares, held "by self as sole owner of Adia Global LLC." This is a disclosure of existing holdings rather than a new stock purchase or sale.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Keen Shuja

(Last) (First) (Middle)

C/O IBEX LIMITED

1717 PENNSYLVANIA AVENUE NW, SUITE 825

(Street)

WASHINGTON DC 20006

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/18/2025

3. Issuer Name and Ticker or Trading Symbol
IBEX Ltd [ IBEX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	16,480	I	By self as sole owner of Adia Global LLC

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

On December 18, 2025, Reporting Person was appointed to Issuer's Board of Directors.

	Lisa Lenstrohm, Attorney-in-Fact	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the IBEX (IBEX) Form 3 filing by Keen Shuja report?

The Form 3 filing reports initial beneficial ownership of IBEX Ltd shares by director Keen Shuja. It discloses existing holdings rather than a new transaction, providing baseline ownership information for regulatory and investor transparency purposes.

How many IBEX Ltd shares does Keen Shuja report on Form 3?

The filing shows indirect ownership of 16,480 Common Shares of IBEX Ltd. These shares are reported as being held through Adia Global LLC, where Shuja is identified as the sole owner of that entity.

Is the IBEX (IBEX) Form 3 a buy or sell transaction?

The Form 3 filing does not report a buy or sell transaction. It is an initial ownership disclosure, listing shares already owned indirectly through Adia Global LLC, rather than documenting a new trade in IBEX stock.

How are IBEX Ltd shares held by Keen Shuja structured?

The filing states that 16,480 IBEX Ltd Common Shares are held indirectly by Keen Shuja. The ownership is described as "by self as sole owner of Adia Global LLC," indicating the shares are registered in that LLC’s name.

Why is a Form 3 filing important for IBEX (IBEX) investors?

Form 3 provides a starting point for tracking an insider’s holdings in IBEX Ltd. Once this baseline of 16,480 indirectly held shares is disclosed, future Forms 4 and 5 can show changes relative to this initial ownership position.