Bank of Nova Scotia reports 2.93M-share stake in JELD-WEN (NYSE: JELD)
Rhea-AI Filing Summary
JELD-WEN Holding, Inc.: Bank of Nova Scotia reports beneficial ownership of 2,934,229 shares of Common Stock, representing 3.41% of the class. The filing states the bank holds sole voting power and sole dispositive power for 2,934,229 shares.
The disclosure is filed as an Amendment No. 1 and includes a certification regarding the foreign regulatory scheme; the signatory is a compliance officer.
Positive
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Negative
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Insights
Large passive stake disclosure confirming voting and dispositive control of 3.41%.
The filing documents that Bank of Nova Scotia beneficially owns 3.41% or 2,934,229 shares of JELD-WEN common stock with sole voting and dispositive powers. This establishes the bank as a visible holder above typical reporting thresholds.
Key dependencies include whether holdings are held for client accounts or principal purposes and any future amendments that change percent ownership; subsequent filings will show changes in position.
Disclosure clarifies control rights and regulatory comparability certification.
The filing includes a certification that the bank's foreign regulatory scheme is "substantially comparable" to the U.S. equivalent and the signatory is the bank's Head of GBM&T Compliance Canada. This is standard for foreign institutional filers seeking Schedule 13G treatment.
Watch for any future Schedule 13D/A or Form 4 if voting intentions or transaction activity changes; current text records ownership and control attributes only.
Key Figures
Key Terms
Schedule 13G/A regulatory
Beneficially owned regulatory
Sole Dispositive Power regulatory
13d-1(b)(1)(ii)(g) regulatory
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