Barclays holds 3.86% of Legato Merger Corp III (LEGT)
Rhea-AI Filing Summary
Barclays PLC filed an amended Schedule 13G reporting its beneficial ownership in Legato Merger Corp III. Barclays reports holding 997,283 shares of common stock, representing 3.86% of the class as of the event date.
Barclays has sole power to vote and dispose of all 997,283 shares and no shared voting or dispositive power. The filing states that this represents ownership of 5 percent or less of the class and certifies that the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the company.
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FAQ
What ownership stake does Barclays PLC report in LEGT?
Barclays PLC reports beneficial ownership of 997,283 shares, equal to 3.86% of Legato Merger Corp III’s common stock. The firm has sole voting and dispositive power over these shares, with no shared authority reported in the Schedule 13G/A filing.
How much voting power does Barclays PLC have in Legato Merger Corp III?
Barclays PLC reports sole voting power over 997,283 Legato Merger Corp III shares. The filing lists zero shared voting power, meaning all reported voting authority rests solely with Barclays for the disclosed common stock position.
Which Barclays entity is identified in connection with the LEGT position?
The filing identifies Barclays PLC as the reporting person and names Barclays Bank PLC as a relevant subsidiary. Barclays PLC reports the aggregate beneficial ownership and associated voting and dispositive powers for the Legato Merger Corp III common stock.
What class of LEGT securities does Barclays PLC report holding?
Barclays PLC reports holdings in Legato Merger Corp III’s common stock. The Schedule 13G/A specifies the security as common stock tied to CUSIP G5451A103, with all reported beneficial ownership and voting power related to this single class.