Manchester United (NYSE: MANU) stake held by INEOS detailed in Form 3
Rhea-AI Filing Summary
INEOS Ltd filed an initial ownership report for Manchester United plc, showing significant indirect holdings through INEOS Services Limited. It reports 16,188,182.593 Class A Ordinary Shares and 33,692,463.497 Class B Ordinary Shares. Each Class B share is convertible into one Class A share at any time, with no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
INEOS Ltd
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 33,692,463.497 shares (Indirect, By INEOS Services Limited);
Class A Ordinary Shares — 16,188,182.593 shares (Indirect, By INEOS Services Limited)
Footnotes (2)
- F1. See Remarks
- F2. Each Class B Ordinary Share is convertible on a one-for-one basis into a Class A Ordinary Share at any time at the option of the holder, and has no expiration date.
Key Figures
Indirect Class A holdings: 16,188,182.593 shares
Indirect Class B holdings: 33,692,463.497 shares
Conversion ratio: 1 Class B share = 1 Class A share
+1 more
4 metrics
Indirect Class A holdings
16,188,182.593 shares
Class A Ordinary Shares held indirectly via INEOS Services Limited
Indirect Class B holdings
33,692,463.497 shares
Class B Ordinary Shares held indirectly via INEOS Services Limited
Conversion ratio
1 Class B share = 1 Class A share
Each Class B Ordinary Share convertible one-for-one into Class A
Class B expiration
No expiration date
Class B Ordinary Shares convertible at any time without expiry
Key Terms
Class A Ordinary Shares, Class B Ordinary Shares, convertible on a one-for-one basis, ten percent owner, +1 more
5 terms
convertible on a one-for-one basis financial
"Each Class B Ordinary Share is convertible on a one-for-one basis into a Class A Ordinary Share."
ten percent owner financial
"INEOS Ltd is identified as a ten percent owner of Manchester United plc."
indirect ownership financial
"The shares are reported as being held through INEOS Services Limited, indicating indirect ownership."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the INEOS Ltd Form 3 filing for MANU report?
The Form 3 shows INEOS Ltd’s indirect ownership in Manchester United plc. It reports large positions in both Class A and Class B Ordinary Shares, held through INEOS Services Limited, establishing INEOS Ltd as a ten percent owner of the company.
Is INEOS Ltd a ten percent owner of Manchester United (MANU)?
Yes. The Form 3 identifies INEOS Ltd as a ten percent owner of Manchester United plc. This status reflects the large indirect holdings in both Class A and Class B Ordinary Shares reported through INEOS Services Limited in the filing.