MDA Space Ltd. Schedule 13G reports that PPF Management Services B.V., PPF Group a.s., AMALAR HOLDING s. and Renata Kellnerova together beneficially hold 10,833,333 common shares, representing 7.8% of the class. The filing states PPF Management Services B.V. directly holds the reported securities and documents the ownership chain to Renata Kellnerova.
The filing calculates percentages using 138,750,977 common shares outstanding as of May 5, 2026. Reported cover-page rows show shared voting and shared dispositive power of 10,833,333 for each Reporting Person listed.
Positive
None.
Negative
None.
Insights
PPF group entities report a non‑controlling 7.8% stake via shared powers.
The coverage shows shared voting and dispositive power of 10,833,333 shares, held directly by PPF Management Services B.V. and owned through an upstream chain to Renata Kellnerova. The filing cites an outstanding base of 138,750,977 shares as of May 5, 2026.
Ownership is presented as shared (not sole) control; future governance influence depends on whether these shared rights are exercised jointly. Subsequent disclosures would show any changes in voting alignment or additional holdings.
This is a passive beneficial‑ownership disclosure, not an active transaction.
The filing lists a position of 10,833,333 shares (7.8%) and specifies the calculation base used. It identifies the entity holding the securities and the upstream ownership chain through PPF entities to Ms. Kellnerova.
Because the document is a Schedule 13G, it signals passive reporting; any market impact would depend on later filings that show acquisitions, dispositions, or shifts from passive to active status.
Key Figures
Reported shares beneficially owned:10,833,333 sharesPercent of class:7.8%Shares outstanding used:138,750,977 shares
3 metrics
Reported shares beneficially owned10,833,333 sharesshared voting and dispositive power reported on cover page
Percent of class7.8%calculated using outstanding shares as of May 5, 2026
Shares outstanding used138,750,977 sharesoutstanding as of <date>May 5, 2026</date> (Exhibit 99.2 to Form 6-K)
Key Terms
Schedule 13G, beneficially owned, shared dispositive power
3 terms
Schedule 13Gregulatory
"Item 1. Name of issuer: MDA Space Ltd.; filing identified as Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedregulatory
"Item 4. Ownership (a) Amount beneficially owned: The information set forth in Row 9"
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.
shared dispositive powerfinancial
"Row 8 shows Shared Dispositive Power 10,833,333.00 for each Reporting Person"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MDA Space Ltd.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
55293N109
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
55293N109
1
Names of Reporting Persons
PPF Group a.s.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CZECH REPUBLIC
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,833,333.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,833,333.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,833,333.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
55293N109
1
Names of Reporting Persons
PPF Management Services B.V.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NETHERLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,833,333.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,833,333.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,833,333.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP Number(s):
55293N109
1
Names of Reporting Persons
AMALAR HOLDING s.r.o.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CZECH REPUBLIC
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,833,333.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,833,333.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,833,333.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
55293N109
1
Names of Reporting Persons
Renata Kellnerova
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CZECH REPUBLIC
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,833,333.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,833,333.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,833,333.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
This Schedule 13G is being filed by PPF Management Services B.V., PPF Group a.s., AMALAR HOLDING s.r.o. and Renata Kellnerova (each a "Reporting Person" and collectively the "Reporting Persons").
(b)
Address or principal business office or, if none, residence:
The principal business address/residence for each of the Reporting Persons is as follows: (1) for Mrs. Renata Kellnerova - c/o PPF a.s., Evropska 2690/17, P.O. Box 177, 160 41 Prague 6, Czech Republic; (2) for PPF Group a.s. and AMALAR HOLDING s.r.o. - Evropska 2690/17, P.O. Box 177, 160 41 Prague 6, Czech Republic and (3) for PPF Management Services B.V. - Zuidplein 168,
1077XV Amsterdam, the Netherlands.
(c)
Citizenship:
The information set forth in Row 4 of the cover page for each of the Reporting Persons is incorporated herein by reference.
(d)
Title of class of securities:
Common Shares
(e)
CUSIP Number(s):
55293N109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information set forth in Row 9 of the cover page for each of the Reporting Persons is incorporated herein by reference.
PPF Management Services B.V. directly holds the securities reported as beneficially owned by the Reporting Persons in this Schedule 13G. PPF Management Services B.V. is wholly owned by PPF
Group a.s., which is indirectly wholly owned by AMALAR HOLDING s.r.o., which is majority owned by Renata Kellnerova.
(b)
Percent of class:
The information set forth in Row 11 of the cover page for each of the Reporting Persons is incorporated herein by reference.
The percentages of class set forth in this Schedule 13G are calculated based upon an aggregate of 138,750,977 common shares outstanding as of May 5, 2026, as reported in Exhibit 99.2 to the
Issuer's Form 6-K filed on May 7, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information set forth in Row 5 of the cover page for each of the Reporting Persons is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information set forth in Row 6 of the cover page for each of the Reporting Persons is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information set forth in Row 7 of the cover page for each of the Reporting Persons is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information set forth in Row 8 of the cover page for each of the Reporting Persons is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
PPF reports beneficial ownership of 10,833,333 common shares, equal to 7.8% of the class based on 138,750,977 shares outstanding as of May 5, 2026. The shares are held directly by PPF Management Services B.V.
Who directly holds the reported MDA shares?
The filing states PPF Management Services B.V. directly holds the securities. It further describes that PPF Management Services B.V. is wholly owned by PPF Group a.s., which is indirectly owned by AMALAR HOLDING s. and majority owned by Renata Kellnerova.
How was the 7.8% ownership percentage calculated?
The percentage is calculated using an aggregate of 138,750,977 common shares outstanding as of May 5, 2026, as reported in Exhibit 99.2 to the Issuer's Form 6-K filed on May 7, 2026. The filing cites that figure explicitly.
Does the filing show sole voting control of the shares?
No. The cover‑page rows incorporated by reference show 0 sole voting power and 10,833,333 shared voting power for each Reporting Person, indicating the position is reported with shared voting and dispositive authority.
