Key Group Long Term Investments LP and Sunil Jagwani report 6.9% beneficial ownership of Methanex Corporation, including shares underlying call options.
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Methanex Corporation (MEOH) has a Schedule 13G/A (Amendment No. 2) reporting updated beneficial ownership information by Key Group Long Term Investments LP and Sunil Jagwani. They report beneficial ownership of 5,345,000 Common Shares, representing 6.9% of Methanex’s Common Shares, including 3,500,000 Common Shares issuable upon exercise of call options. All 5,345,000 shares are reported with shared voting and shared dispositive power, with no sole voting or dispositive power. Each reporting person disclaims beneficial ownership beyond their pecuniary interest.
Key Figures
Beneficially owned Common Shares:5,345,000 sharesPercent of class:6.9%Shares issuable upon exercise of call options:3,500,000 shares+3 more
6 metrics
Beneficially owned Common Shares5,345,000 sharesCommon Shares of Methanex Corporation beneficially owned by each reporting person
Percent of class6.9%Percentage of Methanex Common Shares beneficially owned by each reporting person
Shares issuable upon exercise of call options3,500,000 sharesPortion of beneficial ownership represented by Common Shares underlying call options
Shared voting power5,345,000 sharesShares over which the reporting persons have shared power to vote or direct the vote
Sole voting power0 sharesShares over which the reporting persons have sole power to vote
Shared dispositive power5,345,000 sharesShares over which the reporting persons have shared power to dispose or direct disposition
"Amount beneficially owned: Key Group Long Term Investments LP - 5,345,000"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting powerfinancial
"Shared power to vote or to direct the vote: 5,345,000"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive powerfinancial
"Shared power to dispose or to direct the disposition of: 5,345,000"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
call optionsfinancial
"Includes 3,500,000 Common Shares issuable upon exercise of call options."
A call option is a contract that gives its buyer the right, but not the obligation, to buy a specific number of shares at a predetermined price within a set time. Think of it like a refundable reservation to purchase a stock later at today’s agreed price: investors use calls to profit from expected price rises with smaller upfront cost than buying the stock outright, or to hedge and manage exposure, while the most they can lose is the amount paid for the contract.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in MEOH is reported in this Schedule 13G/A amendment?
The reporting persons disclose beneficial ownership of 5,345,000 Methanex Common Shares, representing 6.9% of the class. This total includes 3,500,000 Common Shares that are issuable upon exercise of call options.
Who are the reporting persons in this Methanex (MEOH) Schedule 13G/A?
The filing identifies Key Group Long Term Investments LP and Sunil Jagwani as the reporting persons. Both report the same 5,345,000 Common Shares and a 6.9% beneficial ownership interest in Methanex Corporation.
How many Methanex (MEOH) shares are tied to derivatives in this filing?
The disclosure states that the reported holdings include 3,500,000 Common Shares issuable upon exercise of call options. These option-linked shares form part of the total 5,345,000 Common Shares beneficially owned.
What voting and dispositive powers over MEOH shares are reported?
Both reporting persons indicate 0 shares with sole voting or sole dispositive power and 5,345,000 shares with shared voting and shared dispositive power. This means all reported Methanex shares are controlled on a shared, not sole, basis.
Does this Methanex (MEOH) Schedule 13G/A amendment change prior reported holdings?
The document states that Amendment No. 2 amends and restates the holdings previously reported in the initial filing dated April 17, 2026. It updates the beneficial ownership details to reflect the current 5,345,000-share position.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Methanex Corporation
(Name of Issuer)
Common Shares
(Title of Class of Securities)
59151K108
(CUSIP Number)
04/10/2026
(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):
59151K108
1
Names of Reporting Persons
Key Group Long Term Investments LP
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
BAHAMAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,345,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,345,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,345,000.00
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)
6.9 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: This Amendment No. 2 amends and restates the holdings reported in the Reporting Persons' initial Schedule 13G filing filed with the Securities and Exchange Commission on April 17, 2026. Includes 3,500,000 Common Shares issuable upon exercise of call options.
SCHEDULE 13G
CUSIP Number(s):
59151K108
1
Names of Reporting Persons
Sunil Jagwani
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
INDIA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,345,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,345,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,345,000.00
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)
6.9 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: This Amendment No. 2 amends and restates the holdings reported in the Reporting Persons' initial Schedule 13G filing filed with the Securities and Exchange Commission on April 17, 2026. Includes 3,500,000 Common Shares issuable upon exercise of call options.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Methanex Corporation
(b)
Address of issuer's principal executive offices:
200 Burrard Street, Suite 1800, Vancouver, British Columbia, V6C 3M1, Canada
Item 2.
(a)
Name of person filing:
Key Group Long Term Investments LP
Sunil Jagwani
(b)
Address or principal business office or, if none, residence:
Key Group Long Term Investments LP
c/o McKinney Bancroft & Hughes, Mareva House
4 George Street P.O. Box
Nassau, Bahamas
Sunil Jagwani
3C Caves Point
West Bay Street
Nassau, Bahamas
(c)
Citizenship:
Key Group Long Term Investments LP - Other - Bahamas
Sunil Jagwani - Other - India
(d)
Title of class of securities:
Common Shares
(e)
CUSIP No.:
59151K108
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:
Key Group Long Term Investments LP - 5,345,000
Sunil Jagwani - 5,345,000
(b)
Percent of class:
Key Group Long Term Investments LP - 6.9%
Sunil Jagwani - 6.9%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Key Group Long Term Investments LP - 0
Sunil Jagwani - 0
(ii) Shared power to vote or to direct the vote:
Key Group Long Term Investments LP - 5,345,000
Sunil Jagwani - 5,345,000
(iii) Sole power to dispose or to direct the disposition of:
Key Group Long Term Investments LP - 0
Sunil Jagwani - 0
(iv) Shared power to dispose or to direct the disposition of:
Key Group Long Term Investments LP - 5,345,000
Sunil Jagwani - 5,345,000
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.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please see Exhibit B attached hereto.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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.
Key Group Long Term Investments LP
Signature:
/s/ Sunil Jagwani
Name/Title:
/s/ Sunil Jagwani, General Partner
Date:
09/17/2026
Sunil Jagwani
Signature:
/s/ Sunil Jagwani
Name/Title:
Sunil Jagwani
Date:
09/17/2026
Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.
Exhibit Information
Exhibit A - Joint Filing Agreement
Exhibit B - Control Person Identification
