STOCK TITAN

FIL Limited discloses 7.9% Open Text (OTEX) stake with 19.1M shares

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Open Text Corporation received an amended Schedule 13G from FIL Limited and affiliated entities reporting a significant ownership position in its common stock. FIL Limited reports beneficial ownership of 19,135,000 shares of Open Text common stock, representing 7.9% of the class as of June 30, 2026.

FIL Limited has sole voting power and sole dispositive power over 19,135,000 shares, with no shared voting or dispositive power. Pandanus Partners, L.P. and Pandanus Associates, Inc., both organized in Delaware, are also listed with sole dispositive power over the same 19,135,000-share position. One or more other persons have rights to receive dividends or sale proceeds from these shares, but no single such person has an interest in more than five percent of Open Text’s outstanding common stock.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 19,135,000 shares Beneficial ownership of Open Text common stock reported by FIL Limited
Percent of class 7.9% Percentage of Open Text common stock class beneficially owned
Sole Voting Power 19,135,000.00 shares Shares over which FIL Limited has sole power to vote
Shared Voting Power 0.00 shares Shares over which FIL Limited has shared power to vote
Sole Dispositive Power 19,135,000.00 shares Shares over which FIL Limited has sole power to dispose
Shared Dispositive Power 0.00 shares Shares over which FIL Limited has shared power to dispose
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 19135000.00"
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.
Sole Voting Power financial
"5 | Sole Voting Power 19,135,000.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 19,135,000.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement."
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.
parent holding company financial
"If a parent holding company has filed this schedule"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What ownership stake in Open Text Corporation (OTEX) does FIL Limited report?

FIL Limited reports beneficial ownership of 19,135,000 shares of Open Text common stock, representing 7.9% of the outstanding class as of June 30, 2026.

Does FIL Limited have voting control over its Open Text (OTEX) shares?

FIL Limited reports sole voting power over 19,135,000 shares of Open Text common stock and no shared voting power, indicating it alone can direct how these shares are voted.

What dispositive power over Open Text (OTEX) shares does FIL Limited hold?

FIL Limited reports sole dispositive power over 19,135,000 shares of Open Text common stock and no shared dispositive power, meaning it alone can decide if and when to sell those shares.

Who else is listed with dispositive power over Open Text (OTEX) shares?

Pandanus Partners, L.P. and Pandanus Associates, Inc. each report sole dispositive power over 19,135,000 shares of Open Text common stock, with no shared voting or dispositive power reported.

Do other investors share in dividends from FIL Limited’s Open Text (OTEX) stake?

The filing states that one or more other persons have rights to receive dividends or sale proceeds from the Open Text shares, but no single person’s interest exceeds five percent of the total outstanding common stock.

What is the form type and purpose of this Open Text (OTEX) filing?

This is an amended Schedule 13G (Schedule 13G/A), used to report FIL Limited’s and related entities’ passive beneficial ownership of more than five percent of Open Text’s common stock.





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





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



FIL Limited
Signature:Stephanie J. Brown
Name/Title:Duly authorized under Power of Attorney effective as of December 19, 2022, by and on behalf of FIL Limited and its direct and indirect subsidiaries*
Date:08/05/2026
Pandanus Partners, L.P.
Signature:Stephanie J. Brown
Name/Title:Duly authorized under Power of Attorney effective as of December 19, 2022, by Pandanus Associates, Inc. on behalf of Pandanus Partners, L.P.*
Date:08/05/2026
Pandanus Associates, Inc.
Signature:Stephanie J. Brown
Name/Title:Duly authorized under Power of Attorney effective as of December 19, 2022, by and on behalf of Pandanus Associates, Inc.*
Date:08/05/2026

Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FIL Limited on January 31, 2023, accession number: 0000318989-23-000005.
Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.