Contrarius Investment Management (QVCAQ) discloses 8.9% QVC Group stake on Schedule 13G/A

Rhea-AI Filing Summary

Contrarius Investment Management Limited and Contrarius Investment Management (Bermuda) Limited report beneficial ownership of QVC Group, Inc. Series A Common Stock on an amended Schedule 13G. They collectively report beneficial ownership of 702,768 shares, representing 8.9% of the class as of June 30, 2026.

The shares are reported with shared voting power and shared dispositive power over 702,768 shares, and no sole voting or dispositive power. The two Contrarius entities state they may be deemed to constitute a “group” under section 13(d)(3) of the Exchange Act, and other persons have rights to receive dividends or sale proceeds from these shares.

Key Figures

Shares beneficially owned: 702,768 shares Percent of class: 8.9% Shared voting power: 702,768 shares +2 more

5 metrics

Shares beneficially owned 702,768 shares Series A Common Stock of QVC Group, Inc. reported by Contrarius entities

Percent of class 8.9% Ownership percentage of QVC Group, Inc. Series A Common Stock

Shared voting power 702,768 shares Shares over which Contrarius entities share voting power

Shared dispositive power 702,768 shares Shares over which Contrarius entities share dispositive power

Event date 06/30/2026 Date associated with the reported ownership position

Key Terms

beneficially owned, shared voting power, shared dispositive power, Schedule 13G, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: 702,768"

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 voting power financial

"Shared Voting Power 702,768.00"

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.

shared dispositive power financial

"Shared Dispositive Power 702,768.00"

Schedule 13G regulatory

"information that would otherwise be disclosed in a Schedule 13D."

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.

section 13(d)(3) regulatory

"constitute a "group" for the purposes of section 13(d)(3) of the Act."

FAQ

What percentage of QVCAQ does Contrarius Investment Management report owning in this Schedule 13G/A?

Contrarius Investment Management Limited and Contrarius Investment Management (Bermuda) Limited report beneficial ownership of 8.9% of the class of QVC Group, Inc. Series A Common Stock, representing 702,768 shares as disclosed in the ownership section.

How many QVC Group (QVCAQ) shares does Contrarius beneficially own according to this filing?

The Contrarius entities report beneficial ownership of 702,768 shares of QVC Group, Inc. Series A Common Stock. These shares are held with shared voting and shared dispositive power, and no sole voting or dispositive authority is reported.

What voting and dispositive powers do the Contrarius entities have over QVCAQ shares?

Contrarius reports 0 shares with sole voting or dispositive power and 702,768 shares with shared voting power and shared dispositive power. This means decisions on voting and disposition are shared rather than controlled individually.

Are Contrarius Investment Management entities considered a group in this QVCAQ Schedule 13G/A?

Contrarius Investment Management Limited and Contrarius Investment Management (Bermuda) Limited state they are together making the filing because they may be deemed to constitute a “group” for purposes of section 13(d)(3) of the Exchange Act.

Do other persons have economic rights in the QVCAQ shares reported by Contrarius?

Yes. The filing states that other persons have the right to receive and to direct the receipt of dividends or sale proceeds from the 702,768 shares of QVC Group, Inc. Series A Common Stock beneficially owned by the Contrarius entities.

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Available on EDGAR 08/11/2026 - 01:04 PM Accepted by SEC EDGAR 08/11/2026 - 01:02 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 8)

QVC GROUP, INC.

(Name of Issuer)

SERIES A COMMON STOCK

(Title of Class of Securities)

74915M605

(CUSIP Number)

06/30/2026

(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): 74915M605

1

Names of Reporting Persons

Contrarius Investment Management Ltd

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

JERSEY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 702,768.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 702,768.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

702,768.00

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)

8.9 %

12

Type of Reporting Person (See Instructions)

FI

Comment for Type of Reporting Person: Equivalent to IA

SCHEDULE 13G

CUSIP Number(s): 74915M605

1

Names of Reporting Persons

Contrarius Investment Management (Bermuda) Ltd

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

BERMUDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 702,768.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 702,768.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

702,768.00

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)

8.9 %

12

Type of Reporting Person (See Instructions)

FI

Comment for Type of Reporting Person: Equivalent to IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: QVC GROUP, INC.
(b)	Address of issuer's principal executive offices: 1200 Wilson Dr., West Chester, Pennsylvania 19380
Item 2.
(a)	Name of person filing: Contrarius Investment Management Limited and Contrarius Investment Management (Bermuda) Limited
(b)	Address or principal business office or, if none, residence: Contrarius Investment Management Limited - 2 Bond Street, St Helier, Jersey, JE2 3NP, Channel Islands. Contrarius Investment Management (Bermuda) Limited - Waterloo House 100 Pitts Bay Road, Pembroke, HM 08 Bermuda
(c)	Citizenship: Contrarius Investment Management Limited is a company organized under the laws of Jersey, Channel Islands. Contrarius Investment Management (Bermuda) Limited is a company organized under the laws of Bermuda.
(d)	Title of class of securities: SERIES A COMMON STOCK
(e)	CUSIP No.: 74915M605
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).
	Equivalent to IA.
Item 4.	Ownership
(a)	Amount beneficially owned: 702,768
(b)	Percent of class: 8.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 702,768
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 702,768
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.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Other persons have the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, the 702,768 shares of Series A Common Stock of QVC Group, Inc. beneficially owned by Contrarius Investment Management Limited and Contrarius Investment Management (Bermuda) Limited.
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.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Contrarius Investment Management Limited and Contrarius Investment Management (Bermuda) Limited are together making this filing because they may be deemed to constitute a "group" for the purposes of section 13(d)(3) of the Act.
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 acquired and are held in the ordinary course of business and 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. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Contrarius Investment Management Limited and Contrarius Investment Management (Bermuda) Limited is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

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.

Contrarius Investment Management Ltd

Signature:	/s/ Thomas Daniel Perkins
Name/Title:	Thomas Daniel Perkins / Director
Date:	08/11/2026

Contrarius Investment Management (Bermuda) Ltd

Signature:	/s/ Matt de Kock
Name/Title:	Matt de Kock / Director
Date:	08/11/2026