Contrarius reports 702,768 shares (8.9%) of QVC Group

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

Rhea-AI Filing Summary

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

The filing states the two Contrarius entities are filing together because they may be deemed a "group" under section 13(d)(3). The filing also states other persons have the right to receive dividends or sale proceeds for these shares. Signatures dated 05/11/2026 appear on the amendment.

Insights

Institutional Ownership Analyst

Contrarius reports an 8.9% beneficial stake in QVC Group.

The schedule amendment shows Contrarius entities jointly report beneficial ownership of 702,768 shares of Series A Common Stock (CUSIP 74915M605). This is presented as a passive beneficial holding with shared voting and dispositive power.

Key dependencies include the statement that other persons hold rights to dividends or sale proceeds; timing and any trading intentions are not disclosed in the excerpt.

Corporate Governance Specialist

Filing flags group status and third‑party beneficial rights.

The amendment explains the two Contrarius entities "may be deemed to constitute a 'group'" under section 13(d)(3), which affects reporting attribution. Item 6 notes other persons have rights to dividends or proceeds on these shares.

Further detail about the identity of those third parties or any agreement terms is not included in the provided text.

Key Figures

Beneficial ownership: 702,768 shares Percent of class: 8.9% CUSIP: 74915M605 +3 more

6 metrics

Beneficial ownership 702,768 shares Series A Common Stock

Percent of class 8.9% Percent of Series A Common Stock

CUSIP 74915M605 Series A Common Stock identifier

Shared voting power 702,768 shares Item 4(c)(ii)

Shared dispositive power 702,768 shares Item 4(c)(iv)

Signature dates <date>05/11/2026</date> Signatures on the amendment

Key Terms

Schedule 13G/A, beneficially owned, group, shared voting power

4 terms

Schedule 13G/A regulatory

"Item 1. Name of issuer: QVC GROUP, INC.; header shows Amendment No. 7"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned regulatory

"Item 4. Ownership (a) 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.

group regulatory

"Item 8. Contrarius ... may be deemed to constitute a "group""

shared voting power financial

"Item 4(c)(ii) Shared power to vote: 702,768"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Contrarius report in QVC Group (QVCGA)?

Contrarius reports beneficial ownership of 702,768 shares of Series A Common Stock, equal to 8.9% of the class, as stated in Item 4 of the amendment.

Which Contrarius entities filed the Schedule 13G/A for QVC Group?

The filing was made by Contrarius Investment Management Limited (Jersey) and Contrarius Investment Management (Bermuda) Limited (Bermuda), with addresses listed in Item 2.

Do the filers report voting and dispositive power over the shares?

The filers report 0 sole voting/dispositive power and 702,768 shared voting and dispositive power, per Item 4(c)(i)-(iv).

Does the filing identify who receives dividends or sale proceeds?

Item 6 states that other persons have the right to receive dividends or proceeds for the 702,768 shares, but it does not list those persons in the provided excerpt.

Does Contrarius claim to be a group for SEC purposes?

The amendment states the two Contrarius entities "may be deemed to constitute a 'group'" under section 13(d)(3) and therefore are filing together, per Item 8.

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

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Accepted by SEC EDGAR 05/11/2026 - 07:14 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. 7)

QVC GROUP, INC.

(Name of Issuer)

SERIES A COMMON STOCK

(Title of Class of Securities)

74915M605

(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): 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:	05/11/2026

Contrarius Investment Management (Bermuda) Ltd

Signature:	/s/ Matt de Kock
Name/Title:	Matt de Kock / Director
Date:	05/11/2026