STOCK TITAN

Super Group holder reports 17.7% SGHC stake

Super Group (SGHC) Ltd received an updated Schedule 13D/A from a group of Isle of Man investment and trust entities reporting their ownership of the company’s Ordinary Shares.

(High)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Super Group (SGHC) Ltd received an updated Schedule 13D/A from a group of Isle of Man investment and trust entities reporting their ownership of the company’s Ordinary Shares. Chivers Limited, Chivers Trust and Waddle Limited together may be deemed to beneficially own 90,174,578 shares, representing 17.7% of the Ordinary Shares outstanding, based on 508,200,000 shares issued and outstanding.

On September 15, 2026, Waddle, as trustee of Chivers Trust, appointed Hoddle Trust as a beneficiary and distributed in specie 4,273,535 shares to Atla Trustees Limited as trustee of Hoddle. Hoddle is now the direct holder and beneficial owner of these 4,273,535 shares, with Hoddle and Atla each reporting shared voting and dispositive power over that block. The filing describes these entities as investment and lending vehicles and confirms shared voting and investment powers among them as outlined in the trust and shareholding arrangements.

Positive

  • None.

Negative

  • None.

Filing Explained

Hoddle and Atla share both rights over the transferred 4,273,535 shares; the original group’s disposition rights cover fewer shares than its voting rights.

The amendment records a completed holder-rights split: Hoddle and Atla share voting and dispositive power over 4,273,535 shares, while Chivers, Chivers Trust and Waddle share voting power over 90,174,578 and shared dispositive power over 82,476,349.

Hoddle is the direct holder of the transferred block and has no sole voting or dispositive power; the same no-sole-power structure applies to the Chivers entities, whose rights are shared through the reported trust relationships.

Beneficial ownership (Chivers/Chivers Trust/Waddle) 90,174,578 shares Ordinary Shares of Super Group (SGHC) Ltd, as of the amendment event
Beneficial ownership percentage (Chivers/Chivers Trust/Waddle) 17.7% Portion of 508,200,000 Ordinary Shares outstanding
Shared dispositive power (Chivers/Chivers Trust/Waddle) 82,476,349 shares Ordinary Shares over which shared dispositive power is reported
Beneficial ownership (Hoddle/Atla) 4,273,535 shares Ordinary Shares of Super Group (SGHC) Ltd held directly by Hoddle
Beneficial ownership percentage (Hoddle/Atla) 0.8% Portion of 508,200,000 Ordinary Shares outstanding
Shares outstanding 508,200,000 shares Ordinary Shares of Super Group (SGHC) Ltd issued and outstanding, per issuer information
In-specie distribution to Hoddle 4,273,535 shares Ordinary Shares distributed on September 15, 2026 to Atla as trustee of Hoddle
Event date September 15, 2026 Date of transaction triggering the Schedule 13D/A amendment
beneficially own financial
"may be deemed to beneficially own 90,174,578 Ordinary Shares of the Issuer"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power financial
"has the shared dispositive power over 82,476,349 Ordinary Shares"
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.
dividend in specie financial
"comprised assets received pursuant to a dividend in specie declared by Chivers"
trustee financial
"Waddle is the trustee of the Chivers Trust"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
in specie financial
"appoint and distribute in specie 4,273,535 Ordinary Shares of the Issuer"

FAQ

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

What percentage of Super Group (SGHC) Ltd (SGHC) is held by the Chivers group of entities?

Chivers Limited, Chivers Trust and Waddle Limited may be deemed to beneficially own 90,174,578 Ordinary Shares of Super Group (SGHC) Ltd, representing approximately 17.7% of the Ordinary Shares outstanding, based on 508,200,000 shares issued and outstanding.

How many SGHC shares are held by Hoddle Trust and Atla Trustees Limited?

Hoddle Trust and Atla Trustees Limited may be deemed to beneficially own 4,273,535 Ordinary Shares of Super Group (SGHC) Ltd, representing approximately 0.8% of the Ordinary Shares outstanding, based on 508,200,000 issued and outstanding shares.

What transaction occurred on September 15, 2026 involving SGHC shares?

On September 15, 2026, Waddle, as trustee of Chivers Trust, used its powers to appoint Hoddle as a beneficiary and distributed in specie 4,273,535 Ordinary Shares of Super Group (SGHC) Ltd to Atla as trustee of Hoddle, making Hoddle the direct holder of those shares.

Who ultimately benefits from the SGHC shares held by Chivers Trust and Hoddle Trust?

The filing states that Merrick Wolman is the beneficiary of both the Chivers Trust and Hoddle. He may receive dividends paid on the SGHC shares if passed up to the trusts and may ultimately receive any sale proceeds, in each case at the discretion of the respective trustees.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates





G8588X103

(CUSIP Number)
Basil Bielich
Ground Floor, Dorchester House, Belmont HIll, Douglas
Isle of Man, X0, IM1 4RE
44 (0) 1624 777406

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/15/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Chivers Limited
Signature:/s/ James McKenna
Name/Title:James McKenna/ Director
Date:09/17/2026
Chivers Trust
Signature:/s/ James McKenna
Name/Title:James McKenna/ Director
Date:09/17/2026
Waddle Limited
Signature:/s/ James McKenna
Name/Title:James McKenna/ Director
Date:09/17/2026
Hoddle Trust
Signature:/s/ James McKenna
Name/Title:James McKenna/ Director
Date:09/17/2026
Atla Trustees Limited
Signature:/s/ James McKenna
Name/Title:James McKenna/ Director
Date:09/17/2026

Keep reading