SEC Form 3 · accession 0001144204-18-037882
Playa Hotels & Resorts N.V. · PLYA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Sagicor Financial Corp Ltd
10% Owner
Sagicor Life Jamaica Ltd
10% Owner
Jamziv Mobay Jamaica Portfolio Ltd
10% Owner
Sagicor Investments Jamaica Ltd
10% Owner
Period of report
Jun 1, 2018
Accepted (ET)
Jul 10, 2018 · 5:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001692412
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares, par value (euro)0.10 per shareF1,F2 | holding | — | — | — | 20,000,000 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are held directly by Jamziv Mobay Jamaica Portfolio Limited, a special-purpose entity formed for the purpose of acquiring the Ordinary Shares reported herein ("JMJPL"). JCSD Trustees Services Limited, a company incorporated under the laws of Jamaica ("JCSD"), owns 62% of JMJPL as trustee for Sigma Real Estate Portfolio, a portfolio of the Sagicor Sigma Global Funds, a collective investment scheme. JCSD does not have voting and dispositve power over the Ordinary Shares held by JMJPL and has appointed SIJ as its investment manager, providing SIJ with voting and dispositive power over the Ordinary Shares directly held by JMJPL. SIJ has delegated to SLJ its investment management authority over Ordinary Shares reported herein, which delegation may be terminated.
- F2Accordingly, SLJ shares voting and dispositive power over these Ordinary Shares with SIJ. Sagicor Financial Corporation Limited ("SFC"),through its ownership interest in Sagicor Group Jamaica Limited (the parent company of each of SIJ and SLJ), is the ultimate controlling person of SLJ and SIJ with respect to the beneficial ownership of the Ordinary Shares reported herein. Each of SFC, SLJ, SIJ and JMJPL disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein.