D2L Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:NE5 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
16 Sep 24	Sell€174,749	Jeremy Auger	Individual		20,300	€8.82
07 Jun 24	Buy€263,052	John Giffen	Individual		42,000	€6.26

Insider Buying: NE5 insiders have only sold shares in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top 25 shareholders own 81.37% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
51.4%	John Baker	27,957,189	€242.7m	0.18%	no data
10.8%	NewView Capital Management, LLC	5,880,001	€51.0m	0%	57.66%
5.27%	Burgundy Asset Management Ltd.	2,871,940	€24.9m	0%	0.21%
4.74%	OMERS Administration Corporation	2,579,000	€22.4m	-19.3%	0.19%
3.6%	FMR LLC	1,961,241	€17.0m	0%	no data
3.21%	PenderFund Capital Management Ltd.	1,748,444	€15.2m	31.5%	4.78%
0.9%	Pembroke Management Ltd.	491,543	€4.3m	0%	0.4%
0.31%	Jeremy Auger	168,305	€1.5m	-10.8%	no data
0.26%	Herald Investment Management Ltd.	143,242	€1.2m	0%	0.08%
0.17%	Stephen Laster	94,704	€822.0k	54.6%	no data
0.17%	Universitas Management, Inc.	94,209	€817.7k	0%	0.44%
0.14%	Norges Bank Investment Management	78,286	€679.5k	-0.37%	no data
0.097%	Anna Forgione	52,649	€457.0k	33.7%	no data
0.096%	John Giffen	52,000	€451.4k	420%	no data
0.052%	Josh Huff	28,122	€244.1k	66.9%	no data
0.041%	Venator Capital Management Ltd.	22,500	€195.3k	-27.2%	2.41%
0.028%	Tracy Edkins	15,000	€130.2k	0%	no data
0.025%	BlackRock, Inc.	13,346	€115.8k	4.09%	no data
0.022%	David Johnston	11,765	€102.1k	0%	no data
0.021%	Al Patel	11,472	€99.6k	237%	no data
0.02%	SEI Investments Management Corporation	11,129	€96.6k	0%	no data
0.014%	Robert Courteau	7,500	€65.1k	0%	no data
0.013%	Lee Poteck	7,233	€62.8k	1.97%	no data
0.0057%	Northwest & Ethical Investments L.P.	3,100	€26.9k	0%	no data
0.0029%	Hillsdale Investment Management Inc.	1,600	€13.9k	0%	no data