Key facts
- This page summarizes Resource Group International Ltd's Form 4 filing for IBEX Ltd (IBEX).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Nov 2024, 16:24.
Resource Group International Ltd - 19 Nov 2024 Form 4 Insider Report for IBEX Ltd (IBEX)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- IBEX
- Reported as of
- 19 Nov 2024
- Net transaction value
- -$70,000,001
- SEC form
- 4
- Accepted by SEC
- 21 Nov 2024, 16:24:10 UTC
- Prior SEC filing
- 12 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Pat Costello, General Counsel, The Resource Group International Limited
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Resource Group International Ltd filed Form 4 for IBEX Ltd (IBEX) on 21 Nov 2024.
Change
- Previous filing in this sequence was filed on 12 Nov 2024.
- Current net transaction value: -$70,000,001.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IBEX
transaction
Common Shares
Disposed to Issuer
- Transaction value
- $70,000,001
- Shares
- -3,562,341
- Change %
- -67%
- Price
- $19.65
- Shares after
- 1,731,574
- Date
- 19 Nov 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
IBEX
transaction
Derivative
Convertible Promissory Note
Award
- Transaction value
- Shares
- +1,908,397
- Change %
- Price
- Shares after
- 1,908,397
- Date
- 19 Nov 2024
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- Exercise price
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On November 19, 2024, Ibex Limited (the "Issuer") repurchased an aggregate of 3,562,341 of the Issuer's common shares ("Issuer Shares") beneficially owned by The Resource Group International Limited ("TRGI") in a transaction (the "Repurchase") exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 thereunder.
Footnote F2
The Issuer paid a portion of the consideration for the Repurchase in the form of a convertible promissory note issued to TRGI (the "Note") that was exempt from Section 16 of the Exchange Act pursuant to Rule 16b-3. The Note has no fixed maturity date and may be prepaid by the Issuer at any time without penalty. TRGI may elect to convert all of the then unpaid principal and accrued but unpaid interest under the Note (the "Conversion Amount"), in whole but not in part, into Issuer Shares at any time during the 15 days following November 18, 2025 and during the 15 days following each six month anniversary of November 18, 2025. The number of Issuer Shares to be issued upon conversion is equal to the Conversion Amount divided by a price equal to the volume weighted average trading price of an Issuer Share during the thirty trading days immediately prior to the date of such conversion, provided such price shall in no event be less than $13.10 or more than $19.65.