Orbis Investment Management Ltd - Nov 30, 2025 SCHEDULE 13G/A Report for National CineMedia, Inc. Common Stock, par value $0.01 per share (NCMI)

Filing Manager: Orbis Investment Management Ltd
Reporting Manager: ORBIS INVESTMENT MANAGEMENT LTD
Security: National CineMedia, Inc. Common Stock, par value $0.01 per share
Symbol: NCMI
Shares outstanding: 93.6M shares
Disclosed Ownership: 9.36M shares
Ownership: 10%
Form type: SCHEDULE 13G/A
Date filed: 12/5/2025, 11:27 AM
Date of event: Nov 30, 2025
Previous filing: Nov 14, 2025
SEC: View on sec.gov

Reporting Managers (2)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
ORBIS INVESTMENT MANAGEMENT LTD	10%	9.36M	9.36M	0	Matthew Gaarder	Attorney-in-Fact
Allan Gray Australia Pty Ltd	0.1%	85.7K	85.7K	0	Matthew Gaarder	Attorney-in-Fact