This amendment No. 13 to Schedule 13D amends and supplements the Schedule 13D filed on March 24, 2017, as amended prior to the date of this amendment (as so amended, the “Original Schedule 13D”), by (i) M&G Investment Management Limited, a company incorporated under the laws of England and Wales (“M&G Investment Management”), (ii) M&G Global Dividend Fund, an Open-Ended Investment Company, with variable capital, incorporated under the laws of England and Wales (“Dividend Fund”), and (iii) M&G (Lux) Investment Funds 1, a Société d’Investissement à Capital Variable, incorporated under the laws of Luxembourg (“Lux Investment Funds”, together with M&G Investment Management and Dividend Fund, the “Reporting Persons”). Capitalized terms used but not defined in this amendment shall have the meanings set forth in the Original Schedule 13D.
Item 1. Security and Issuer.
This statement relates to the shares of common stock of Methanex Corp, a British Columbia corporation (the “Issuer”). The address of the principal executive offices is:
1800 Waterfront Centre, 200 Burrard Street, Vancouver, BC, V6C 3M1, Canada
Item 2. Identity and Background.
Not Applicable.
Item 3. Source or Amount of Funds or Other Consideration.
Not Applicable.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following information:
On March 25, 2019, the Reporting Persons delivered a notice of nomination to the Board of Directors of the Issuer to nominate four directors for election at the annual meeting of the Issuer on April 25, 2019. The full text of the accompanying press release that was issued in connection with delivering the notice of nomination is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
Item 5. Interest in Securities of the Issuer.
(a) | M&G Investment Management Limited (MAGIM) beneficially own 14,308,782 shares of Common Stock, which represents approximately 18.78% of 76,196,080 outstanding shares of Common Stock of Methanex, as published by the Issuer on January 29, 2020. |
(b) | M&G Investment Management has sole voting and investment discretion with respect to the shares. |
(c) | The table below details all transactions since the last 13D filed, on behalf of the Reporting Persons identified above on March 06, 2020, until the date of this filing. |
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Acquirer/Disposer | | Trade Date | | Transaction Type | | Amount of Shares | | Price Per Share | | Where/How Effected |
M&G Investment Management Limited | | 06-Mar-2020 | | BUY | | 54,000 | | $24.52 | | On Market |
M&G Investment Management Limited | | 06-Mar-2020 | | BUY | | 21,000 | | $24.52 | | On Market |
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