Sec Form 13G Filing - Pelham Capital Ltd. filing for Cazoo Group Ltd (CZOOF) - 2022-04-04

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

Cazoo Group Ltd
(Name of Issuer)

Class A Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)

G2007L105
(CUSIP Number)

Not Applicable
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No.: G2007L105
       
1
NAME OF REPORTING PERSON
Pelham Capital Ltd
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
6,000,000
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
6,000,000
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,000,000
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.8% (1)
12
TYPE OF REPORTING PERSON
CO

(1) Based on 759,451,810 shares of Class A Ordinary Shares of Cazoo Group Ltd (the “Issuer”) outstanding as of March 18, 2022, based on information provided by the Issuer.

CUSIP No.: G2007L105
       
1
NAME OF REPORTING PERSON
Ross Turner
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
6,000,000
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
6,000,000
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,000,000
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.8% (1)
12
TYPE OF REPORTING PERSON
IN

(1) Based on 759,451,810 shares of Class A Ordinary Shares of the Issuer outstanding as of March 18, 2022, based on information provided by the Issuer.

ITEM 1(a).
NAME OF ISSUER:
   
 
Cazoo Group Ltd (the "Issuer")
   
ITEM 1(b).
ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
   
 
41 Chalton Street, London, NW1 1JD, United Kingdom
   
ITEM 2(a).
NAME OF PERSON FILING:
   
 
Pelham Capital Ltd
Ross Turner
   
ITEM 2(b).
ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
   
 
Pelham Capital Ltd
Smithson Plaza
14th Floor
25 St. James's Street
London SW1A 1HA
United Kingdom
   
ITEM 2(c).
CITIZENSHIP:
   
 
Pelham Capital Ltd - England and Wales
Ross Turner - United Kingdom
   
ITEM 2(d).
TITLE OF CLASS OF SECURITIES:
   
 
Class A Ordinary Shares, par value $0.0001 per share ("Class A Ordinary Shares")
   
ITEM 2(e).
CUSIP NUMBER:
   
 
G2007L105
   
ITEM 3.
IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS A:
   
 
(a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c);
   
 
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
   
 
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
   
 
(d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
   
 
(e) [ ] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);
   
 
(f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);
   
 
(g) [X] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);
   
 
(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
   
 
(i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
   
 
(j) [X] A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J);
   
 
(k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K).
   
 
If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution: investment adviser regulated by the UK's Financial Conduct Authority.

ITEM 4.
OWNERSHIP:
   
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
     
 
(a)
Amount beneficially owned:
   
Pelham Capital Ltd - 6,000,000
Ross Turner - 6,000,000
  ;    
 
(b)
Percent of class:
   
Pelham Capital Ltd - 0.8%
Ross Turner - 0.8%
     
 
(c)
Number of shares as to which the person has:
     
   
(i) Sole power to vote or to direct the vote:
   
Pelham Capital Ltd - 6,000,000
Ross Turner - 6,000,000
     
   
(ii) Shared power to vote or to direct the vote:
   
Pelham Capital Ltd - 0
Ross Turner - 0
     
   
(iii) Sole power to dispose or to direct the disposition of:
   
Pelham Capital Ltd - 6,000,000
Ross Turner - 6,000,000
     
   
(iv) Shared power to dispose or to direct the disposition of:
   
Pelham Capital Ltd - 0
Ross Turner - 0

As of the date hereof, Pelham Long/Short Master Fund Ltd (“Pelham Master”) directly held 6,000,000 shares of the Issuer's Class A Ordinary Shares. Pelham Capital Ltd (the "Investment Manager") is the investment manager of Pelham Master, and pursuant to an investment management agreement, the Investment Manager has been delegated full voting and investment power over securities of the Issuer held by Pelham Master, by both Pelham Master and Pelham Capital Management Limited, the manager of Pelham Master. Ross Turner, the Chief Investment Officer of the Investment Manager, may be deemed to exercise voting and investment power over securities of the Issuer held by Pelham Master.







ITEM 5.
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
   
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
   
ITEM 6.
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
   
 
As disclosed in Item 4 of this Schedule 13G, Pelham Master directly holds 6,000,000 shares of the Issuer's Class A Ordinary Shares. Certain feeder funds that invest in Pelham Master may have the right to receive dividends from, and proceeds from, the sale of the Class A Ordinary Shares directly held by Pelham Master.
   
ITEM 7.
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
   
 
Not applicable.
   
ITEM 8.
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
   
 
Not applicable.
   
ITEM 9.
NOTICE OF DISSOLUTION OF GROUP:
   
 
Not applicable.
   
ITEM 10.
CERTIFICATION:
   
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
   
 
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to investment advisers is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution. I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: April 4, 2022

 
PELHAM CAPITAL LTD
     
 
By:
/s/ Fergus Lee
 
Name:
Fergus Lee
 
Title:
Compliance Officer
     
   
/s/ Ross Turner
   
ROSS TURNER