Sec Form 13G Filing - PUBLIC INVESTMENT FUND filing for LIVE NATION ENTERTAINMENT, INC (LYV) - 2024-02-14

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. 2)*
 
Live Nation Entertainment, Inc.
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
538034109
(CUSIP Number)
 
December 31, 2023
(Date of Event which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
[   ] Rule 13d-1(b)
[X] 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.: 538034109
 
 
 
 
1
NAME OF REPORTING PERSON
 
The Public Investment Fund
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)  [   ]
(b)  [   ]
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Kingdom of Saudi Arabia
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
12,565,167
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
12,565,167
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
12,565,167
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [  ]
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.5% (1)
12
TYPE OF REPORTING PERSON
 
OO
 
(1) Based on 230,325,360 shares of common stock of Live Nation Entertainment, Inc. (the “Issuer”) outstanding as of October 26, 2023, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on November 2, 2023.



 
 
 
ITEM 1(a).
NAME OF ISSUER:
 
 
 
Live Nation Entertainment, Inc. (the “Issuer”)
 
 
ITEM 1(b).
ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
 
 
 
9348 Civic Center Drive
Beverly Hills, CA 90210
 
 
ITEM 2(a).
NAME OF PERSON FILING:
 
 
 
The Public Investment Fund
 
 
ITEM 2(b).
ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
 
 
 
The Public Investment Fund
The Public Investment Fund Tower
King Abdullah Financial District (KAFD)
Al Aqiq District, Riyadh
Kingdom of Saudi Arabia
 
 
ITEM 2(c).
CITIZENSHIP:
 
 
 
The Public Investment Fund – Kingdom of Saudi Arabia
 
 
ITEM 2(d).
TITLE OF CLASS OF SECURITIES:
 
 
 
Common Stock, par value $0.01 per share (“Common Stock”)
 
 
ITEM 2(e).
CUSIP NUMBER:
 
 
 
538034109
 
 
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:
 
 
 
Not Applicable.




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:
 
 
The Public Investment Fund – 12,565,167
 
 
 
 
(b)
Percent of class:
 
 
The Public Investment Fund – 5.5%
 
 
 
 
(c)
Number of shares as to which the person has:
 
 
 
 
 
(i)      Sole power to vote or to direct the vote:
 
 
The Public Investment Fund – 12,565,167
 
 
 
(ii)     Shared power to vote or to direct the vote:
 
 
The Public Investment Fund – 0
 
 
 
(iii)    Sole power to dispose or to direct the disposition of:
 
 
The Public Investment Fund – 12,565,167
 
 
 
(iv)    Shared power to dispose or to direct the disposition of:
 
 
The Public Investment Fund – 0
 
The Public Investment Fund is the sovereign wealth fund of the Kingdom of Saudi Arabia.

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 [   ].
 
 
ITEM 6.
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
 
 
 
Not applicable.
 
 
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:
 
&# xA0;
 
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 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.
 

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:  February 14, 2024
 
 
THE PUBLIC INVESTMENT FUND
 
 
 
 
 
 
By:
/s/ H.E. Yasir Al-Rumayyan
 
 
Name:  
H.E. Yasir Al-Rumayyan
 
 
Title: 
Governor