0000913849-19-000425.txt : 20191206 0000913849-19-000425.hdr.sgml : 20191206 20191206160947 ACCESSION NUMBER: 0000913849-19-000425 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20191206 DATE AS OF CHANGE: 20191206 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Alithya Group Inc CENTRAL INDEX KEY: 0001734520 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 000000000 STATE OF INCORPORATION: A8 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90709 FILM NUMBER: 191273212 BUSINESS ADDRESS: STREET 1: 2400-700 RUE DE LA GAUCHETIERE O CITY: MONTREAL STATE: A8 ZIP: H3B5M2 BUSINESS PHONE: 1-514-285-5552 MAIL ADDRESS: STREET 1: 2400-700 RUE DE LA GAUCHETIERE O CITY: MONTREAL STATE: A8 ZIP: H3B5M2 FORMER COMPANY: FORMER CONFORMED NAME: 9374-8572 QUEBEC INC. DATE OF NAME CHANGE: 20180314 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CLARET ASSET MANAGEMENT Corp CENTRAL INDEX KEY: 0001735513 IRS NUMBER: 000000000 STATE OF INCORPORATION: A8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2000 MCGILL COLLEGE AVENUE STREET 2: SUITE 1150 CITY: MONTREAL STATE: A8 ZIP: H3A 3N4 BUSINESS PHONE: 514-842-6110 MAIL ADDRESS: STREET 1: 2000 MCGILL COLLEGE AVENUE STREET 2: SUITE 1150 CITY: MONTREAL STATE: A8 ZIP: H3A 3N4 SC 13G/A 1 sc13ga_120419.htm SCHEDULE 13G/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
__________
SCHEDULE 13G

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

Alithya Group Inc.
(Name of Issuer)
Class A subordinate voting stock
(Title of Class of Securities)
01643B106
(CUSIP Number)
November 30, 2019
(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)
 ☐ 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. 01643B106
13G
Page   2   of   5   Pages



1.
NAME OF REPORTING PERSON
 
Claret Asset Management Corporation
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐
(b) ☐
 
3.
SEC USE ONLY
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION

Canada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
5.
SOLE VOTING POWER

6,110,389
6.
SHARED VOTING POWER

—
7.
SOLE DISPOSITIVE POWER

6,110,389
8.
SHARED DISPOSITIVE POWER

—
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

6,110,389
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

12.59%
12.
TYPE OF REPORTING PERSON

IA


CUSIP No. 01643B106
13G
Page   3   of   5   Pages

Item 1(a).
Name of Issuer:
 
Alithya Group Inc.
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
700 De La Gauchetière Street West, Suite 2400, Montreal, Quebec, Canada H3B SM2
Item 2(a).
Name of Person Filing:
 
Claret Asset Management Corporation (“CAMC”)
Item 2(b).
Address of Principal Business Office or, if none, Residence:
 
2000 McGill College Avenue, Suite 1150, Montreal, Quebec, Canada H3A 3N4
Item 2(c).
Citizenship:
 
Quebec, Canada
Item 2(d).
Title of Class of Securities:
 
Class A subordinate voting stock (the “Common Shares”)
Item 2(e).
CUSIP Number:
 
01643B106
Item 3.
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), indicate type of person filing.

☒ An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
Item 4.
Ownership.
 
(a)
Amount beneficially owned:  6,110,389
 
(b)
Percent of class: 12.59%
 
(c)
Number of shares as to which such person has:
   
(i) Sole power to vote or direct the vote: 6,110,389
   
(ii) Shared power to vote or direct the vote:  —
   
(iii) Sole power to dispose or to direct the disposition of:  6,110,389
   
(iv) Shared power to dispose or to direct the disposition of:  —
 
Percent of class is based on (i) the number of Common Shares that may be deemed to be beneficially owned by CAMC as of November 30, 2019, and (ii) 48,526,643 Common Shares issued and outstanding as of September 30, 2019.
Item 5.
Ownership of Five Percent or Less of a Class.
 
Not applicable.



CUSIP No. 01643B106
13G
Page   4   of   5   Pages


Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
 
Other persons have the right to receive proceeds from the sale of securities reflected herein.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
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.
Certifications.
 
By signing below, the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and 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.
 


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: December 6, 2019
Claret Asset Management Corporation


By: /s/Monique Gravel                                        
Name: Monique Gravel
Title:  Chief Executive Officer