CUSIP No. 29260V105 | 13G | Page 2 of 5 Pages | |||||
1 | NAMES OF REPORTING PERSONS | ||||||
David Heron | |||||||
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 | |||||
1,713,238 | |||||||
6 | SHARED VOTING POWER | ||||||
0 | |||||||
7 | SOLE DISPOSITIVE POWER | ||||||
1,713,238 | |||||||
8 | SHARED DISPOSITIVE POWER | ||||||
0 | |||||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||
1,713,238 | |||||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ||||||
☐ | |||||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||||
7.9% | |||||||
12 | TYPE OF REPORTING PERSON | ||||||
IN | |||||||
CUSIP No. 29260V105 | 13G | Page 3 of 5 Pages | |
Item 1(a). | Name of Issuer: |
Item 1(b). | Address of Issuer's Principal Executive Offices: |
Item 2(a). | Name of Persons Filing: |
Item 2(b). | Address of Principal Business Office or, if None, Residence: |
Item 2(c). | Citizenship: |
Item 2(d). | Title of Class of Securities: |
Item 2(e). | CUSIP Number: 29260V105 |
Item 3. | If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: |
CUSIP No. 29260V105 | 13G | Page 4 of 5 Pages | ||||
Item 4. | Ownership. | |||||
(a) | As of December 31, 2019, Mr. Heron was the beneficial owner of 1,713,238 Class A Shares, of which 134,185 were held as Class B ordinary shares (“Class B Shares”) and 1,579,073 were held as Class C ordinary shares (“Class C Shares”) which, in each case, may be converted into Class A Shares within 60 days of December 31, 2019. Mr. Heron also holds an additional 536,742 Class B Shares which are not convertible into Class A Shares within 60 days of December 31, 2019, and accordingly are not included in the shares beneficially owned by Mr. Heron as of December 31, 2019. By their terms, the Class C Shares will be redesignated as Class A Shares on July 26, 2020. The Class B Shares will become convertible into Class A Shares not later than July 26, 2023. | |||||
(b) | Percent of Class: 7.9%, which is based on a total of 19,942,653 total Class A Shares outstanding as of December 31, 2019. Mr. Heron’s holdings represent 3.2% of the total voting power of the Issuer, with all outstanding Class A Shares, Class B Shares and Class C Shares voting as a single class. Each Class A Share and each Class C Share is entitled to one vote per share and each Class B Share is entitled to ten votes per share. | |||||
(c) | Number of shares as to which such person has: | |||||
(i) | sole power to vote or to direct the vote: 1,713,238 | |||||
(ii) | shared power to vote or to direct the vote: 0 | |||||
(iii) | sole power to dispose or to direct the disposition: 1,713,238 | |||||
(iv) | shared power to dispose or to direct the disposition: 0 | |||||
Item 5. | Ownership of Five Percent or Less of a Class. |
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Item 7. | Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. |
Item 8. | Identification and Classification of Members of the Group. |
Item 9. | Notice of Dissolution of Group. |
Item 10. | Certification. |
CUSIP No. 29260V105 | 13G | Page 5 of 5 Pages |