Filing Details
- Accession Number:
- 0001325447-23-000007
- Form Type:
- 13G Filing
- Publication Date:
- 2023-02-08 19:00:00
- Filed By:
- First Eagle Investment Management
- Company:
- Fomento Economico Mexicano S (NYSE:FMX)
- Filing Date:
- 2023-02-09
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
First Eagle Investment Management | 109,899,932 | 5.08% |
Filing
UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
(RULE 13d-102)
Information to be included in statements filed
pursuant to Rule 13d-1 (b) (c) and (d) and Amendments thereto
filed pursuant to Rule 13d-2 (b).
Fomento Economico Mexicano SAB de CV (Mexican Economic Development Inc)
(Name of Issuer)
Common shares
(Title of Class of Securities)
344419106
(CUSIP/SEDOL Number)
December 31, 2022
(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).
SCHEDULE 13G
Issuer: Fomento Economico Mexicano SAB de CV (Mexican Economic Development Inc)
CUSIP No.: 344419106
ITEM 1
(a) Name of Issuer: Fomento Economico Mexicano SAB de CV
(Mexican Economic Development Inc)
(b) Address of Issuer's Principal Executive Offices:
General Anaya No 601 Pte, Colonia Bella Vista
Monterrey, N.L., Mexico, 64410
ITEM 2
(a) Name of Person Filing: First Eagle Investment Management, LLC
(b) Address of Principal Business Office:
1345 Avenue of the Americas
New York, NY 10105
(c) Citizenship: Delaware, USA
(d) Title of Class of Securities:
Common Stock
(e) CUSIP No.: 344419106
ITEM 3
If this statement is filed pursuant to Sections 240.
13d-1(b), or 240.13d-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. 78o);
(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 if 1940
(15 U.S.C. 80a-8);
(e) [X] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Section 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 insurance company under Section 3 (c)(14) of
the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with section 240.13d-1 (b)(1)(ii)(J).
SCHEDULE 13G
Issuer: Fomento Economico Mexicano SAB de CV (Mexican Economic Development Inc)
CUSIP No.: 344419106
ITEM 4. Ownership.
See cover page.
ITEM 5. Ownership of Five Percent or Less of a Class.
N/A
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Securities reported on this Schedule 13G as being beneficially owned
by First Eagle Investment Management, LLC are held by or at the direction
of First Eagle Investment Management, LLC and/or one or more of its investment
adviser subsidiaries, which may include First Eagle Separate Account
Management, LLC, principally on behalf of investment advisory clients, which
may include investment companies registered under the Investment Company Act,
employee benefit plans, pension funds, other institutional clients, or
separate accounts, but sometimes for its own account.
First Eagle Investment Management, LLC (FEIM), an investment adviser
registered under Section 203 of the Investment Advisers Act of 1940,
is deemed to be the beneficial owner of 109,899,932 shares, or 5.08%
of the common stock believed to be outstanding as a result of
acting as investment adviser to various clients. The shares are held
in the form of 10,989,993 American Depository Receipts ("ADRs"), with
each ADR representing 10 shares of common stock. Clients of FEIM
have the right to receive and the ultimate power to direct the
receipt of dividends from, or the proceeds of the sale of, such
securities.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL
PERSON.
N/A
ITEM 8. Identification and Classification of Members of the Group.
N/A
ITEM 9. Notice of Dissolution of Group
N/A
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 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 such securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose
of effect, other than activities solely in connection with a nomination
under 240.14a-11.
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 10, 2023
Signature: /s/ David O'Connor
Name/Title: David O'Connor, Senior Vice President