Filing Details

Accession Number:
0001085146-23-004607
Form Type:
13G Filing
Publication Date:
2023-12-25 19:00:00
Filed By:
Bank Of Nova Scotia
Company:
Open Text Corp (NASDAQ:OTEX)
Filing Date:
2023-12-26
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
The Bank of Nova Scotia 21,707,143 0 21,707,143 0 21,707,143 8%
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Open Text Corp.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
683715106
(CUSIP Number)
December 30, 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 Instructions).
CUSIP No.: 683715106
ITEM 1(a). NAME OF ISSUER:
Open Text Corp.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
275 FRANK TOMPA DRIVE, WATERLOO, ONTARIO CANADA, Ontario, Canada, N2L 0A1
ITEM 2(a). NAME OF PERSON FILING:
The Bank of Nova Scotia
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
40 Temperance Street, Toronto, Ontario, M5H 0B4
ITEM 2(c). CITIZENSHIP:
Canada
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Shares
ITEM 2(e). CUSIP NUMBER:
683715106
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)
[ ]
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:
g
ITEM 4. OWNERSHIP
(a) Amount beneficially owned:
21,707,143
(b) Percent of class:
8.0%
(c) Number of shares as to which the person has:
(i) sole power to vote or to direct the vote:
The Bank of Nova Scotia : 21,707,143
(ii) shared power to vote or to direct the vote:
The Bank of Nova Scotia : 0
(iii) sole power to dispose or direct the disposition of:
The Bank of Nova Scotia : 21,707,143
(iv) shared power to dispose or to direct the disposition of:
The Bank of Nova Scotia : 0
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:
One or more of the Reporting Persons subsidiaries (please see Item 7 below), has discretion over the investments held by certain funds and/or clients, as applicable in each case. Such funds/clients are entitled to receive any dividends from these securities and are also entitled to the proceeds received from their sale.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Jarislowsky, Fraser Limited - 3(e) ** Note: this entity holds greater than 5%
1832 Asset Management LP. - 3(j)+3(e)
MD Financial Management Inc. - 3(j)+3(e)
BNS Master Trust (Pensions) - 3(j)+3(f)
Scotia Inverlat Casa de Bolsa SA de CV - 3(j)+3(a)
Scotia Capital Inc. - 3(j)+3(a)
Scotia Fondos, S.A. de C.V., Sociedad Operadora de Fondos de Inversion, Grupo Financiero Scotiabank Inverlat - 3(j)+3(d)
The Bank of Nova Scotia Trust Company - PI with an aggregated position of <1%
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 foreign regulatory scheme applicable to insert particular category of institutional investor is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.