Home > Insider Trading > Latest 13D and 13G Filings > 13G Filing (0001104659-25-001583)

Filing Details

Accession Number:: 0001104659-25-001583
Form Type:: 13G Filing
Publication Date:: 2025-01-06 19:00:00

Filed By:: Investmentaktiengesellschaft fur langfristige Investoren TGV
Company:: Tucows Inc (NASDAQ:TCX)
Filing Date:: 2025-01-07
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	Beneficially Owned Number of Shares	Beneficially Owned Number of Aggregate Shares	Percent of Class
Investmentaktiengesellschaft fur langfristige Investoren TGV	0	0	0.0%
Ewald Stephan	0	0	0.0%

Filing

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 8)

Tucows Inc.

(Name of Issuer)

Common Stock, no par value

(Title of Class of Securities)

898697206

(CUSIP Number)

12/31/2024

(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)

SCHEDULE 13G

CUSIP No.

898697206

Names of Reporting Persons

Investmentaktiengesellschaft fur langfristige Investoren TGV

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

GERMANY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

0.0 %

Type of Reporting Person (See Instructions)

FI, OO

SCHEDULE 13G

CUSIP No.

898697206

Names of Reporting Persons

Ewald Stephan

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

GERMANY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

0.0 %

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

Tucows Inc.

(b)

Address of issuer's principal executive offices:

96 Mowat Avenue Toronto, Ontario, Canada, M6K 3M1

Item 2.

(a)

Name of person filing:

This statement (this "Statement") is being filed by: (1) Investmentaktiengesellschaft fur langfristige Investoren TGV (the "Umbrella Company"); and (2) Ewald Stephan (collectively, the "Reporting Persons"). The Umbrella Company is organized in Germany as an umbrella investment company with sub-funds. The Umbrella Company is registered with Bundesanstalt fur Finanzdienstleistungsaufsicht (governmental authority) under the Kapitalanlagegesetzbuch (KAGB) (regulatory scheme). Ewald Stephan has discretionary investment authority over the assets of the Umbrella Company. Norman Rentrop holds 100% of the voting rights of the Umbrella Company. Until December 27, 2024, the following five sub-funds of the Umbrella Company directly owned the Common Stock reported in this Schedule 13G: (i) Teilgesellschaftsvermoegen Langfrist 1 ("Sub-fund 1"); (ii) Teilgesellschaftsvermoegen Truffle ("Sub-fund 2"); (iii) Teilgesellschaftsvermoegen Partners Fund ("Sub-fund 3"); (iv) Teilgesellschaftsvermoegen Compound Interest ("Sub-fund 4"); and (v) Teilgesellschaftsvermoegen Rubicon Stockpicker Fund ("Sub-fund 5"). On December 27, 2024, the shares of Common Stock held by Sub-fund 2, Sub-fund 3, Sub-fund 4 and Sub-fund 5 were transferred to entities managed by an unaffiliated capital management company. On December 30, 2024, Sub-fund 1 distributed its shares of Common Stock to Mr. Rentrop in connection with the closing of Sub-fund 1 on such date. Mr. Rentrop was previously a Reporting Person hereunder, but is no longer a Reporting Person hereunder, having determined, as of December 30, 2024, to begin filing separately on his own Schedule 13G.

(b)

Address or principal business office or, if none, residence:

The principal business office of the Reporting Persons is Rungsdorfer Strasse 2e, 53173 Bonn, Germany.

(c)

Citizenship:

For citizenship information see Item 4 of the cover page of each Reporting Person.

(d)

Title of class of securities:

Common Stock, no par value

(e)

CUSIP No.:

898697206

Item 3.

If this statement is filed pursuant to §§ 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 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)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

For the Umbrella Company, an umbrella investment company with sub-funds registered with Bundesanstalt fur Finanzdienstleistungsaufsicht (governmental authority) under the Kapitalanlagegesetzbuch (KAGB) (regulatory scheme).

Item 4.

Ownership

(a)

Amount beneficially owned:

See Item 9 on the cover page for each Reporting Person, which information is given as of the closing of Sub-fund 1 on December 30, 2024 and remains accurate as of the close of business on the Event Date of December 31, 2024.

(b)

Percent of class:

See Item 11 on the cover page for each Reporting Person, which information is given as of the closing of Sub-fund 1 on December 30, 2024 and remains accurate as of the close of business on the Event Date of December 31, 2024.

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

See Item 5 on the cover page for each Reporting Person, which information is given as of the closing of Sub-fund 1 on December 30, 2024 and remains accurate as of the close of business on the Event Date of December 31, 2024.

(ii) Shared power to vote or to direct the vote:

See Item 6 on the cover page for each Reporting Person, which information is given as of the closing of Sub-fund 1 on December 30, 2024 and remains accurate as of the close of business on the Event Date of December 31, 2024.

(iii) Sole power to dispose or to direct the disposition of:

See Item 7 on the cover page for each Reporting Person, which information is given as of the closing of Sub-fund 1 on December 30, 2024 and remains accurate as of the close of business on the Event Date of December 31, 2024.

(iv) Shared power to dispose or to direct the disposition of:

See Item 8 on the cover page for each Reporting Person, which information is given as of the closing of Sub-fund 1 on December 30, 2024 and remains accurate as of the close of business on the Event Date of December 31, 2024.

Item 5.

Ownership of 5 Percent or Less of a Class.

Ownership of 5 percent or less of a class

Item 6.

Ownership of more than 5 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 or Control Person.

If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

See Exhibit 2.

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 I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are 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, other than activities solely in connection with a nomination under ?? 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to investment companies (being Kapitalanlagegesetzbuch (KAGB)) 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.

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.

Investmentaktiengesellschaft fur langfristige Investoren TGV

Signature:	/s/ Ewald Stephan
Name/Title:	Ewald Stephan/CEO
Date:	01/07/2025

Ewald Stephan

Signature:	/s/ Ewald Stephan
Name/Title:	Ewald Stephan
Date:	01/07/2025

Exhibit Information

Exhibit No. 1: Joint Filing Agreement (revised) Exhibit No. 2: Identity and Item 3 Classification of Subsidiaries (per Item 7 of Schedule 13G) (previously filed)