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Filing Details

Accession Number:: 0001104659-20-074263
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-06-17 18:29:14
Reporting Period:: 2020-06-15

Accepted Time:: 2020-06-17 18:29:14
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1692412	Playa Hotels & Resorts N.v.	PLYA	Hotels & Motels (7011)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1720021	Sagicor Financial Co Ltd.	Cecil F De Caires Building Wildey, St. Michael C8 BB15096		No	No	Yes	No
1744938	Sagicor Financial Corp Ltd	Cecil F De Caires Building, Wildey St. Michael C8 BB15096		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Ordinary Shares, Par Value (Euro) 0.10 Per Share	Acquisiton	2020-06-15	1,500,000	$3.97	21,500,000	No	4	P	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnotes

Footnotes

These shares are directly held by Sagicor Financial Corporation Limited ("Old Sagicor"), and have been disclosed on a separate Form 3 filed by Old Sagicor on June 17, 2020.
The price reflected in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.76 to $4.00 per share. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
The 21,500,000 ordinary shares (the "Reported Shares") reflected in column 5 are beneficially owned by Sagicor Financial Company Ltd. ("New Sagicor") as follows: 1,500,000 of such Reported Shares held directly by Old Sagicor, a wholly owned direct subsidiary of the New Sagicor, and 20,000,000 of such Reported Shares are held directly by Jamziv Mobay Jamaica Portfolio Limited, a special-purpose entity formed for the purpose of acquiring such previously acquired ordinary shares (the "Prior-Held Shares") ("JMJPL"). JMJPL is 51.86% owned directly by the Sagicor Real Estate X Fund Limited ("X Fund"), an international business company incorporated under the International Business Companies Act, 1999 (as amended) of Saint Lucia. The X Fund group's combined shareholding of JMJPL is 60.81%, as X Fund Properties Limited, a wholly owned subsidiary of X Fund, holds 8.95% of JMJPL. (continued in footnote 4)
(continued from footnote 3) X Fund is 52.73% owned by the Sagicor Pooled Investment Funds Limited ("SPIF"), which has delegated investment management authority over its assets reported herein to Sagicor Life Jamaica Limited ("SLJ"). SLJ holds voting and dispositive control over the assets of SPIF including the Prior-Held Shares. JCSD Trustee Services Limited, a company incorporated under the laws of Jamaica ("JCSD"), owns 39.19% of JMJPL as trustee for Sigma Real Estate Portfolio, a portfolio of the Sagicor Sigma Global Funds, a collective investment scheme. JCSD does not have voting and dispositive power over the Prior-Held Shares held by JMJPL and has appointed Sagicor Investments Jamaica Limited, a company formed under the laws of Jamaica ("SIJ") as its investment manager, providing SIJ with voting and dispositive power over the Prior-Held Shares directly held by JMJPL. (continued in footnote 5)
(continued from footnote 4). SIJ has delegated to SLJ its investment management authority over Prior-Held Shares reported herein, which delegation may be terminated. Accordingly, SLJ shares voting and dispositive power over these Prior-Held Shares with SIJ. New Sagicor, through its ownership interest in Old Sagicor (which in turn is an owner of Sagicor Group Jamaica Limited (the parent company of each of SIJ and SLJ)), is the ultimate controlling person of SLJ and SIJ with respect to the beneficial ownership of the Prior-Held Shares reported herein. Each of New Sagicor and Old Sagicor disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein.