Fin Posillipo S.p.A. and Raffaele Petrone jointly filed a Schedule 13G with the SEC on November 12, 2026, disclosing beneficial ownership of 20,301,194 ordinary shares of newcleo plc, representing 7.2% of the company's outstanding shares as of September 21, 2026.

Key Highlights

  • Beneficial ownership reported: Fin Posillipo S.p.A. and Raffaele Petrone each reported beneficial ownership of 20,301,194 ordinary shares of newcleo plc.
  • Ownership percentage: The 20,301,194 shares represent 7.2% of the class, calculated based on 281,534,950 ordinary shares issued and outstanding.
  • Share par value: The ordinary shares carry a par value of $0.02288 per share, with CUSIP number G6448L103.
  • Voting and dispositive power: Fin Posillipo S.p.A. holds sole voting and sole dispositive power over all 20,301,194 shares; Raffaele Petrone holds shared voting and shared dispositive power over the same shares.
  • Ultimate beneficial owner: According to the filing, Raffaele Petrone is the ultimate beneficial owner of Fin Posillipo S.p.A. and may be deemed to share voting and dispositive power by virtue of his control of that entity.
  • Disclaimer of ownership: The filing states that Raffaele Petrone "disclaims beneficial ownership of such Ordinary Shares, except to the extent of any pecuniary interest therein."
  • Triggering event date: The date of the event requiring this filing was September 21, 2026.

Fin Posillipo and Petrone Report Joint 7.2% Position in newcleo Ordinary Shares

According to the Schedule 13G filed on November 12, 2026, Fin Posillipo S.p.A., a corporation organized under the laws of Italy, holds of record 20,301,194 ordinary shares of newcleo plc (NASDAQ:NWCL). The filing states that Fin Posillipo S.p.A. exercises sole voting power and sole dispositive power over all 20,301,194 of those shares. The percentage of class is reported as 7.2%, calculated on the basis of 281,534,950 ordinary shares of newcleo plc issued and outstanding as of the date of the filing.

Raffaele Petrone, identified in the filing as the ultimate beneficial owner of Fin Posillipo S.p.A. and a citizen of Italy, is listed as a co-reporting person. The filing states that by virtue of his control of Fin Posillipo S.p.A., Petrone "may be deemed to share voting and dispositive power" over the 20,301,194 ordinary shares held of record by that entity. The filing further notes that Petrone "holds no Ordinary Shares of record" and that he disclaims beneficial ownership except to the extent of any pecuniary interest. Both reporting persons share the same address: Viale della Liberazione 111, 80125 Naples (NA), Italy.

The two reporting persons filed jointly pursuant to a Joint Filing Agreement, identified in the filing as Exhibit 99.1, in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934. The event that required the filing occurred on September 21, 2026. newcleo plc's principal executive offices are listed at 55 South Audley Street, London, United Kingdom, W1K 2QH.

What Was Disclosed

Fin Posillipo S.p.A. and Raffaele Petrone disclosed a combined beneficial ownership position of 20,301,194 ordinary shares of newcleo plc, equal to 7.2% of the outstanding class, via a jointly filed Schedule 13G triggered by an event dated September 21, 2026.