Item 1(a).

 

Name of Issuer

 

 

 

 

 

PRA Group, Inc.

 

 

 

Item 1(b).

 

Address of Issuer's Principal Executive Offices

 

 

 

 

 

120 Corporate Boulevard

 

 

Norfolk, Virginia 23502

 

 

 

Item 2(a).

 

Name of Person Filing

 

 

 

 

Each Peporting Person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. Each Reporting Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such Reporting Person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act) with any other person as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any syndicate or group with respect to the issuer or any securities of the issuer.

 

 

Item 2(b).

 

Address of Principal Business Office or, if None, Residence

 

 

 

 

 

4 King Street West, Suite 1300

 

 

Toronto, Ontario M5H 1B6 Canada

 

 

 

Item 2(c).

 

Citizenship

 

 

 

 

 

Canada

 

 

 

Item 2(d).

 

Title of Class of Securities

 

 

 

 

 

Common Stock

 

 

 

Item 2(e).

 

CUSIP Number

 

 

 

 

 

69354N106

 

 

 

Item 3.

 

If This Statement is Filed Pursuant to Rule 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. 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 Rule 240.13d-1(b)(1)(ii)(E);

 

 

(f)

☐

An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F);

 

 

(g)

☐

A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G);

 

 

(h)

☐

A savings association 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 Rule 240.13d-1(b)(1)(ii)(J);

 

 

(k) 

☐

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

 

 

 

 

 

If filing in accordance with  Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:  N/A

 

 

 

Item 4(a).

 

Amount Beneficially Owned

 

 

 

 

 

See Item 9 on the cover pages hereto. 

 

 

 

Item 4(b).

 

Percent of Class

 

 

 

 

 

See Item 11 on the cover pages hereto. 

 

 

 

Item 4(c).

 

Number of shares as to which each Reporting Person has:

 

 

 

 

 

(i)

sole power to vote or direct the vote:

 

 

 

 

 

 

 

See Item 5 on the cover pages hereto. 

 

 

 

 

 

 

(ii) 

shared power to vote or direct the vote:

 

 

 

 

 

 

 

See Item 6 on the cover pages hereto. 

 

 

 

 

 

 

(iii) 

sole power to dispose or to direct the disposition:

 

 

 

 

 

 

 

See Item 7 on the cover pages hereto. 

 

 

 

 

 

 

(iv)

shared power to dispose or to direct the disposition:

 

 

 

 

 

 

 

See Item 8 on the cover pages hereto. 

 

 

 

 

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 ☐.  N/A

 

 

Item 6.

 

Ownership of More Than Five Percent on Behalf of Another Person

 

 

 

 

 

Not applicable.

 

 

 

Item 7.

 

The Security Being Reported on By the Parent Holding Company

 

 

 

 

 

Not applicable.

 

 

 

Item 8.

 

Identification and Classification of Members of the Group

 

 

 

 

 

 

Item 9.

 

Notice of Dissolution of Group

 

 

 

 

 

 

 

  

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 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.

 

 

 

 

 

By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to investment advisors 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.

Dated: February 9, 2018