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Douglas Dynamics, Inc.
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(Name of Issuer)
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Ordinary Shares
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(Title of Class of Securities)
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25960R105
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(CUSIP Number)
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December 31, 2018
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(Date of Event which Requires Filing of this Statement)
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CUSIP No.
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Page 2 of 5 Pages
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25960R105
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1
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NAMES OF REPORTING PERSONS
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
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Mawer Investment Management Ltd.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Canada
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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570,731
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6
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SHARED VOTING POWER
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0
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7
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SOLE DISPOSITIVE POWER
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570,731
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8
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SHARED DISPOSITIVE POWER
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0
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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570,731
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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2.5%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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Investment Advisor
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CUSIP No.
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Page 3 of 5 Pages
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25960R105
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Item 1.
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(a)
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Name of Issuer:
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Douglas Dynamics, Inc.
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(b)
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Address of Issuer’s Principal Executive Offices:
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7777 North 73rd Street
Milwaukee, WI 53233
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Item 2.
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(a)
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Name of Persons Filing:
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Mawer Investment Management Ltd.
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(b)
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Address of Principal Business Office or, if none, Residence :
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600, 517 – 10th Avenue SW
Calgary, Alberta, Canada T2R 0A8
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(c)
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Citizenship:
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Canadian
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(d)
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Title of Class of Securities:
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Ordinary Shares
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(e)
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CUSIP Number:
25960R105
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Item 3.
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If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c),
check whether the person filing is a:
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(a)
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[ ] Broker or dealer registered under Section 15 of the Act.
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(b)
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[ ] Bank as defined in Section 3(a)(6) of the Act.
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(c)
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[ ] Insurance company as defined in Section 3(a)(19) of the Act.
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(d)
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[ ] Investment company registered under Section 8 of the Investment
Company Act of 1940.
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(e)
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[X] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E).
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(f)
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[ ] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F).
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(g)
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[ ] A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G).
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(h)
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[ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act.
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(i)
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[ ] 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.
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CUSIP No.
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Page 4 of 5 Pages
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25960R105
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(j)
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[ ] A non-U.S. institution in accordance with Section 240.13d-1(b)(1) (ii)(J).
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(k)
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[ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(K).
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If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: _____________________________________________
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Item 4.
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Ownership.
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(a)
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Amount Beneficially Owned:
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570,731
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(b)
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Percent of Class:
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2.5%
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(c)
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Number of Shares as to which the person has:
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(i) sole power to vote or to direct the vote:
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570,731
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(ii) shared power to vote or direct the vote:
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0
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(iii) sole power to dispose or direct the disposition of:
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570,731
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(iv) shared power to dispose or to direct the disposition of:
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0
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Item 5.
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Ownership of Five Percent or Less of a Class:
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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: ☒
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person:
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CUSIP No.
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Page 5 of 5 Pages
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25960R105
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Item 7.
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Identification and Classification of Subsidiaries Which Acquired the Security Being
Reported on by the Parent Holding Company or Control Person.
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Item 8.
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Identification and Classification of Members of the Group.
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Item 9.
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Notice of Dissolution of Group.
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Item 10.
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Certification:
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By signing below, I certify that, to the best of my knowledge and belief, the
securities referred to above 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.
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Date: February 5, 2019
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By:
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/s/ Nadine Krenosky
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Name:
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Nadine Krenosky |
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Title:
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Chief Compliance Officer
|
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