Company: FRFXF
Filing Date: 2025-11-05
Form Type: SCHEDULE 13D/A
Source: 0000947871-25-000946
Chunk: 1

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-11-05
Form: SCHEDULE 13D/A
Chunk 1
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, potential investors, financing sources, professional advisors and other interested parties." |
| Item 5.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | Interest in Securities of the Issuer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| (a)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | Item 5 of the Existing Schedule 13D is hereby amended and restated in its entirety to read as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
 Based on the most recent information available, the aggregate number and percentage of the Shares (the securities identified by Item 1 of this Schedule 13D) that are beneficially owned by each of the Reporting Persons is set forth in boxes 11 and 13 of the second part of the cover page to this Schedule 13D for each of the Reporting Persons, and such information is incorporated herein by reference.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
 The ownership percentage of Shares beneficially owned by each of the Reporting Persons was calculated based on 155,527,822 Shares deemed to be outstanding pursuant to Rule 13d-3, comprised of 137,899,795 Shares, outstanding as of August 4, 2025 as reported by Kennedy-Wilson in its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025 filed with the SEC on August 7, 2025 and 17,628,027 Shares underlying warrants and beneficially owned by the Reporting Persons (and excluding 7,753,513 Shares underlying warrants that are not exercisable by the Reporting Persons pursuant to the limitation on their right to exercise).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
 As a result of the execution of the Joint Bidding Agreement or by virtue of submitting the Proposal, the Reporting Persons may be deemed to be members of a "group" within the meaning of Section 13(d)(3) of the Exchange Act comprising the Consortium members. As a result, the group may be deemed to have acquired beneficial ownership of all the Shares beneficially owned by each member of the "group". As such, the group may be deemed to beneficially own in the aggregate 42,323,055 Shares, which represents approximately 27.2% of Kennedy-Wilson's outstanding Shares on an as-converted basis (inclusive of all Shares underlying warrants held by the members of the Consortium, the Consortium holds approximately 31% of the