{"transactions":[{"id":1800839,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":false,"other":true,"other_text":"Former 10% Owner"}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2023-08-21T16:38:24.000Z","date":"2023-08-17","kind":"other","planned":false,"acquired":false,"shares":3043172,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F2","text":"On August 17, 2023, PAGAC made a pro rata distribution of 3,043,172 ordinary shares (\"Ordinary Shares\") of Cushman & Wakefield plc (the \"Issuer\") to its limited partners."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"On August 17, 2023, PAGAC made a pro rata distribution of 3,043,172 ordinary shares (\"Ordinary Shares\") of Cushman & Wakefield plc (the \"Issuer\") to its limited partners."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"PAGAC is the direct holder of 19,674,303 Ordinary Shares of the Issuer."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"Messrs. Jon Robert Lewis, Lincoln Lin Feng Pan, Noel Walsh and David Alan Fowler have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 19,674,303 Ordinary Shares. Each of Messrs. Lewis, Pan, Walsh and Fowler expressly disclaims beneficial ownership of such shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F5","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":19674303,"source":{"system":"sec-edgar","filing":"0001387131-23-010017","document":"pagac-form4_082123.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000138713123010017/pagac-form4_082123.xml","form_type":"4"}},{"id":1862498,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2023-06-08T17:49:00.000Z","date":"2023-06-08","kind":"sale","planned":false,"acquired":false,"shares":3000000,"price":8.625,"value":25875000.0,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"PAGAC is the direct holder of 22,717,475 Ordinary Shares (\"Ordinary Shares\") of Cushman & Wakefield plc (the \"Issuer\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"Messrs. Jon Robert Lewis, David Jaemin Kim, Noel Walsh and Oliver Morris have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 22,717,475 ordinary shares. Each of Messrs. Lewis, Kim, Walsh and Morris expressly disclaims beneficial ownership of such shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":22717475,"source":{"system":"sec-edgar","filing":"0001839882-23-015153","document":"pagac-form4_060823.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000183988223015153/pagac-form4_060823.xml","form_type":"4"}},{"id":2249600,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2022-06-01T16:48:16.000Z","date":"2022-05-31","kind":"sale","acquired":false,"shares":2156391,"price":18.39,"value":39656030.49,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"PAGAC is the direct holder of 25,717,475 Ordinary Shares (\"Ordinary Shares\") of Cushman & Wakefield plc (the \"Issuer\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"Messrs. Jon Robert Lewis, David Jaemin Kim, Noel Walsh and Oliver Morris have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 25,717,475 ordinary shares. Each of Messrs. Lewis, Kim, Walsh and Morris expressly disclaims beneficial ownership of such shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":25717475,"source":{"system":"sec-edgar","filing":"0001387131-22-006670","document":"cwk-form4_053122.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000138713122006670/cwk-form4_053122.xml","form_type":"4"}},{"id":2473568,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2021-12-14T17:28:14.000Z","date":"2021-12-13","kind":"sale","acquired":false,"shares":5797645,"price":20.35,"value":117982075.75,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"PAGAC is the direct holder of 27,873,866 Ordinary Shares (\"Ordinary Shares\") of Cushman & Wakefield plc (the \"Issuer\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"Messrs. Jon Robert Lewis, David Jaemin Kim, Noel Walsh and Oliver Morris have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 27,873,866 ordinary shares. Each of Messrs. Lewis, Kim, Walsh and Morris expressly disclaims beneficial ownership of such shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":27873866,"source":{"system":"sec-edgar","filing":"0001387131-21-012033","document":"pagac-form4_121321.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000138713121012033/pagac-form4_121321.xml","form_type":"4"}},{"id":2598066,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2021-08-18T17:28:47.000Z","date":"2021-08-16","kind":"sale","acquired":false,"shares":5810442,"price":18.25,"value":106040566.5,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"PAGAC is the direct holder of 33,671,511 Ordinary Shares (\"Ordinary Shares\") of Cushman & Wakefield plc (the \"Issuer\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"Messrs. Jon Robert Lewis, David Jaemin Kim, Noel Walsh and Oliver Morris have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 33,671,511 ordinary shares. Each of Messrs. Lewis, Kim, Walsh and Morris expressly disclaims beneficial ownership of such shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":33671511,"source":{"system":"sec-edgar","filing":"0001387131-21-008726","document":"pag-form4_081621.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000138713121008726/pag-form4_081621.xml","form_type":"4"}},{"id":2675881,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2021-06-09T16:59:52.000Z","date":"2021-06-07","kind":"sale","acquired":false,"shares":3069284,"price":18.56,"value":56965911.04,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"PAGAC is the direct holder of 39,481,953 Ordinary Shares (\"Ordinary Shares\") of Cushman & Wakefield plc (the \"Issuer\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"Messrs. Jon Robert Lewis, David Jaemin Kim, Noel Walsh and Oliver Morris have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 39,481,953 ordinary shares. Each of Messrs. Lewis, Kim, Walsh and Morris expressly disclaims beneficial ownership of such shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":39481953,"source":{"system":"sec-edgar","filing":"0001387131-21-006458","document":"pag-form4_060721.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000138713121006458/pag-form4_060721.xml","form_type":"4"}},{"id":2782883,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2021-03-17T16:18:55.000Z","date":"2021-03-15","kind":"sale","acquired":false,"shares":4583655,"price":17.26,"value":79113885.3,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"PAGAC is the direct holder of 42,551,237 Ordinary Shares (\"Ordinary Shares\") of Cushman & Wakefield plc (the \"Issuer\"). On March 15, 2021, PAGAC sold 4,583,655 Ordinary Shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"Messrs. Jon Robert Lewis, David Jaemin Kim, Noel Walsh and Oliver Morris have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 42,551,237 ordinary shares. Each of Messrs. Lewis, Kim, Walsh and Morris expressly disclaims beneficial ownership of such shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":42551237,"source":{"system":"sec-edgar","filing":"0001387131-21-003640","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000138713121003640/ownership.xml","form_type":"4"}},{"id":3368604,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2019-11-18T17:19:44.000Z","date":"2019-11-14","kind":"sale","acquired":false,"shares":4268931,"price":18.18,"value":77609165.58,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"PAGAC is the direct holder of 47,134,892 Ordinary Shares (\"Ordinary Shares\") of Cushman & Wakefield plc (the \"Issuer\"). On November 14, 2019, pursuant to an Underwriting Agreement, dated November 12, 2019, among the Issuer, the underwriter named in Schedule II thereto (the \"Underwriter\") and the selling shareholders named in Schedule I thereto (the \"Underwriting Agreement\"), PAGAC sold 4,268,931 Ordinary Shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F3","text":"Messrs. Jon Robert Lewis, David Jaemin Kim, Noel Walsh and Oliver Morris have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 47,134,892 ordinary shares. Each of Messrs. Lewis, Kim, Walsh and Morris expressly disclaims beneficial ownership of such shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":47134892,"source":{"system":"sec-edgar","filing":"0001387131-19-008842","document":"pagac-form4_111419.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000138713119008842/pagac-form4_111419.xml","form_type":"4"}},{"id":3578537,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2019-03-26T17:04:16.000Z","date":"2019-03-22","kind":"sale","acquired":false,"shares":74660,"price":17.0844,"value":1275521.304,"ownership":{"direct":false,"nature":"See Explanation of Responses"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"PAGAC holds a 37.33% partnership interest in (i) DTZ Investment Holdings LP (\"Holdings LP\") and (ii) DTZ Investment Holdings GenPar LLP (\"DTZ GenPar\"), the general partner of Holdings LP. DTZ GenPar, acting as general partner of Holdings LP, holds depositary receipts representing 2,558,022 Ordinary Shares of the Issuer for the benefit of the limited partners of Holdings LP. Because of the relationship between the PAG Entities, Holdings LP and DTZ GenPar, the PAG Entities may be deemed, pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, as amended, to beneficially own the Ordinary Shares beneficially owned in the aggregate by Holdings LP and DTZ GenPar. Each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned in the aggregate by Holdings LP, DTZ GenPar or any future distributees, except to the extent of such PAG Entity's pecuniary interest therein, if any."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Messrs. Jon Robert Lewis, David Jaemin Kim and Noel Walsh and Ms. Tamara Williams have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 51,403,823 ordinary shares. Each of Messrs. Lewis, Kim and Walsh and Ms. Williams expressly disclaims beneficial ownership of such shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":954909,"source":{"system":"sec-edgar","filing":"0000903423-19-000167","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000090342319000167/ownership.xml","form_type":"4"}},{"id":3578536,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Ordinary Shares, $0.10 nominal value per share","published_at":"2019-03-26T17:04:16.000Z","date":"2019-03-22","kind":"sale","acquired":false,"shares":0,"price":17.0844,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F1","text":"The Reporting Person is the general partner of PAGAC Drone Holding I LP (\"PAGAC\" and, together with the Reporting Person, the \"PAG Entities\")."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F2","text":"PAGAC is the direct holder of depositary receipts representing 50,448,914 Ordinary Shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F4","text":"Messrs. Jon Robert Lewis, David Jaemin Kim and Noel Walsh and Ms. Tamara Williams have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the 51,403,823 ordinary shares. Each of Messrs. Lewis, Kim and Walsh and Ms. Williams expressly disclaims beneficial ownership of such shares."},{"field":"ownership.direct","element":"directOrIndirectOwnership","label":"F5","text":"The PAG Entities entered into a Stockholders Agreement, dated as of August 6, 2018, with certain other holders (the \"Holders\") of Ordinary Shares. Pursuant to the Stockholders Agreement, the PAG Entities and the Holders have agreed to, among other things, vote their Ordinary Shares to elect members of the Board of Directors of the Issuer as set forth therein. Because of the relationship between the PAG Entities and the Holders as a result of the Stockholders Agreement, the Reporting Person may be deemed, pursuant to Rule 13d-3 under the Act, to beneficially own the Ordinary Shares beneficially owned by the Holders. The Reporting Person and each PAG Entity disclaims beneficial ownership of the Ordinary Shares beneficially owned by the Holders, except to the extent of its pecuniary interest therein, if any."}],"balance_after":50448914,"source":{"system":"sec-edgar","filing":"0000903423-19-000167","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000090342319000167/ownership.xml","form_type":"4"}},{"id":3847567,"issuer":{"id":4196,"kind":"organization","name":"Cushman & Wakefield Ltd.","symbol":"CWK"},"owners":[{"id":110379,"kind":"organization","name":"PAGAC Drone Holding GP I Ltd","position":1,"cik":"0001748609","reported_name":"PAGAC Drone Holding GP I Ltd","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Redeemable Preference Shares","published_at":"2018-08-10T21:07:17.000Z","date":"2018-08-08","kind":"other","acquired":false,"shares":18665,"ownership":{"direct":false,"nature":"See Explanation of Responses"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On August 8, 2018, Cushman & Wakefield plc (the \"Issuer\") redeemed the 50,000 redeemable preference shares, GBP 1.00 nominal value per share (the \"Preference Shares\"), held by DTZ Investment Holdings GenPar LLP (\"DTZ GenPar\") (acting in its capacity as general partner of DTZ Investment Holdings LP (\"Holdings LP\")).  DTZ GenPar held the Preference Shares for the benefit of the limited partners of Holdings LP.  The sole consideration paid by DTZ GenPar for the Preference Shares was execution of an undertaking to pay GBP 50,000 to the Issuer.  The sole consideration for the redemption of the Preference Shares was cancellation of that undertaking to pay."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On August 8, 2018, Cushman & Wakefield plc (the \"Issuer\") redeemed the 50,000 redeemable preference shares, GBP 1.00 nominal value per share (the \"Preference Shares\"), held by DTZ Investment Holdings GenPar LLP (\"DTZ GenPar\") (acting in its capacity as general partner of DTZ Investment Holdings LP (\"Holdings LP\")).  DTZ GenPar held the Preference Shares for the benefit of the limited partners of Holdings LP.  The sole consideration paid by DTZ GenPar for the Preference Shares was execution of an undertaking to pay GBP 50,000 to the Issuer.  The sole consideration for the redemption of the Preference Shares was cancellation of that undertaking to pay."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"On August 8, 2018, Cushman & Wakefield plc (the \"Issuer\") redeemed the 50,000 redeemable preference shares, GBP 1.00 nominal value per share (the \"Preference Shares\"), held by DTZ Investment Holdings GenPar LLP (\"DTZ GenPar\") (acting in its capacity as general partner of DTZ Investment Holdings LP (\"Holdings LP\")).  DTZ GenPar held the Preference Shares for the benefit of the limited partners of Holdings LP.  The sole consideration paid by DTZ GenPar for the Preference Shares was execution of an undertaking to pay GBP 50,000 to the Issuer.  The sole consideration for the redemption of the Preference Shares was cancellation of that undertaking to pay."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"PAGAC Drone Holding GP I Limited is the general partner of PAGAC Drone Holding I LP (together, the \"PAG Entities\"). PAGAC Drone Holding I LP holds 37.33% of the partnership interests in each of (i) DTZ Investment Holdings LP (\"Holdings LP\") and (ii) DTZ Investment Holdings GenPar LLP (\"DTZ GenPar\"), the general partner of Holdings LP."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Because of the relationship between the PAG Entities, Holdings LP and DTZ GenPar, the PAG Entities may be deemed, pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the \"Exchange Act\"), to beneficially own the Preference Shares beneficially owned in the aggregate by Holdings LP and DTZ GenPar.  Each PAG Entity disclaims beneficial ownership of the Preference Shares beneficially owned in the aggregate by Holdings LP, DTZ GenPar or any future distributees, except to the extent of such PAG Entity's pecuniary interest therein, if any."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Messrs. Jon Robert Lewis, David Jaemin Kim and Noel Walsh and Ms. Tamara Williams have been delegated, in accordance with certain proxy voting guidelines, the authority to implement voting decisions and the authority to implement disposition decisions with respect to shares indirectly held by PAGAC Drone Holding GP I Limited, including the the 18,665.00 Preference Shares. Each of Messrs. Lewis, Kim and Walsh and Ms. Williams expressly disclaims beneficial ownership of such shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F5","text":"Pursuant to Rule 16a-1(a)(4) under Exchange Act, this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of its respective pecuniary interests."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0000899243-18-022080","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1748609/000089924318022080/doc4.xml","form_type":"4"}}]}