20240226_MONDI PLC_8.5 EPT RI_UK_MLI

Bank of America Merrill Lynch

27 February 2024

 

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")

1.	KEY INFORMATION

(a) Name of exempt principal trader:	Merrill Lynch International
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	MONDI PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	MONDI PLC
(d) Date dealing undertaken:	26/02/2024
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A"	YES If YES, specify which: (DS SMITH PLC)

2.	DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class
of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)	Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
EUR 0.22 ordinary	Purchase	291,485	14.295 GBP	14.01 GBP
EUR 0.22 ordinary	Sale	386,729	14.26 GBP	14.01 GBP

(b)	Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1	14.04 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	1	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1	14.042 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1	14.166 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	11	14.246 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	23	14.246 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	29	14.211 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	45	14.146 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	61	14.197 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	95	14.024 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	113	14.011 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	188	14.011 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	224	14.019 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	242	14.173 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	278	14.169 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	306	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	504	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	321	348.068 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,539	348.182 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	616	14.162 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	616	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	710	14.146 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	900	14.126 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,188	14.043 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,284	14.042 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,363	14.011 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,505	14.05 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,513	14.042 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,587	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	1,653	14.162 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	1,678	14.21 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,896	14.076 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	2,054	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,342	14.014 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	142	348.182 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	2,880	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	2,921	14.017 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,668	14.042 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	5,091	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	5,254	14.011 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	8,750	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	8,750	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	10,240	14.125 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	12,246	14.017 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	12,503	14.01 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,992	348.068 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	97	348.182 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	13,044	14.042 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	23,479	14.042 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	28,543	14.258 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	71,126	14.01 GBP

(c)	Stock-settled derivative transactions (including options)

(i)	Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)

Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise Price per unit
N/A	N/A	N/A	N/A	N/A

(d)	Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
N/A	N/A	N/A	N/A

3.	OTHER INFORMATION

(a)	Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

(b)	Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) The voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

Date of disclosure:	27/02/2024
Contact name:	Frank Lui
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information
Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's
dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END