20240308_MONDI PLC_8.5 EPT RI_UK_MLI

Bank of America Merrill Lynch

11 March 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:	08/03/2024
(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	2,988,895	13.74 GBP	13.28 GBP
EUR 0.22 ordinary	Sale	2,754,598	13.75 GBP	13.3 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	Reducing a short position	1	13.579 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1	13.475 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	4	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	4	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	19	13.482 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	21	13.485 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	22	320.136 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	32	13.401 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	35	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	61	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	72	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	95	13.471 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	109	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	120	13.487 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	146	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	165	13.39 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	179	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	204	13.482 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	227	13.615 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	239	13.507 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	243	319.944 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	264	13.495 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	361	13.507 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	389	13.482 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	532	13.559 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	532	13.485 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	532	13.465 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	663	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	765	13.487 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	788	13.487 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	867	13.619 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	877	13.669 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	879	13.619 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	898	13.411 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	968	13.39 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	968	13.39 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	1,075	13.545 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	1,235	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,275	13.512 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,360	320.136 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	1,678	13.538 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,694	13.49 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,804	13.427 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,808	13.482 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,889	13.506 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,927	13.512 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,415	13.456 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,519	13.535 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,831	13.553 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	2,855	13.506 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	3,088	13.486 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,134	320.138 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	3,493	13.579 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,610	13.485 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	3,610	13.485 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,712	13.339 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	4,137	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	4,150	13.579 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	4,994	13.485 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	4,994	13.553 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	5,206	13.482 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	5,241	13.487 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	5,313	13.301 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	5,430	13.389 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	6,039	13.579 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	6,122	13.583 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	6,633	13.596 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	6,722	13.553 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	6,734	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	7,021	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	7,029	13.536 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	7,736	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	7,940	13.609 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	8,972	13.493 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	9,333	13.487 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	9,375	13.427 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	9,495	13.493 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	9,991	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	10,200	320.044 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	10,999	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	14,125	13.553 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	15,210	13.427 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	15,914	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	17,910	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	18,683	324.66 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	21,917	13.553 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	22,649	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	23,415	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	23,602	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	23,671	13.553 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	25,787	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	26,314	13.483 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	26,389	13.427 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	33,548	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	49,415	13.609 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	50,214	13.609 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	53,076	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	61,865	13.521 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	76,034	13.553 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	78,689	13.435 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	79,525	13.531 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	148,478	13.485 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:	11/03/2024
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