20240318_MONDI PLC_8.5 EPT RI_UK_MLI

Bank of America Merrill Lynch

19 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:	18/03/2024
(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	1,175,047	13.375 GBP	13.19 GBP
EUR 0.22 ordinary	Sale	409,187	13.36 GBP	13.18 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 Long Position	5,111	13.206 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,016	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,964	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	724	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	7,860	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,830	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	61,182	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	288	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	11,057	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,220	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,610	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,208	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	746	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	68,648	13.271 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	13,100	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	79,115	13.215 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,758	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	224	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,275	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,098	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	39	13.227 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,326	13.287 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,755	13.199 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	11	13.199 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	6,597	13.199 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	269	13.199 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,557	13.199 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	898	13.199 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	148	13.199 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	5,975	13.199 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	14	13.294 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1	13.32 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1	13.235 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7	13.381 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	9,993	13.235 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1	13.261 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	307	13.344 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,255	13.283 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	35	13.285 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	778	13.338 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	118	13.328 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	636	318.386 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	636	319.422 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	309	319.422 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,384	319.422 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	636	319.422 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	636	318.386 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	309	319.422 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,384	319.422 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	18,964	13.223 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	12,238	13.322 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,689	13.292 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	61	319.342 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	636	318.466 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,268	319.342 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	590	13.269 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	378	13.269 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	1,171	13.227 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	313	13.227 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	1,171	13.185 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	175	13.27 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	533	13.284 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,138	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	26	13.285 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,411	13.235 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,006	13.272 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	599	13.28 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	25	13.224 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	954	13.283 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	102	13.286 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	33	13.303 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	22	13.303 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	7,549	13.237 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	11,528	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,997	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	90	13.294 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	39	13.343 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	29	13.326 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	38	13.286 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	17	13.301 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4	13.317 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	11,528	13.275 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,575	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3	13.294 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	30	13.283 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	7,549	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	29	13.296 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	92	13.288 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	2	13.288 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	92	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	24	13.296 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	60	13.294 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	30	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	9	13.286 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5	13.296 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,575	13.23 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,997	13.197 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	105	13.343 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	29	13.308 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	29	13.336 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	14	13.288 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	33	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,321	13.245 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	6,340	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,097	13.234 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	1,925	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	1,994	13.226 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,647	13.228 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	69	13.196 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,275	13.234 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	172	13.284 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	266	13.258 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	301	13.283 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,727	13.23 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	74	13.256 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	2,195	13.195 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	30	13.196 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	6,581	13.235 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	9	13.285 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	6,089	13.268 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	6,675	13.252 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	524	13.268 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	1,876	13.194 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	7	13.299 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	3	13.299 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:	19/03/2024
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