20240327_MONDI PLC_8.5 EPT RI_MLI

Bank of America Merrill Lynch

28 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:	27/03/2024
(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	2,451,425	14.275 GBP	13.93 GBP
EUR 0.22 ordinary	Sale	1,241,774	14.26 GBP	13.925 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	432	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	494	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,077	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	767	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	313	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	57	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	333	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,467	335.181 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	218	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	10,142	336.87 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	109	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	896	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	780	339.965 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	17,126	336.87 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	695	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	981	338.635 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	41	14.056 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	36	13.987 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,503	13.995 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	3,555	14.081 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	2,611	14.079 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	1,545	14.069 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	119,242	14.065 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	438	14.065 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	1,996	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	4,840	13.995 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	1,494	14.037 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	259	14.065 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	2,127	14.136 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	167	14.159 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	1,515	13.987 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	2,127	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	119,242	14.065 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	326	14.05 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	1,545	14.099 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	25,008	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	487	14.087 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	1,610	14.015 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	2,500	14.149 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	223	14.159 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	18	14.009 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	85	14.082 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2	14.181 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	53	14.181 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	35	14.086 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,558	14.06 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	12,000	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	7,412	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	9	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	66	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	65,478	14.065 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	2,500	14.149 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,329	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	4,615	14.197 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	239	14.197 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	469	14.197 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	60	14.194 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	765	14.113 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2	14.181 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	7,685	14.053 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	16,912	14.053 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	129	14.086 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,920	14.113 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	316,932	14.117 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	165,933	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,905	14.177 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	6,580	14.048 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	2,546	13.984 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	2,386	14.012 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	83	13.991 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	163	14.194 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2	14.151 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,244	14.207 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	5,602	14.207 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	650	14.206 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	5,523	14.169 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	320	14.169 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	1,069	14.042 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	67,500	14.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	4,109	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	166,483	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	7,412	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	4,166	14.23 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,726	14.188 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	603	13.988 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	17	14.045 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1	14.099 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	4,291	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	7,477	14.074 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	625	14.073 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,766	14.086 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	273	14.044 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	1,653	14.169 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	233,868	14.074 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	806	14.188 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	16	14.009 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	62	14.009 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,155	14.113 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	86	14.082 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	27	14.181 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	17,730	14.053 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	18,161	14.086 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,453	14.156 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	209	14.169 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	7,885	14.038 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	96,410	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	97,179	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	71	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	58,614	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	57	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	693	13.988 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	335	14.158 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	169	14.251 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	29	14.181 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	144	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	7,412	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	15,696	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	71,264	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	1,246	13.99 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	5,000	14.149 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	112	14.251 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	67	14.009 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	47	14.018 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	46	13.988 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	206	13.988 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,011	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	41	14.156 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	28,109	14.053 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,939	14.086 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,255	14.169 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	2,226	14.231 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	362	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	54,582	13.974 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	1,610	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,419	14.207 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	196	14.009 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	45	13.988 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	40	14.015 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	18,098	14.064 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	87	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	25,864	14.053 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,120	14.169 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:	28/03/2024
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