20240404_MONDI PLC_8.5 EPT RI_UK_MLI

Bank of America Merrill Lynch

05 April 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:	04/04/2024
(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) (INTERNATIONAL PAPER CO)

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	1,294,926	14.315 GBP	13.32 GBP
EUR 0.22 ordinary	Sale	2,050,578	14.31 GBP	13.295 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	Increasing a Short Position	119,345	14.127 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	3,265	13.529 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,792	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	861	14.154 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	290	13.355 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	861	13.804 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	290	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	16,888	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,240	13.804 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	16,888	13.827 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,415	14.24 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,792	14.136 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	145	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	465	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	71,243	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	71,243	13.867 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	2,652	13.35 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,652	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	9,244	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	1,410	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	9,244	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	126,621	14.069 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	21,908	14.18 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	659,194	14.18 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	134,169	13.978 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	5,573	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	5,573	14.18 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	11,896	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	83	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	125	14.204 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	4,250	14.204 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	8,651	14.204 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	173	14.204 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	4,052	14.204 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	173	13.401 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,849	14.145 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	10,187	14.145 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	5,127	14.145 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	11,407	14.145 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	6	14.145 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	9,392	14.145 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1	14.145 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,720	14.145 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,526	14.29 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	148	14.118 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	17,310	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,335	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	3,859	14.137 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	8,534	329.456 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	4,915	333.458 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	8,534	329.456 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,915	333.458 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	67	333.491 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	2,201	330.258 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	3,370	333.641 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	8	333.641 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	3,303	330.258 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,471	330.259 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	979	330.259 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	29	333.491 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	4	333.642 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	1,500	333.642 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	12,571	13.999 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	89,423	14.086 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,202	13.78 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	451	314.558 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	33	313.868 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	33	314.558 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	2,226	13.634 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	386	13.634 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	554	14.037 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	424	14.037 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,093	13.485 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6,561	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	864	13.55 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3	13.476 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,819	13.519 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,722	13.558 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	368	13.512 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	13,360	13.599 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,330	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	100	14.142 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	32	14.126 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,821	14.183 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	14,455	14.059 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	2,375	14.086 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	2,927	13.786 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,706	14.077 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,226	13.807 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	59	14.118 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,195	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,727	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	301	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,147	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2	14.169 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	9	14.137 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	225	14.137 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	836	14.137 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	172	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	266	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	705	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	364	14.131 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	415	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	349	14.137 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	102	14.137 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	343	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	74	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3,337	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	30	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	9	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	218	13.385 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	124,369	13.905 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	124,369	13.904 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	1,679	13.721 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	851	13.753 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	6,746	13.952 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	111	14.019 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	111	13.952 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	19	13.952 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	15,000	14.152 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	5,000	14.204 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	5,000	14.041 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	6,336	13.952 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	263	13.399 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	263	13.665 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:	05/04/2024
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