20240405_MONDI PLC_8.5 EPT RI_UK_MLI

Bank of America Merrill Lynch

08 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:	05/04/2024
(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	691,726	14.173 GBP	13.92 GBP
EUR 0.22 ordinary	Sale	757,075	14.121 GBP	13.905 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 Long Position	10,944	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	5,184	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,658	329.248 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	805	329.248 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,675	329.248 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,740	13.981 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	11,079	13.981 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3,382	329.1 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	288	13.996 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	7,500	14.033 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	2,500	14.099 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	7,200	14.011 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	8,400	14.031 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	3,325	14.031 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	2,800	14.011 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	165	13.987 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	356	13.986 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	644	14.121 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	24,824	13.999 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	27,380	14.007 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	79	13.969 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	7	13.949 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	24	14.009 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	11	13.999 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,129	13.962 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,233	13.981 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	4,816	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	300	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,178	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	10,039	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	533	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	162	14.001 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	91	13.968 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	281	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,611	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,555	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3,797	13.937 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	5,932	13.963 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,375	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,927	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,226	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	521	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,816	13.983 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	219	13.952 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,706	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	275	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	854	13.97 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	23	13.997 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	17	13.999 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	2,607	13.978 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,141	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	178	14.002 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	77	14.022 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	40	14.009 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	654	14.086 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	26	13.999 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,659	13.974 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	3,484	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	59	14.009 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	64	13.977 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	215	13.97 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	62	13.988 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	4,052	13.989 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	246	13.989 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	20,414	13.996 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	17,500	14.002 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,184	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	18,105	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	411	14.02 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	77	14.044 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	66	14.044 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	126	14.173 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	709	14.036 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	52	14.044 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	110	14.044 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	596	14.173 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	344	14.173 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	543	14.044 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	140	14.044 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,278	14.173 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	170	14.173 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	57	14.044 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	567	14.173 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	981	14.173 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	460	14.039 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,675	14.039 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	212	14.011 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	371	13.981 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	554	13.981 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	115	13.956 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	978	14.065 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,401	13.969 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	55,696	13.957 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	9,516	13.957 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	13,875	14.023 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	557	327.758 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,249	327.758 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,806	327.807 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,382	329.1 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	756	329.1 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	756	329.1 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,806	327.807 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	159	14.069 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	1,590	13.985 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	15,912	13.997 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:	08/04/2024
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