20240411_MONDI PLC_8.5 EPT RI_UK_MLI

Bank of America Merrill Lynch

12 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:	11/04/2024
(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	436,794	14.34 GBP	14.18 GBP
EUR 0.22 ordinary	Sale	294,198	14.35 GBP	14.17 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	776	14.18 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	635	14.226 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	11	14.26 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	776	14.18 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	67,870	14.263 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	36,558	14.259 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,190	14.187 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	24	14.18 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	29	14.239 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	191	14.181 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	5,705	14.179 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	11,955	14.269 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	6,300	14.243 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	6,422	335.643 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	263	336.655 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	263	336.655 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	6,422	335.643 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	22,480	14.205 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	39,559	14.308 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	15	14.261 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	6,422	335.559 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	263	336.739 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	1,907	14.19 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	37	14.187 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	345	14.187 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	37	14.257 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	119	14.186 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,757	14.202 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	2,069	14.278 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	6,976	14.18 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,797	14.231 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3,433	14.261 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,508	14.236 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	2,069	14.18 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	238	14.265 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	114	14.262 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	11,433	14.262 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	12,316	14.252 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	800	14.249 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	11	14.288 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,622	14.288 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	356	14.288 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,218	14.269 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	264	14.289 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	825	14.217 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	17,291	14.18 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	2,500	14.269 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	5,000	14.289 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	106,563	14.294 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	37	14.276 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	37	14.239 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:	12/04/2024
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