20240412_MONDI PLC_8.5 EPT RI_UK_MLI

Bank of America Merrill Lynch

15 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:	12/04/2024
(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	644,039	14.28 GBP	14.03 GBP
EUR 0.22 ordinary	Sale	1,011,321	14.28 GBP	14.015 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	Opening a Long Position	508	14.245 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,907	14.245 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	9,722	14.112 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	889	14.079 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	963	14.092 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	15,371	14.107 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	883	14.107 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	15,664	14.101 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,000	14.149 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,500	14.164 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,976	14.093 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	19	14.093 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	66	14.093 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	371	14.093 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	17,291	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	20,138	14.13 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	2	14.097 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	2	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	1,763	14.281 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,763	14.109 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	354	14.095 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	60	14.068 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,383	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	58,147	14.089 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	89,275	14.133 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	382	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	18	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	5,383	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	69	14.279 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	156	14.111 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	467	14.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	25,693	14.08 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	2,027	330.516 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	5,002	330.782 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,002	330.782 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	2,027	330.516 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	80,022	14.097 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	15,946	14.089 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,539	330.864 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	2,027	330.433 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	463	330.864 ZAR

(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:	15/04/2024
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