20240415_MONDI PLC_8.5 EPT RI_UK_MLI

Bank of America Merrill Lynch

16 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:	15/04/2024
(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	401,716	14.19 GBP	14.035 GBP
EUR 0.22 ordinary	Sale	758,216	14.185 GBP	14.032 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 Short Position	6,176	333.98 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	413	333.98 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	58,072	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,830	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6,241	14.135 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	776	14.135 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	11,445	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,184	14.135 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,023	14.135 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	16,704	14.135 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	355	14.135 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,212	14.135 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,920	14.135 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	836	14.135 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	13,874	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	1,300	14.057 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	290	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	290	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,687	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	56,956	14.046 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,830	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	6,488	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,302	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	28,174	14.081 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	3,591	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	18	14.111 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	4,378	14.034 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	156	14.034 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	8,002	14.034 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	191	14.034 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	4,846	14.034 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	18	14.034 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	562	14.034 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	11,806	14.134 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,917	14.096 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	708	333.945 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3,451	333.945 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	7,824	334.12 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	708	333.945 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,451	333.945 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	7,824	334.12 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	574	334.887 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	257	334.884 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	3,781	14.129 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3,869	14.085 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	13,875	14.085 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	4,930	14.085 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,328	333.807 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,235	333.985 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	508	14.035 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	53	14.093 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	40	14.093 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1	14.093 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	136	14.093 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	776	14.075 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,772	14.06 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	12	14.141 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	19,261	14.106 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	18,531	14.107 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	293	14.107 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	830	14.102 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	175,000	14.098 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	759	14.076 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	9,872	14.034 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	18,536	14.08 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	2,353	14.032 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	1,452	14.076 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	11	14.136 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1	14.131 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	10	14.035 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:	16/04/2024
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