Form 8.5 (EPT/RI)

Bank of America Merrill Lynch

09 February 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:	08/02/2024
(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)

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	925,697	14.19 GBP	13.218 GBP
EUR 0.22 ordinary	Sale	1,065,408	14.2 GBP	13.205 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 Short Position	406	13.69 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	406	13.844 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	8,806	336.556 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	5,420	322.082 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	5,960	13.395 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	12,700	13.362 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	1,400	13.362 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	1,581	13.887 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	1,581	13.453 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,533	13.386 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	10,088	13.386 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	6,318	13.386 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	897	336.472 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	102	321.504 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,660	322.716 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,024	336.167 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,775	336.166 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,496	322.716 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	44	321.505 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	49,278	13.906 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	29,165	13.36 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	245	13.36 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6,758	13.536 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	144,444	14.095 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	47	13.218 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	897	336.472 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,799	336.472 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	13,722	322.392 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,909	336.472 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	5,909	336.472 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	13,722	322.392 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	7,799	336.472 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	20,807	13.782 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	12,272	13.473 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1	13.588 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	5,819	13.393 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,465	13.721 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	723	13.557 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	373	13.359 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6,016	13.676 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6,522	13.545 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	716	13.567 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,479	13.55 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	114	13.55 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	90	13.55 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	76,248	13.556 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,077	14.015 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	24,523	13.55 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,159	13.36 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,033	13.991 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	6,049	13.47 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	8,548	13.372 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	12,062	13.36 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	308	13.36 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	10,436	13.55 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	12,062	13.36 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	51	13.55 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	9,064	14.015 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	284	14.015 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	181	14.015 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	8,380	13.55 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	18,704	13.55 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	96	13.362 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	824	13.362 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	21,581	13.453 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	25,397	13.453 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	925	13.464 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	487	13.575 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,359	13.516 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	565	13.457 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,970	13.36 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	9,064	14.015 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:	09/02/2024
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