Form 8.5 (EPT/RI)

Bank of America Merrill Lynch

12 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:	09/02/2024
(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	1,065,127	13.45 GBP	13.325 GBP
EUR 0.22 ordinary	Sale	1,208,110	13.445 GBP	13.31 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 Long Position	7,267	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	634	13.426 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,706	321.222 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	10	318.8 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	10	318.8 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	7,706	321.222 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6,854	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,679	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,186	13.407 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	67,836	13.397 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	151	13.38 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	551	13.38 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	152	13.38 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	200	13.38 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	136	13.391 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3,999	13.38 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	100	13.38 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	136	13.38 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	245	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	7,706	321.142 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	10	318.88 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	28,069	13.378 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	178	13.43 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	202,318	13.383 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	249	13.368 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	249	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	3,253	13.375 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	51	13.371 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	3,253	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	51	13.375 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	14	13.431 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	548	13.356 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,386	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	569	13.383 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	36,482	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	113	13.374 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3,810	13.395 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	449	13.395 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	2,176	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	13	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	515	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,672	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	2,505	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	30,028	13.378 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	12,193	13.415 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	45,737	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	52,373	13.415 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	23,475	13.378 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	49	13.378 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	515	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	71	13.44 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	3,498	13.371 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	330	13.373 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	27	13.439 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	92	13.376 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3	13.411 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	33	13.378 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	9,973	13.439 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	307	13.39 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	164	13.375 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	24	13.4 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,239	13.388 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2	13.396 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,259	13.391 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6,065	13.388 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:	12/02/2024
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