Form 8.5 (EPT/RI)

Bank of America Merrill Lynch

15 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:	14/02/2024
(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	656,417	13.615 GBP	13.419 GBP
EUR 0.22 ordinary	Sale	671,804	13.615 GBP	13.4 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	Closing a Long Position	1,079	13.53 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	132	13.53 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	132	13.53 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	955	13.527 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	52	13.517 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,513	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,280	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	9,842	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	338	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,479	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,604	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	351	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,513	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	24	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	9,842	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,474	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	3,668	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	37,403	13.528 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	36,108	13.562 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	940	13.553 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	115	13.6 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	29	13.526 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	399	13.583 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	7,329	13.524 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	3,485	13.531 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	135	13.588 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,716	13.567 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	179	13.562 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	253	13.551 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	22	13.569 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	475	13.569 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	9	13.536 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	15	13.536 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	503	13.571 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	855	13.57 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	787	13.564 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,036	13.552 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	12,524	325.378 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	12,524	325.378 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	16,713	13.461 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,603	13.43 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	296	13.494 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	11,269	325.297 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,255	325.297 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	3,578	13.513 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1,443	13.463 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	332	13.516 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	368	13.401 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	418	13.597 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	418	13.525 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:	15/02/2024
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