Form 8.5 (EPT/RI)

Bank of America Merrill Lynch

16 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:	15/02/2024
(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	256,002	13.848 GBP	13.613 GBP
EUR 0.22 ordinary	Sale	531,813	13.865 GBP	13.605 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	Increasing a Short Position	64	13.728 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	701	13.739 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	23,706	13.759 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,044	13.733 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,905	13.728 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	7,809	13.726 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,829	13.73 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	18,673	13.706 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	24,095	13.726 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,420	13.726 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,044	13.733 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	526	13.726 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,863	13.726 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	304	13.73 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,017	13.734 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	423	13.827 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	13,205	13.728 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	876	13.728 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	43,592	13.755 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	215	13.731 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1	13.729 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	183	13.705 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	587	13.752 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	53	13.715 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	928	13.815 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,653	13.811 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,232	13.773 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	8,891	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,650	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	3,241	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	973	13.735 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	12,591	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	1,017	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	9,044	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	3,547	13.81 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	18	13.777 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1	13.761 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	25	13.791 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	3,547	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,017	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,025	13.745 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	5,500	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	5,500	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,139	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	7,139	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	3,623	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	3,623	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	13,850	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	13,850	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	48	13.791 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,761	13.745 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	33	13.777 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,808	13.735 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1	13.761 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6,587	13.81 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	3,383	13.781 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	6,247	13.786 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	34,845	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	5,786	13.745 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,433	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	696	13.809 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	144,444	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	271,809	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	10,134	13.81 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	85,087	13.525 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,000	13.82 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,111	13.788 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,673	13.78 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	252	328.116 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	35,017	329.194 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	35,017	329.194 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	252	328.116 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	220	328.154 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	17,920	329.34 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	7,901	329.34 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	97	328.154 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	12,534	13.732 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	87,020	13.717 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	37	13.747 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3,508	328.578 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	471	328.578 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	4,900	328.578 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	252	328.198 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	6,873	13.792 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	16,703	13.728 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	2,100	13.728 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	160	13.6 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	160	13.665 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	36	13.746 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	212	13.785 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	426	13.786 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4	13.729 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,848	13.772 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	119	13.821 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	88	13.809 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	559	13.793 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	602	13.785 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	170	13.821 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	124	13.809 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	294	13.784 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	5	13.729 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	774	13.792 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	2,531	13.771 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	490	13.73 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2	13.82 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1	13.755 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	8,775	13.762 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,210	13.73 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1	13.732 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	7,073	13.73 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	2	13.73 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:	16/02/2024
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