Form 8.5 (EPT/RI)

Bank of America Merrill Lynch

20 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:	19/02/2024
(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	96,467	13.795 GBP	13.663 GBP
EUR 0.22 ordinary	Sale	113,482	13.795 GBP	13.66 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	1,532	13.728 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,352	13.737 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,703	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,159	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,005	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	29	13.794 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,352	13.737 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	128	13.794 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,737	327.559 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	480	13.712 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	19	13.741 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,956	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	14,695	13.713 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	23,352	13.716 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,152	13.775 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,072	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,152	13.775 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	437	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	5,035	13.772 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	36	13.794 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	6,473	13.794 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	497	13.794 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	131	13.728 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	300	13.742 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	48	13.754 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	284	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	7,943	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2	13.731 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	434	13.748 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,883	327.714 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	260	13.701 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	4,883	327.714 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	835	327.763 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	252	327.559 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	150	13.732 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,943	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,035	13.772 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	21,540	13.746 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	8,106	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	14,951	13.735 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	22	13.744 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,234	13.721 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1	13.731 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	2,021	327.697 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,732	13.74 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	38	327.559 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,308	13.795 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	131	13.794 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,091	13.744 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	1,091	13.713 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:	20/02/2024
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