Form 8.5 (EPT/RI)

Bank of America Merrill Lynch

21 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:	20/02/2024
(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	586,001	13.9 GBP	13.725 GBP
EUR 0.22 ordinary	Sale	364,908	13.895 GBP	13.75 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	53,990	13.844 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	63,537	13.844 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	18	13.871 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,844	13.854 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	149	13.854 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	15,811	13.825 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,202	13.854 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	5,176	13.85 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,629	13.855 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	45,737	13.838 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,001	13.838 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	2,646	13.824 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	19	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,071	13.825 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	10,002	13.838 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	15,811	13.825 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,176	13.85 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	23,068	13.835 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	36	13.751 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	36	13.824 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	847	13.824 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	12,133	13.824 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	4,794	13.824 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	17,337	13.831 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	26	13.854 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	296	13.838 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	5,206	13.85 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	14,600	13.841 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	163	13.806 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	22	13.866 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	663	13.893 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,278	13.863 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	59	13.766 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,111	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,000	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	696	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,673	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	254,090	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6,247	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,383	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	5,265	332.09 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	5,265	332.09 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	3,659	332.04 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,606	332.04 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	390	13.875 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	12,671	13.821 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	26,295	13.823 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	88,736	13.792 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,000	13.838 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	4,511	13.832 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	360	13.825 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	454	13.787 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	854	13.825 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	126	13.876 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	170	13.868 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,311	13.863 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	344	13.869 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,278	13.863 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	23	13.876 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	31	13.868 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	62	13.869 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	27	13.869 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	11	13.875 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	13	13.868 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	724	13.826 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:	21/02/2024
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