Form 8.5 (EPT/RI)

Bank of America Merrill Lynch

05 March 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:	04/03/2024
(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	536,364	13.99 GBP	13.645 GBP
EUR 0.22 ordinary	Sale	505,275	13.965 GBP	13.665 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 short position	43	333.59 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	10,187	332.709 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,170	333.104 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	957	333.105 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	194	333.59 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,732	13.841 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	452	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	3,995	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	700	13.991 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,450	13.804 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	15,811	13.804 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	5,341	13.775 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	600	13.925 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	16,368	13.925 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	86,172	13.824 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	5,976	13.751 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,808	13.772 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	19	13.774 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	19	13.724 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	1,308	13.833 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	193	13.837 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	9,663	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	648	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	16,912	13.915 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	298	13.814 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	12,956	13.804 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	16,375	13.775 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	1,336	13.796 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	54	13.708 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	9,644	13.793 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	5,541	13.784 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,224	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,523	13.865 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	3,578	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	1,232	13.765 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	135	13.995 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	9,701	13.841 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	6,997	13.791 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	12,007	13.837 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	54	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	16	13.775 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	956	13.819 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	360	13.775 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	1,152	13.804 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,190	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	16,368	13.925 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	3,858	13.774 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,235	13.803 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	318	13.768 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	4,300	13.804 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	2,556	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,696	13.925 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	3,857	13.834 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	987	13.761 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	25	13.724 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	135	13.833 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	254	13.745 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a long position	88	13.766 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	721	13.793 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	2,591	13.768 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	1,065	13.76 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	6,684	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	886	13.826 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	9	13.807 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	70,318	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short position	648	13.726 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a short position	912	13.723 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	254	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	54	13.814 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	7,344	13.803 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	3,857	13.834 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	16,200	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	5,491	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	14,328	13.925 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	1,236	13.784 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	18,180	13.834 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	315	13.841 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a long position	400	13.837 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a short position	912	13.84 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a long position	134	13.818 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:	05/03/2024
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