Form 8.5 (EPT/RI)

Bank of America Merrill Lynch

20 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:	19/03/2024
(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	446,348	13.335 GBP	13.045 GBP
EUR 0.22 ordinary	Sale	397,758	13.335 GBP	13.04 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	2,087	13.219 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	15,717	13.108 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	724	13.108 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	10,996	13.108 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,860	13.108 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	2,611	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,741	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	683	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	12,219	13.199 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	22,169	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	20,288	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	37,731	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	14,870	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	243	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	299	13.207 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,611	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	87	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	55,385	13.207 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	956	13.321 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	548	13.321 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	382	13.227 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,112	13.334 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	118	13.131 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	5,412	13.334 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1	13.151 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	350	13.085 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	246	13.085 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	112	13.085 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	10,081	316.209 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	10,081	316.209 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	767	315.047 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	333	314.982 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	10,645	13.273 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	41,797	13.141 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,725	13.156 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	8,981	316.269 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	2,710	13.074 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	20	13.303 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	758	13.315 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	1	13.067 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	1	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	4,395	13.332 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	15,425	13.146 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	137	13.146 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	15,425	13.146 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	586	13.146 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,400	13.219 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,387	13.141 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	2,500	13.079 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	27	13.335 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	4,232	13.182 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	4,205	13.335 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:	20/03/2024
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