Form 8.5 (EPT/RI)_MONDI_MLI

Bank of America Merrill Lynch

15 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:	14/03/2024
(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	381,056	13.3 GBP	13.06 GBP
EUR 0.22 ordinary	Sale	514,668	13.305 GBP	13.055 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 Long Position	5,208	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	11,057	13.163 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	80,165	13.148 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,438	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,391	13.193 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	7,186	13.193 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	14,870	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	43,948	13.193 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,508	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	2,770	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,005	13.193 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	403	13.128 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	1,261	13.145 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	6,597	13.116 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3	13.114 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	6	13.124 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	3,271	13.109 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	5,819	13.109 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	16	13.262 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	453	13.238 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	29	13.245 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	31	13.194 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	49	13.238 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	810	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	4,418	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	41	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	186	13.238 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	174	314.841 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	518	314.841 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	518	314.841 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	174	314.841 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	107,780	13.212 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	20,470	13.154 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	15,970	13.154 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,791	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	692	314.762 ZAR
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	110	13.167 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	7,561	13.167 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,051	13.167 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	6,873	13.167 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,941	13.167 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	469	13.11 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Long Position	1,339	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Long Position	898	13.181 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	75,750	13.125 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	73,395	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	29,628	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	61	13.155 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	39	13.116 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	6	13.07 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,683	13.107 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	112	13.084 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	264	13.084 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	292	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	78	13.084 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	23	13.084 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	411	13.084 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3	13.06 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Closing a Short Position	117	13.196 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	1,166	13.182 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	489	13.25 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	3	13.084 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	179	13.084 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	17	13.084 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Short Position	60	13.059 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	9	13.082 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	807	13.207 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	25	13.226 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	349	13.102 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	415	13.233 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	4,105	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	218	13.238 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	4,762	13.109 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Increasing a Short Position	836	13.1 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Reducing a Long Position	304	13.173 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	759	13.115 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	5,000	13.112 GBP
EUR 0.22 ordinary	Swaps - Equity Swaps	Opening a Short Position	2,500	13.086 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:	15/03/2024
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