The Vanguard Group, Inc. Discloses Position in Mondi plc

The Vanguard Group, Inc. has released information regarding its holdings in Mondi plc as per the requirements of the Takeover Code. The notice dated 28 March 2024 provides an opening position disclosure, indicating a significant interest in the shares of Mondi plc. According to this form, The Vanguard Group, Inc. controls 21,380,242 ordinary shares of Mondi plc, representing approximately 4.84% of the company’s issued share capital.

This disclosure comes in the context of Rule 8.3 of the Takeover Code, which mandates that any person with an interest in relevant securities representing 1% or more must publicly disclose their position. In addition to its holdings in Mondi plc, The Vanguard Group, Inc. also made disclosures concerning its interests in other companies involved in potential mergers or acquisitions, specifically mentioning Smith (DS) plc and International Paper Company.

The Vanguard Group's recent activities include a purchase of 2,566 ordinary shares of Mondi plc at a price of 13.98 GBP per unit on 27 March 2024. No other dealing activities or stock-settled transactions were disclosed in this report. Furthermore, The Vanguard Group, Inc. confirmed that it has not engaged in any indemnity or derivative dealings concerning its position in Mondi plc.