Vanguard Group Holds a Significant Stake in Mondi plc

The Vanguard Group, Inc. has revealed a significant position in Mondi plc, pursuant to the disclosure of an open position made public on February 27, 2024. This announcement comes within the framework of the obligations set out by the Kingdom's Acquisition Code -United, which requires holders of significant interests in listed companies to declare their positions.

The disclosed filing indicates that The Vanguard Group, Inc. owns and/or controls a total of 21,319,898 EUR 0.22 ordinary shares of Mondi plc, representing approximately 4.83% of the company's voting rights. This substantial stake demonstrates Vanguard's interest and confidence in Mondi plc.

Additionally, The Vanguard Group completed an additional share acquisition on February 26, 2024, purchasing 23,613 shares at a price of GBP 14.01 per share. This strategic move underlines the group's continued commitment to Mondi plc.

It is also mentioned in the disclosure that The Vanguard Group holds a stake in another company, Smith (DS) plc, thus confirming the group's active role in the financial market and its interest in the packaging and paper sector.