The Vanguard Group, Inc. announces its position in Mondi plc

The Vanguard Group, Inc. has disclosed its financial position within Mondi plc, a notable company in its industry. The disclosure, made on February 26, 2024, complies with rule 8.3 of the Takeover Transactions Code, reflecting a possession of a significant interest in the shares of Mondi plc. This announcement highlights financial transparency and growing interest in strategic moves within the market.

According to the disclosure, The Vanguard Group owns 21,296,285 ordinary shares of Mondi plc, representing 4.82% of the company. The benchmark for this position was established on February 23, 2024. This substantial stake highlights the investment group's potentially considerable influence on the strategic decisions and future directions of Mondi plc.

In addition to its stake in Mondi plc, The Vanguard Group has also reported moves related to Smith (DS) plc, highlighting their activity on several market fronts. The Vanguard Group's involvement in these companies demonstrates their diversified investment strategy and their interest in varied business sectors.