The Vanguard Group, Inc. Announces Position in Mondi PLC

The Vanguard Group, Inc. disclosed its holding in Mondi PLC as of 15 March 2024, indicating a significant interest under the regulations of the Takeover Code. The disclosure revealed that The Vanguard Group now holds a total of 21,364,037 ordinary shares in Mondi PLC, representing a 4.84% stake. This information was part of a routine opening position disclosure, stipulated by Rule 8.3 of the Takeover Code, for entities possessing interests in relevant securities amounting to 1% or more.

In addition, The Vanguard Group also disclosed transactions in Mondi PLC’s securities, including the purchase of 46,170 shares at a price per unit of 13.32 GBP and the sale of 48,870 shares at the same unit price. These transactions highlight the active engagement of The Vanguard Group in the trading of Mondi PLC shares. Moreover, the disclosure points out that there are no indemnity, option arrangements, or any agreements influencing the disclosed dealings, ensuring transparency in The Vanguard Group's investment activities in relation to Mondi PLC.