The Vanguard Group, Inc. Discloses Stake in Mondi plc

The Vanguard Group, Inc. has officially disclosed its ownership and dealings related to Mondi plc, marked by the submission of Form 8.3, abiding by the Takeover Code's Rule 8.3. The disclosure, dated 06 March 2024, reveals The Vanguard Group's significant stake in the packaging and paper company.

As of 05 March 2024, The Vanguard Group controls a total of 21,357,454 ordinary shares of Mondi plc, which equates to a 4.84% interest. This disclosure not only highlights The Vanguard Group's substantial involvement in Mondi plc but also evidences activities related to Smith (DS) plc, denoting a broader interest in the sector.

In addition to the static holdings, transaction details for EUR 0.22 ordinary shares were provided, with a specific purchase of 133 shares at a price of 13.85 GBP. This transaction is part of the ongoing financial maneuvers by The Vanguard Group in relation to its investment strategy in Mondi plc and possibly other entities within the sector.

No details were provided regarding any derivative transactions, stock-settled derivatives, or other forms of dealing, indicating a straightforward equity position. Equally, there are no disclosed indemnity, option agreements, or arrangements that could influence dealings, cementing The Vanguard Group's transparent approach to its stake in Mondi plc.