The Vanguard Group, Inc. Reports Holdings in Mondi plc and Smith (DS) plc

The Vanguard Group, Inc. disclosed its positions in Mondi plc, as per the Form 8.3 requirements under the Takeover Code. As of 18 March 2024, The Vanguard Group holds a significant interest in Mondi plc, possessing 21,364,953 shares, equating to a 4.84% stake. This disclosure is part of the public opening position required for entities holding interests in relevant securities representing 1% or more.

In the same disclosure, The Vanguard Group also indicated dealings with Smith (DS) plc. Though specific details regarding the extent of transactions or holdings in Smith (DS) plc were not disclosed, the dual mention underscores The Vanguard Group's active positioning in multiple securities relevant to the market watchers.

The filing also records a purchase of 916 shares of Mondi plc at a price of 13.20 GBP per share. It underscores The Vanguard Group's ongoing adjustments in its investment holdings. Notably, the disclosure mentioned there are no arrangements or agreements that would serve as inducements to deal or refrain from dealing, affirming the transparency and compliance with the Takeover Code's stipulations.