Vanguard Group Disclosure on Mondi plc Stake

The Vanguard Group, Inc. has publicly disclosed their ownership stake in Mondi plc as part of compliance with the Takeover Code. According to the disclosure dated 17 April 2024, Vanguard holds approximately 4.87% of Mondi plc’s issued share capital, representing a total of 21,500,294 shares in the company. Additionally, Vanguard reported a purchase of 1,128 Mondi plc shares at a price of 13.63 GBP per share.

This disclosure comes amidst interests also being declared in other companies, including International Paper Company and Smith (DS) plc, indicating Vanguard's active engagement in significant market movements. The transparency in their trading activities aims to provide clear information on their financial dealings concerning these companies.

Vanguard has confirmed no involvement in any indemnity or dealing arrangements concerning their disclosed positions, which could influence their trading decisions. This move to disclose such information is aligned with regulatory requirements intended to maintain market integrity.