The Vanguard Group, Inc. Discloses Position in Mondi plc Amid Market Movements

The Vanguard Group, Inc. has recently revealed its significant holding in Mondi plc, according to a public disclosure made under the Takeover Code, indicating a holding of 21,462,906 shares, amounting to 4.86% of the company. This disclosure, corresponding to transactions dated 03 April 2024, underscores The Vanguard Group's substantial interest in Mondi plc amidst the current market dynamics.

Furthermore, The Vanguard Group engaged in specific purchases with the procurement of 5,568 and 61,948 shares at prices of 13.73 GBP and 13.75 GBP respectively. These acquisitions highlight The Vanguard Group's ongoing investment activities in relation to Mondi plc. It's important to note, The Vanguard Group is also making disclosures about International Paper Company and Smith (DS) plc, suggesting a broader investment strategy involving significant entities within the sector.

No agreements, arrangements, or understandings were disclosed in relation to the voting rights or future acquisitions of Mondi plc securities. This disclosure offers insights into The Vanguard Group's investment behaviors and its strategic positions within major companies, potentially signaling its confidence in the sector's outlook.