The Vanguard Group, Inc. Discloses Position in Mondi plc

The Vanguard Group, Inc. has announced its position in Mondi plc, revealing an ownership of 21,356,591 shares, equivalent to a 4.84% stake in the company. This disclosure was made on 08 March 2024 in line with the Rule 8.3 of the Takeover Code. The position was held as of 07 March 2024, indicating active engagement in the market.

In addition to Mondi plc, The Vanguard Group, Inc. also disclosed actions in relation to Smith (DS) plc, suggesting a broader interest in the sector. The disclosure included both purchases and sales of Mondi's EUR 0.22 ordinary shares on unspecified dates, with transactions at a price of 13.80 GBP each, showcasing active trading activities.

Furthermore, there were no open stock-settled derivative positions or agreements to purchase or sell relevant securities reported. The disclosure also noted that there are no indemnity or other dealing arrangements related to the offer. Such transparency in disclosing dealings and positions is in accordance with regulatory requirements aimed at ensuring market integrity.