The Vanguard Group, Inc. Discloses Stake in Mondi plc

The Vanguard Group, Inc. has reported its holding in Mondi plc, revealing an ownership stake that represents 4.87% of the company. This disclosure was made following the regulations of the Takeover Code, necessitating public disclosure from any party holding interests in relevant securities amounting to 1% or more. The filing, dated 11 April 2024, outlines transactions leading up to their position as of 10 April 2024.

Additionally, besides its interests in Mondi plc, The Vanguard Group, Inc. has disclosed that it is making disclosures concerning other parties connected to the offer, including the International Paper Company and Smith (DS) plc. Notably, the disclosed dealings include both purchases and sales of the EUR 0.22 ordinary securities in Mondi plc, with the transactions specified occurring at a uniform price of 14.23 GBP per unit.

The Vanguard Group's disclosed position underscores their significant stake in Mondi plc amidst the current market dynamics. As stated, there are no indemnity or dealing arrangements that might influence The Vanguard Group's dealings in these securities, affirming a straightforward declaration of their market position.