The Vanguard Group, Inc. Reports Holding in Mondi plc

The Vanguard Group, Inc. disclosed its holding in Mondi plc, representing a significant stake in the company. As per the Form 8.3 submitted on April 5, 2024, The Vanguard Group, Inc. possesses interests amounting to 21,463,263 shares or 4.86% in total. This disclosure is in accordance with the Rule 8.3 of the Takeover Code, signaling an opening position related to interests in relevant securities that exceed 1%.

Additionally, alongside Mondi plc, the disclosure mentions engagements with other parties such as International Paper Company and Smith (DS) plc, indicating a broader scope of interest within the sector. On April 4, 2024, just a day before the disclosure, The Vanguard Group, Inc. engaged in transactions involving the purchase of 357 shares of Mondi plc at a price of 14.21 GBP per EUR 0.22 ordinary share.

This move by The Vanguard Group, Inc. underscores its active interest and strategic positioning in the paper and packaging industry, demonstrated through its significant holdings and recent transactions. The report concludes without noting any indemnity, dealing arrangements, or additional derivatives or options related to its holdings in Mondi plc.