Vanguard Group Discloses Stake in Mondi plc

The Vanguard Group, Inc. has announced its current ownership interest in Mondi plc, demonstrating its significant investment in the company. As of 14 March 2024, The Vanguard Group holds 21,366,737 shares, representing a 4.84% ownership stake in Mondi plc. This stake underlines The Vanguard Group's role as a major shareholder and reflects its investment strategy and confidence in Mondi's business model.

This disclosure, mandated by Rule 8.3 of the Takeover Code, is part of the regulatory requirements for entities with interests in securities representing 1% or more of a company. In dealing activities reported alongside this disclosure, The Vanguard Group disclosed a purchase of 736 shares of Mondi plc at a price of 13.12 GBP per share. This transaction showcases The Vanguard Group's ongoing adjustments to its investment holdings.

The Form 8.3 filing provides transparency regarding The Vanguard Group's dealings and interests in Mondi plc, offering investors and stakeholders a clear view of significant ownership positions within the company. No additional dealings in derivatives or related securities were reported, indicating a straightforward investment approach by The Vanguard Group in Mondi plc.