Ninety One UK Ltd has disclosed its position in Mondi Plc, as of April 12, 2024. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, reveals that Ninety One UK Ltd owns and/or controls 19,795,172 shares, representing 4.48% of the relevant securities. Additionally, the disclosure includes cash-settled derivatives of 24,852 shares, amounting to 0.01% of the total. It's important to note that Ninety One UK Ltd does not have discretion regarding voting decisions in respect of 2,375,898 shares that are included in the total above.
The disclosure also details recent dealings by Ninety One UK Ltd, including purchases and sales of Mondi Plc's common stock. The purchases include 462,346 shares at ZAR 330.1379 per unit, 1,755 shares at ZAR 331.00 per unit, and 15,144 shares at GBP 14.27 per unit. Additionally, there were sales of 453 shares at ZAR 330.372384 per unit.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives, and no supplemental form is attached.
This disclosure provides a comprehensive overview of Ninety One UK Ltd's position and recent dealings with Mondi Plc's securities, offering transparency in accordance with regulatory requirements.