Ninety One UK Ltd has disclosed its position in Mondi Plc, as per the requirements of Rule 8.3 of the Takeover Code. The disclosure, dated 23rd February 2024, reveals that Ninety One UK Ltd owns and/or controls 17,336,072 shares of Mondi Plc, representing 3.92% of the total shares. Additionally, they hold 38,603 cash-settled derivatives, amounting to 0.01% of the total shares. It's important to note that Ninety One UK Ltd does not have discretion regarding voting decisions in respect of 623,255 shares that are included in the total above.
The disclosure also includes details of recent dealings by Ninety One UK Ltd in Mondi Plc's shares. This includes the purchase of 1,595 shares at a price of ZAR 349.408119 per unit and the sale of 311 shares at a price of ZAR 348.67 per unit.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between Ninety One UK Ltd and any other party.
The disclosure is in compliance with the regulatory requirements, and no supplemental form is attached. The contact person for this disclosure is Mark Roper, with a provided telephone number for further inquiries.
This disclosure provides valuable insight into Ninety One UK Ltd's significant position in Mondi Plc and its recent dealings, offering transparency in accordance with the regulatory requirements.