BlackRock, Inc., a US-based investment management firm, has acquired additional voting rights in Mondi Plc, a UK-based packaging and paper company. The acquisition of voting rights by BlackRock, Inc. was notified on January 10, 2024, with the total percentage of voting rights reaching 7.02%. This increase in voting rights is a result of both direct shareholding and financial instruments held by BlackRock, Inc.
The details of the shareholder's position as of the threshold crossing date, January 9, 2024, indicate that BlackRock, Inc. holds 5.01% of voting rights attached to shares directly and 2.01% through financial instruments. The total number of voting rights held by BlackRock, Inc. in Mondi Plc is 34,144,438.
The notification also provides a breakdown of the chain of controlled undertakings through which the voting rights and financial instruments are effectively held by BlackRock, Inc. This includes various entities under the control of BlackRock, Inc., such as BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., and other subsidiaries.
This notification of BlackRock, Inc.'s increased voting rights in Mondi Plc provides insights into the changes in the company's ownership structure and the influence of major shareholders. It reflects BlackRock, Inc.'s continued interest and involvement in Mondi Plc, a leading player in the packaging and paper industry.