BlackRock, Inc. has acquired voting rights in Mondi Plc, a UK-based company. The acquisition was notified on January 8, 2024, with the threshold being crossed on January 5, 2024. BlackRock, Inc. now holds 4.95% of voting rights attached to shares directly and 2.06% through financial instruments, totaling 7.01% of voting rights. This amounts to a total of 34,135,128 voting rights held in the issuer.
The breakdown of the voting rights held by BlackRock, Inc. includes 24,059,197 voting rights attached to shares directly and 9,994,105 voting rights through financial instruments. These financial instruments include securities lending and American Depository Receipts, with a total of 81,826 voting rights through Contracts for Difference (CFD).
The notification also provides details of the chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held by BlackRock, Inc. This includes various entities such as BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., BlackRock International Holdings, Inc., and several others.
This notification of BlackRock, Inc.'s acquisition of voting rights in Mondi Plc provides transparency regarding the changes in the company's ownership structure and the significant interests held by a major shareholder.