Mondi Plc, a UK-based company, received a notification of major interests in shares from Coronation Fund Managers, a South African entity. The notification, dated April 17, 2024, indicated that Coronation Fund Managers had acquired voting rights in Mondi Plc, with a total of 5.922229% of voting rights attached to shares, representing 26,141,461 voting rights held in the issuer. The notification also detailed the financial instruments and the controlled undertakings through which the voting rights were effectively held.
Coronation Fund Managers, through its controlled undertaking Coronation Asset Management (Pty) Ltd, holds the voting rights. The notification did not include information about proxy voting or additional details. The completion date of the notification was also April 17, 2024, and the place of completion was Cape Town, South Africa. The sponsor in South Africa for this notification was Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities.
This notification provides insight into the acquisition of voting rights in Mondi Plc by Coronation Fund Managers, offering transparency and compliance with regulatory requirements.