Ninety One UK Ltd has disclosed its position in Mondi Plc, as of March 15, 2024. The disclosure indicates that Ninety One UK Ltd owns and/or controls 13,955,300 shares, representing 3.16% of the common stock of Mondi Plc. Additionally, the disclosure shows that Ninety One UK Ltd holds 30,007 cash-settled derivatives, amounting to 0.01% of the relevant securities. The disclosure also includes details of recent dealings, such as the sale of 39,836 securities at a price of ZAR 317.1155 per unit and the sale of 1,093,716 securities at a price of ZAR 318.1487 per unit.
The disclosure further states that Ninety One UK Ltd does not have discretion regarding voting decisions in respect of 511,591 shares that are included in the total above. The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
This disclosure is in accordance with Rule 8.3 of the Takeover Code and provides transparency regarding Ninety One UK Ltd's interests and short positions in Mondi Plc. It offers valuable insights into the ownership and control of relevant securities, as well as recent dealings by the disclosing entity.