Mondi Plc has received a notification of major interests in shares from Ninety One SA (Pty) Ltd, a South African company. The notification, dated May 10, 2024, states that Ninety One SA (Pty) Ltd acquired voting rights in Mondi Plc on May 9, 2024, crossing the threshold. The total percentage of voting rights attached to shares after the acquisition is 5.022200%, with a total of 22,168,575 voting rights held in the issuer.
The notification also provides details of the shareholder, with Ninety One SA (Pty) Ltd being the entity subject to the notification obligation. It outlines the full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities.
The notification includes information about the financial instruments held by Ninety One SA (Pty) Ltd and its controlled undertakings, detailing the percentage of voting rights through these instruments. It also specifies the date of completion as May 10, 2024, with the place of completion being London.
The sponsor in South Africa for this notification is Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities. The notification provides a comprehensive overview of the acquisition of voting rights by Ninety One SA (Pty) Ltd in Mondi Plc, ensuring transparency and compliance with regulatory requirements.
This notification serves as an important disclosure of the changes in major interests in shares of Mondi Plc, providing relevant information for investors and stakeholders.