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 August 7, 2024, disclosed that Coronation Fund Managers had acquired voting rights in Mondi Plc, crossing a threshold on August 2, 2024. The total number of voting rights held in the issuer was reported as 22,126,816, representing 5.012729% of the voting rights attached to shares.
The notification detailed that the acquisition resulted in a direct percentage of 5.012729 of voting rights attached to shares, with no indirect voting rights through financial instruments. Coronation Fund Managers, through its controlled undertaking Coronation Asset Management (Pty) Ltd, effectively held the voting rights. The disclosure also confirmed that there were no proxy voting arrangements in place.
The notification was completed in Cape Town, South Africa, on August 7, 2024, and was supplied by Euroland.com. The sponsor in South Africa for this notification was Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities. The notification provided a comprehensive overview of the acquisition of voting rights by Coronation Fund Managers in Mondi Plc, offering transparency and compliance with regulatory requirements.