Ninety One UK Ltd has disclosed its position in Mondi Plc, as per the Form 8.3 filing. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, indicates that Ninety One UK Ltd owns and/or controls 17,422,589 shares, representing 3.94% of the relevant securities of Mondi Plc. Additionally, the disclosure includes cash-settled derivatives of 38,603 shares, amounting to 0.01% of the total. It's important to note that Ninety One UK Ltd does not have discretion regarding voting decisions in respect of 623,255 shares included in the total above.
The filing also details recent dealings by Ninety One UK Ltd, including the purchase of 752 securities at a price of ZAR 322.045425 per unit and the sale of 307 securities at a price of ZAR 330.802247 per unit. The disclosure further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The Form 8.3 filing provides a comprehensive overview of Ninety One UK Ltd's interests and short positions in Mondi Plc, offering transparency in line with regulatory requirements. The disclosure is a part of the public opening position disclosure/dealing disclosure by a person with interests in relevant securities representing 1% or more, as mandated by the Takeover Code.