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 February 12, 2024, indicated that Coronation Fund Managers had acquired voting rights attached to shares, resulting in a total of 5.117056% of voting rights in Mondi Plc. This acquisition amounted to 22,587,325 voting rights held in the issuer. The previous notification showed a position of 4.988944% of voting rights, indicating an increase in Coronation Fund Managers' holdings.
The notification detailed the breakdown of the voting rights, with 5.117056% being direct and 0% indirect. It also outlined the absence of any financial instruments with voting rights. Coronation Fund Managers was identified as the ultimate controlling person, with Coronation Asset Management (Pty) Ltd holding the voting rights. The notification did not include information regarding proxy voting or additional details.
The completion date of the notification was February 12, 2024, and it was finalized in 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 changes in major interests in shares within Mondi Plc, reflecting the evolving ownership landscape of the company.