Mondi Plc - Form 8 (OPD) Mondi plc - Public Opening Position Disclosure under Rules 8.1 & 8.2 of the Takeover Code
Incorporated in
Registered number: 6209386
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION
______________________________________________________________________________ |(a) Full name of discloser: |Mondi plc | |_____________________________________________________________|________________| |(b) Owner or controller of interests and short positions | | |disclosed, if different from 1(a): | | | |N/A | |The naming of nominee or vehicle companies is | | |insufficient.For a trust, the trustee(s), settlor and | | |beneficiaries must be named. | | |_____________________________________________________________|________________| |(c) Name of offeror/offeree in relation to whose relevant | | |securities this form relates: |Mondi plc | | | | |Use a separate form for each offeror/offeree | | |_____________________________________________________________|________________| |(d) Is the discloser the offeror or the offeree? |OFFEROR | |_____________________________________________________________|________________| |(e) Date position held: | | | |22 February 2024| |The latest practicable date prior to the disclosure | | |_____________________________________________________________|________________| |(f) In addition to the company in 1(c) above, is the | | |discloser making disclosures in respect of any other party to| | |the offer? |No | | | | |If it is a cash offer or possible cash offer, state "N/A" | | |_____________________________________________________________|________________|
2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates
_______________________________________________________________________ |Class of relevant security: |Ordinary shares | | |in Mondi plc | |_____________________________________________________|_________________| | |Interest|Short | | | |position| | |________|________| | |Number|%|Number|%| |_____________________________________________________|______|_|______|_| |(1) Relevant securities owned and/or controlled: |Nil |-|Nil |-| |_____________________________________________________|______|_|______|_| |(2) Cash-settled derivatives: |Nil |-|Nil |-| |_____________________________________________________|______|_|______|_| |(3) Stock-settled derivatives (including options) and|Nil |-|Nil |-| |agreements to purchase/sell: | | | | | |_____________________________________________________|______|_|______|_| |TOTAL: |Nil |-|Nil |-| |_____________________________________________________|______|_|______|_|
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
______________________________________________________________________________ |Class of relevant security in relation to which subscription right exists:|N/A| |__________________________________________________________________________|___| |Details, including nature of the rights concerned and relevant |N/A| |percentages: | | |__________________________________________________________________________|___|
3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
_____________________________________________________________________________ |Details of any interests, short positions and rights to subscribe (including | |directors' and other employee options) of any person acting in concert with | |the party to the offer making the disclosure: | |_____________________________________________________________________________| |(A) Interests inMondi plc ordinary shares held by the directors ofMondi plc | |and their close relatives and related trusts | | | | ________________________________________________________________________ | ||Mondi plc Director |Number of relevant securities owned and/or|%[1]| | || |controlled | | | ||________________________|__________________________________________|____| | ||Philip Yea |25,000 |0.00| | ||________________________|__________________________________________|____| | ||Andrew King |191,784[2] |0.04| | ||________________________|__________________________________________|____| | ||Michael Powell |36,572[3] |0.00| | ||________________________|__________________________________________|____| | ||Svein Richard Brandtzaeg|1,136 |0.00| | ||________________________|__________________________________________|____| | ||Susan Clark |3,845 |0.00| | ||________________________|__________________________________________|____| | ||Saki Macozoma |400 |0.00| | ||________________________|__________________________________________|____| | ||Dominique Reiniche |909 |0.00| | ||________________________|__________________________________________|____| | ||Angela Strank |817 |0.00| | ||________________________|__________________________________________|____| | ||Stephen Young |1,841 |0.00| | ||________________________|__________________________________________|____| | | | |(B) Interests under theMondi plc share plans held by the directors ofMondi | |plc | | | | _________________________________________________________________________ | ||Mondi plc |Number of | |Vesting Date |Expiry Date |Exercise| | ||Director |relevant |Grant Date|[4] |[5] |Price | | || |securities | | | | | | ||___________|_____________|__________|_____________|_____________|________| | || | | |29 February |On or around | | | || |18,970 (BSP) |12/03/21 |2024 |29 February |Nil cost| | || | | | |2025 | | | || |_____________|__________|_____________|_____________|________| | || |128,675 | |29 February |On or around | | | || |(LTIP) |12/03/21 |2024 |29 February |Nil cost| | || | | | |2025 | | | || |_____________|__________|_____________|_____________|________| | || |64,849 (BSP) |10/03/22 |On or around |On or around |Nil cost| | ||Andrew King| | |10 March 2025|10 March 2026| | | || |_____________|__________|_____________|_____________|________| | || |170,389 |10/03/22 |On or around |On or around |Nil cost| | || |(LTIP) | |10 March 2025|10 March 2026| | | || |_____________|__________|_____________|_____________|________| | || |63,779 (BSP) |06/03/23 |On or around |On or around |Nil cost| | || | | |6 March 2026 |6 March 2027 | | | || |_____________|__________|_____________|_____________|________| | || |175,110 |06/03/23 |On or around |On or around |Nil cost| | || |(LTIP) | |6 March 2026 |6 March 2027 | | | ||___________|_____________|__________|_____________|_____________|________| | || | | |29 February |On or around | | | || |2,038 (BSP) |12/03/21 |2024 |29 February |Nil cost| | || | | | |2025 | | | || |_____________|__________|_____________|_____________|________| | || | | |29 February |On or around | | | || |74,916 (LTIP)|12/03/21 |2024 |29 February |Nil cost| | || | | | |2025 | | | || |_____________|__________|_____________|_____________|________| | ||Michael |37,607 (BSP) |10/03/22 |On or around |On or around |Nil cost| | ||Powell | | |10 March 2025|10 March 2026| | | || |_____________|__________|_____________|_____________|________| | || |99,201 (LTIP)|10/03/22 |On or around |On or around |Nil cost| | || | | |10 March 2025|10 March 2026| | | || |_____________|__________|_____________|_____________|________| | || |37,761 (BSP) |06/03/23 |On or around |On or around |Nil cost| | || | | |6 March 2026 |6 March 2027 | | | || |_____________|__________|_____________|_____________|________| | || |101,947 |06/03/23 |On or around |On or around |Nil cost| | || |(LTIP) | |6 March 2026 |6 March 2027 | | | ||___________|_____________|__________|_____________|_____________|________| | |_____________________________________________________________________________|
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
______________________________________________________________________________ |Details of any indemnity or option arrangement, or any agreement or | |understanding, formal or informal, relating to relevant securities which may | |be an inducement to deal or refrain from dealing entered into by the party to | |the offer making the disclosure or any person acting in concert with it: | | | |Irrevocable commitments and letters of intent should not be included. If there| |are no such agreements, arrangements or understandings, state "none" | |______________________________________________________________________________| |None | |______________________________________________________________________________|
(b) Agreements, arrangements or understandings relating to options or derivatives
_____________________________________________________________________________ |Details of any agreement, arrangement or understanding, formal or informal, | |between the party to the offer making the disclosure, or any person acting in| |concert with it, and any other person relating to: | | | |(i) the voting rights of any relevant securities under any option; or | | | |(ii) the voting rights or future acquisition or disposal of any relevant | |securities to which any derivative is referenced: | | | |If there are no such agreements, arrangements or understandings, state "none"| |_____________________________________________________________________________| |None | |_____________________________________________________________________________|
(c) Attachments
Are any Supplemental Forms attached?
_______________________________________ |Supplemental Form 8 (Open Positions)|NO| |____________________________________|__| |Supplemental Form 8 (SBL) |NO| |____________________________________|__|
____________________________________ | |22 February 2024| |Date of disclosure:| | |___________________|________________| | |Jenny Hampshire | |Contact name: | | |___________________|________________| | |+44 1932 826368 | |Telephone number: | | |___________________|________________|
Public disclosures under Rule 8 of the Code must be made to a
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .
Sponsor in
[1] Rounded down to two decimal places.
[2]
The total of which includes 6,942 shares held in the trust for
[3]
The total of which includes 654 shares held in the trust for
[4]
[5]
Expiry Dates flow from the relevant Vesting Dates, and therefore vary depending on when
