The Vanguard Group, Inc. Discloses Position in Mondi plc

The Vanguard Group, Inc. has released a public opening position statement in connection with Mondi plc, as outlined by Form 8.3. This reveals The Vanguard Group’s interests in securities of Mondi plc that represent over 1%. According to the disclosure, the entity held a total interest amounting to 21,354,991 shares, or 4.84%, as of 1 March 2024. This significant holding highlights The Vanguard Group's stake in the company amidst the dynamics of financial markets.

The disclosure also outlined transactions in Mondi plc's EUR 0.22 ordinary shares, noting purchases and sales around the 14.07 to 14.12 GBP price range. Despite the intricacies of the deals, The Vanguard Group, Inc. maintains its transparent reporting in compliance with Rule 8.3 of the Takeover Code. Additionally, the disclosure involves another party of interest, Smith (DS) plc, indicating the wider scope of The Vanguard Group’s market activities and its strategic investments in the sector.

No indemnities, option arrangements, or understandings related to the securities were reported, pointing to a straightforward investment position by The Vanguard Group, Inc. without underlying agreements that could impact its dealing decisions. This clear declaration supports transparent market operations and provides stakeholders with critical information regarding The Vanguard Group's holdings and market activities.