Man Group PLC

Form 8.3 - Mondi plc

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

(a)   Full name of discloser:	Man Group PLC
(b)   Owner or controller of interests and short positions disclosed, if different from 1(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:         Use a separate form for each offeror/offeree	Mondi plc
(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)   Date position held/dealing undertaken:         For an opening position disclosure, state the latest practicable date prior to the disclosure	27/03/2024
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?         If it is a cash offer or possible cash offer, state “N/A”	YES / NO / N/A Offeree: Smith (DS) plc Offeror: International Paper Company

2.        POSITIONS OF THE PERSON 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 following the dealing (if any)

Class of relevant security:	EUR 0.22 ordinary
	Interests		Short positions
	Number	%	Number	%
(1)   Relevant securities owned and/or controlled:	2,752,844	0.62
(2)   Cash-settled derivatives:	3,969,475	0.90	1,776,057	0.40
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:	1,140,139	0.26
TOTAL:	7,862,458	1.78	1,776,057	0.40

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).

(b)      Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
EUR 0.22 ordinary	Equity Swap	Increasing a short position	1,198	14.017 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	2,753	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	8,663	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	88,938	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	18,465	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	28,264	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	58,103	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	453	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	1,424	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	694	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	2,183	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	965	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	3,038	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	13,920	14.018 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	2,976	14.050 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	1,525	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	485	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	1,464	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	465	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	9,936	14.018 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	2,124	14.050 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	250	14.027 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	16,925	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	5,378	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	439	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	1,384	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	2,153	14.018 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	460	14.050 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	159,475	14.018 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	34,103	14.050 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	741	14.050 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	3,466	14.018 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	399	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	820	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	1,257	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	260	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	1,027	14.018 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	219	14.050 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	472	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	1,488	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	1,802	14.018 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	385	14.050 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	9,862	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a long position	31,026	14.153 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	8,992	14.050 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	42,056	14.018 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	1,300	14.027 GBP
EUR 0.22 ordinary	Equity Swap	Reducing a short position	250	14.027 GBP

(c)        Stock-settled derivative transactions (including options)

(i)        Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: 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 person making the disclosure 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

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:	28/03/2024
Contact name:	Mackenzie Terry
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

Full name of person making disclosure:	Mackenzie Terry
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	MONDI PLC

2.        STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date
EUR 0.22 ordinary	Call Option	Purchased	541,541.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	353,353.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	9,009.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	7,007.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	5,005.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	4,004.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	9,009.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	9,009.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	96,096.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	52,052.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	13,013.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	8,008.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	27,027.00	GBP 14	American	19/04/2024
EUR 0.22 ordinary	Call Option	Purchased	6,006.00	GBP 14	American	19/04/2024

3.        AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.