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Transactions in Mondi plc Ordinary Shares of €0.22 Each

Published: 2025-03-07 13:45:21 ET
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Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI      ISIN: GB00BMWC6P49
JSE share code: MNP



7 March 2025


TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH

On 7 March 2025, awards of shares took place under the Mondi plc Bonus Share
Plan (BSP) and Long Term Incentive Plan (LTIP).

Mondi plc Bonus Share Plan

Date of transaction             7 March 2025
Class of share                  Ordinary
Option price                    Nil cost option
Vesting date                    After the announcement of the final results for
                                2027, in early 2028
Additional Information          The share award under the BSP represents half
                                of the Executive’s total bonus as approved by the
                                Remuneration Committee. In line with the
                                standard methodology adopted each year, the
                                number of shares under award is determined
                                with reference to the average share price over
                                three trading days commencing with the
                                announcement of results.

Mondi plc Long Term Incentive Plan

Date of transaction             7 March 2025
Class of share                  Ordinary
Option price                    Nil cost option
Vesting date                    After the announcement of the final results for
                                2027, in early 2028, subject to achievement of
                                the performance conditions
Holding Period                  For the executive directors, any shares which
                                vest will be subject to a two year holding period
                                from the date of vesting
Performance conditions          50% ROCE, 25% TSR and 25% cumulative EPS
                                each measured over the 3 financial years ending
                                31 December 2027
Additional Information          The LTIP award is based on a percentage of the
                                Executive’s salary as approved by the
                                Remuneration Committee. In line with the
                                   standard methodology adopted each year, the
                                   number of shares under award is determined
                                   with reference to the average share price over
                                   three trading days commencing with the
                                   announcement of results.


There follow notification forms for directors/PDMRs of Mondi plc.


Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Andrew King

2 Reason for the notification
a) Position/status          Group CEO

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  45,869


d) Aggregated information

     - Aggregated volume        45,869


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Andrew King

2 Reason for the notification
a) Position/status          Group CEO

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Long Term Incentive Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  209,206


d) Aggregated information

     - Aggregated volume        209,206


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Mike Powell

2 Reason for the notification
a) Position/status          Group CFO

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  26,877


d) Aggregated information

     - Aggregated volume        26,877


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Mike Powell

2 Reason for the notification
a) Position/status          Group CFO

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Long Term Incentive Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  121,797


d) Aggregated information

     - Aggregated volume        121,797


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Marita Erler

2 Reason for the notification
a) Position/status          Chief People Officer

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s)        Price(s)   Volume(s)
                                 Grant                 Nil        7,037


d) Aggregated information
   - Aggregated volume          7,037


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Marita Erler

2 Reason for the notification
a) Position/status          Chief People Officer

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Long Term Incentive Plan

c) Price(s) and volume(s)        Transaction(s)        Price(s)   Volume(s)
                                 Grant                 Nil        24,122


d) Aggregated information
   - Aggregated volume          24,122


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Markus Gaertner

2 Reason for the notification
a) Position/status          CEO, Corrugated Packaging

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  9,256


d) Aggregated information

     - Aggregated volume        9,256


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Markus Gaertner

2 Reason for the notification
a) Position/status          CEO, Corrugated Packaging

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Long Term Incentive Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  47,609


d) Aggregated information

     - Aggregated volume        47,609


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
   Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Vivien McMenamin

2 Reason for the notification
a) Position/status          CEO, Uncoated Fine Paper & South Africa

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)         Volume(s)
                                 Grant          Nil              14,988


d) Aggregated information

     - Aggregated volume        14,988


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Vivien McMenamin

2 Reason for the notification
a) Position/status          CEO, Uncoated Fine Paper & South Africa

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Long Term Incentive Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)         Volume(s)
                                 Grant          Nil              38,959


d) Aggregated information

     - Aggregated volume        38,959


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Lars Mallasch

2 Reason for the notification
a) Position/status          Group Technical & Sustainability Director

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  7,868


d) Aggregated information

     - Aggregated volume        7,868


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Lars Mallasch

2 Reason for the notification
a) Position/status          Group Technical & Sustainability Director

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Long Term Incentive Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  21,531


d) Aggregated information

     - Aggregated volume        21,531


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Thomas Ott

2 Reason for the notification
a) Position/status          CEO, Flexible Packaging

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  15,332


d) Aggregated information

     - Aggregated volume        15,332


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market
1  Details of the person discharging managerial responsibilities (“PDMR”)
   (or their person closely associated (“PCA”)) / restricted person
a) Name                      Thomas Ott

2 Reason for the notification
a) Position/status          CEO, Flexible Packaging

b) Initial notification /       Initial notification
   Amendment

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
a) Name                      Mondi plc

b) LEI                          213800LOZA69QFDC9N34

4  Details of the transaction(s): section to be repeated for (i) each type of
   instrument; (ii) each type of transaction; (iii) each date; and (iv) each
   place where transactions have been conducted
a) Description of the        Ordinary shares of €0.22 each
   financial instrument,
   type of instrument

     Identification code        GB00BMWC6P49

b) Nature of the                Grant of shares as options under the Mondi plc
   transaction                  Long Term Incentive Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  58,681


d) Aggregated information

     - Aggregated volume        58,681


     - Price                    Nil

e) Date of transaction          2025-03-07

f)   Place of the transaction   Outside trading venue – off market