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Notification of Transactions of Directors and Persons Discharging Managerial Responsbilities (PDMRs)

Published: 2023-03-03 18:00:32 ET
<<<  go to JSE:MNP company page
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI      ISIN: GB00B1CRLC47
JSE share code: MNP

3 March 2023


NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS
DISCHARGING MANAGERIAL RESPONSBILITIES (PDMRs)

On 2 March 2023, in line with the normal timetable, directors/PDMRs of Mondi plc
acquired                                                                       -cost
options under the Mondi plc Bonus Share Plan (BSP) and Mondi plc Long Term
Incentive Plan (LTIP). Following exercise, some of the shares were sold to cover tax
liabilities.

The exercise of the BSP and LTIP nil-cost options for directors includes additional
shares received in lieu of dividends, which are subject to tax. The retained shares for
one director

Details of the vesting, exercise, sale and transfer of the shares are set out in the below
notification forms.

This announcement is made in accordance with the requirements of Article 19(3) of
the UK Market Abuse Regulation.

Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities
1   Details of the person

a) Name                       Vivien McMenamin

2 Reason for the notification
a) Position/status          CEO, 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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share Plan nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)             Volume(s)
                               (1) Acquisition Nil                 1,791
                               (2) Sale          ZAR               1,791
                                                 308.059151

d) Aggregated information

    - Aggregated volume       (1) 1,791
                              (2) 1,791

    - Price                   (1) Nil
                              (2) ZAR 308.059151
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1

a) Name                       Vivien McMenamin

2 Reason for the notification
a) Position/status          CEO, 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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)             Volume(s)
                               (1) Acquisition Nil                 5,335
                               (2) Sale          ZAR               5,335
                                                 308.059151

d) Aggregated information

    - Aggregated volume       (1) 5,335
                              (2) 5,335

    - Price                   (1) Nil
                              (2) ZAR 308.059151
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1

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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share Plan nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  12,319
                               (2) Sale          GBP 14.168652 5,906

d) Aggregated information

    - Aggregated volume       (1) 12,319
                              (2) 5,906

    - Price
                              (1) Nil
                              (2) GBP 14.168652
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1   Details of the person discharging managerial

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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  77,249
                               (2) Sale          GBP 14.168652 37,069

d) Aggregated information

    - Aggregated volume       (1) 77,249
                              (2) 37,069

    - Price                   (1) Nil
                              (2) GBP 14.168652
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1

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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              Acquisition of shares as a result of the exercise of a
   transaction                Mondi plc Bonus Share Plan nil-cost option

c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               Acquisition    Nil                   5,112

d) Aggregated information

    - Aggregated volume       5,112


    - Price                   Nil

e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1

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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  16,308
                               (2) Sale          GBP 14.168652 8,970

d) Aggregated information

    - Aggregated volume       (1) 16,308
                              (2) 8,970

    - Price                   (1) Nil
                              (2) GBP 14.168652
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1

a) Name                       Michael Hakes

2 Reason for the notification
a) Position/status          Group HR 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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share Plan nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  2,713
                               (2) Sale          GBP 14.168652 1,493

d) Aggregated information

    - Aggregated volume       (1) 2,713
                              (2) 1,493

    - Price                   (1) Nil
                              (2) GBP 14.168652
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1   Details of the person discharging managerial

a) Name                       Michael Hakes

2 Reason for the notification
a) Position/status          Group HR 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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  6,415
                               (2) Sale          GBP 14.168652 3,529

d) Aggregated information

    - Aggregated volume       (1) 6,415
                              (2) 3,529

    - Price                   (1) Nil
                              (2) GBP 14.168652
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1   Details of

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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share Plan nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  2,459
                               (2) Sale          GBP 14.168652 2,459

d) Aggregated information

    - Aggregated volume       (1) 2,459
                              (2) 2,459

    - Price                   (1) Nil
                              (2) GBP 14.168652
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1   Details of the person discharging managerial

a) Name                       Gunilla Saltin

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

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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  13,590
                               (2) Sale          GBP 14.168652 13,590

d) Aggregated information

    - Aggregated volume       (1) 13,590
                              (2) 13,590

    - Price                   (1) Nil
                              (2) GBP 14.168652
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1

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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive Plan nil-cost
                              option, and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  21,057
                               (2) Sale          GBP 14.168652 9,898

d) Aggregated information

    - Aggregated volume       (1) 21,057
                              (2) 9,898

    - Price                   (1) Nil
                              (2) GBP 14.168652
e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue    off market
1

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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              Transfer of 11,159 Ordinary shares to his spouse
   transaction                for nil cost

c) Price(s) and volume(s)      Price(s)                  Volume(s)
                               Nil                       11,159
d) Aggregated information

    - Aggregated volume       11,159


    - Price                   Nil

e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue   off market
1
   (or
a) Name                       Kate Powell

2 Reason for the notification
a) Position/status          Person closely associated to Mike Powell, 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
   financial instrument,
   type of instrument

    Identification code       GB00B1CRLC47

b) Nature of the              Receipt of 11,159 Ordinary shares from her spouse
   transaction                for nil cost

c) Price(s) and volume(s)      Price(s)                  Volume(s)
                               Nil                       11,159
d) Aggregated information

    - Aggregated volume       11,159


    - Price                   Nil

e) Date of transaction        2023-03-02
f) Place of the transaction   Outside trading venue   off market