Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00BMWC6P49

JSE share code: MNP

 

7 March 2024

 

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

 

We advise that directors/PDMRs of Mondi plc have acquired Mondi plc ordinary shares of €0.22 each following the exercise of nil-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 were subsequently transferred to the director's spouse for nil cost.

 

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 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 / Amendment

 

Initial notification

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

 

Ordinary shares of €0.22 each

 

 

 

GB00BMWC6P49

b)

Nature of the transaction

 

(1) Acquisition of shares as a result of the exercise 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

1,647

(2) Sale

ZAR 366.457986

1,647

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

(1) 1,647

(2) 1,647

 

(1) Nil

(2) ZAR 366.457986

e)

Date of transaction

2024-05-06

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 / Amendment

 

Initial notification

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

 

Ordinary shares of €0.22 each

 

 

 

GB00BMWC6P49

b)

Nature of the transaction

 

(1) Acquisition of shares as a result of the exercise 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

5,500

(2) Sale

ZAR 366.457986

5,500

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

(1) 5,500

(2) 5,500

 

(1) Nil

(2) ZAR 366.457986

e)

Date of transaction

2024-05-06

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 / Amendment

 

Initial notification