MONDI PLC
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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
12 November 2024
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH
There follows a notification form for a director 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 / person closely associated
a)
Name
Philip Yea
2
Reason for the notification
a)
Position/status
Chair
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
Acquisition of shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£11.764925
10,000
d)
Aggregated information
- Aggregated volume
- Price
10,000
£11.764925
e)
Date of transaction
2024-11-12
f)
Place of the transaction
London Stock Exchange XLON
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
8 November 2024
EMPLOYEE SHARE PLANS
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH
We advise that on 7 November 2024, transactions took place in relation to the Mondi Share Incentive Plan ("SIP") on behalf of directors of Mondi plc.
The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs under which UK employees are able to buy Ordinary shares in Mondi plc ("Mondi Shares") using monthly deductions from salary and to receive allocations of free matching Mondi Shares ("Matching Shares").
There follows notification forms for two directors of Mondi plc. The price given for the nil consideration Matching Shares reflects the market value on the day of purchase.
Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew King
2
Reason for the notification
a)
Position/status
Group CEO
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
Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£12.43069
24
d)
Aggregated information
- Aggregated volume
- Price
24
£12.43069
e)
Date of transaction
2024-11-07
f)
Place of the transaction
London Stock Exchange XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mike Powell
2
Reason for the notification
a)
Position/status
Group CFO
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
Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£12.43069
24
d)
Aggregated information
- Aggregated volume
- Price
24
£12.43069
e)
Date of transaction
2024-11-07
f)
Place of the transaction
London Stock Exchange XLON
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
24 October 2024
Notification of Major Interests in Shares
Issuer Details:
ISIN: GB00BMWC6P49
Issuer Name: MONDI plc
UK or Non-UK Issuer: UK
2. Reason for notification:
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation:
Name: Coronation Fund Managers
City of registered office: Cape Town
Country of registered office: South Africa
4. Details of the shareholder:
Full name of shareholder(s) if different from the persons(s) subject to the notification obligation, above: N/A
City of registered office: N/A
Country of registered office: N/A
5. Date on which the threshold was crossed or reached:
22 October 2024
6. Date on which Issuer notified:
24 October 2024
7. Total positions of person(s) subject to the notification obligation:
% of voting rights attached to shares (total of 8. A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
6.012900
0.000000
6.012900
26,541,696
Position of previous notification (if applicable)
5.012729
0.000000
5.012729
8. Notified details of the resulting situation on the date which the threshold was crossed or reached:
A: Voting rights attached to shares
Class/type of shares
ISIN code (if possible)
No. of voting rights
% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BMWC6P49
26,541,696
0
6.012900
0.000000
Subtotal 8.A
26,541,696
6.012900%
B1: Financial Instruments according to (DTR5.3.1.1 (a))
Type of financial instrument
Expiration date
Exercise/ Conversion Period
Number of voting rights that may be acquired if the instrument is exercised/ converted.
% of voting rights
Subtotal 8.B 1
B2: Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument
Expiration date
Exercise/ Conversion Period
Physical or cash settlement
Number of voting rights
% of voting rights
Subtotal 8.B 2
9. Information in relation to the person subject to the notification obligation:
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
Coronation Fund Managers
Coronation Asset Management (Pty) Ltd
6.012900
0.000000
6.012900%
10. In case of proxy voting:
Name of the proxy holder: N/A
The number and % of voting rights held: N/A
The date until which the voting rights will be held: N/A
11. Additional information: N/A
12. Date of completion:
24 October 2024
13. Place of completion:
Cape Town, South Africa.
Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities
Mondi plc
Incorporated in England and Wales
Registered number: 6209386
Tax registration number: 454 12394 14454
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
11 October 2024
Mondi Group - Results of the Dividend Reinvestment Plan - 2024 Interim Dividend
On 1 August 2024, Mondi plc ("Mondi") announced that it would pay an interim dividend for the year ending 31 December 2024 of 23.33 euro cents per ordinary share (the "Dividend") to all Mondi plc ordinary shareholders on either the UK main register or the South African branch register on 23 August 2024 (the "Record Date"). The Dividend was paid on 27 September 2024.
Eligible shareholders ("Shareholders") were able to participate in Dividend Reinvestment Plans ("DRIPs"). In accordance with the JSE Listings Requirements, Mondi confirms the results of the DRIPs as follows:
- Shareholders on the UK main register holding 4,632,553 shares or 1.05% of Mondi's issued share capital as at the Record Date elected to participate in the UK Dividend Reinvestment Plan, resulting in the purchase of 62,980 shares in the market at an average price of £14.266880 per share.
- Shareholders on the South African branch register holding 14,859,342 shares or 3.37% of Mondi's issued share capital as at the Record Date elected to participate in the South African Dividend Reinvestment Plan, resulting in the purchase of 198,876 shares in the market at an average price of R328.0221 per share.
About Mondi
Mondi is a global leader in packaging and paper, contributing to a better world by producing products that are sustainable by design. We employ 22,000 people in more than 30 countries and operate an integrated business with expertise spanning the entire value chain, enabling us to offer our customers a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.
In 2023, Mondi had revenues of €7.3 billion and underlying EBITDA of €1.2 billion. Mondi is listed on the London Stock Exchange in the ESCC category (MNDI), where the Group is a FTSE100 constituent. It also has a secondary listing on the JSE Limited (MNP).
Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities.
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI
JSE share code: MNP ISIN: GB00BMWC6P49
Mondi to acquire Western Europe Packaging Assets of
Schumacher Packaging
Strengthens Mondi's corrugated converting footprint in Europe with highly complementary assets, increasing capacity by over 1 billion square meters Provides integration benefits with the Group's leading containerboard operations in Europe Includes two state-of-the-art mega-box plants in Germany, located at Ebersdorf and Greven, securing significant capacity to meet the growing demand for sustainable packaging Enterprise value of €634 million, to be financed from existing facilities. Earnings per share accretive in the first full financial year following completionMondi plc ("Mondi" or the "Group"), a global leader in the production of sustainable packaging and paper, today announces that it has entered into an agreement to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging1("the Acquisition"). This Acquisition will expand Mondi's corrugated footprint in Western Europe and add complementary fibre-based products, focused on eCommerce and FMCG, to enhance its existing customer offering.
Today's announcement is in line with Mondi's strategy to expand its Corrugated Packaging business in Europe and adjacent markets; to invest in cost advantaged assets; to further integrate upstream and downstream operations to ensure security of supply for customers and optimised operations, and to continue to partner with customers to deliver innovative solutions.
The Acquisition comprises seven corrugated converting plants, two solid board mills and four solid board converting plants. These operations complement Mondi's existing network of corrugated plants across Central and Eastern Europe, adding over 1 billion square meters of capacity when fully operational. Among the acquired sites are two state-of-the-art mega-box plants in Germany, located at Ebersdorf and Greven, which have best-in-class production speed and operational efficiency as well as a highly skilled workforce with a culture aligned with Mondi's.
Expanding Mondi's eCommerce offering-particularly in Germany, the largest packaging market in Europe-presents significant opportunities to introduce the Group's unique range of products to a wider array of customers as they increasingly transition towards more sustainable packaging solutions.
In 2023, Schumacher Packaging's Western European Packaging Assets delivered an adjusted EBITDA of €66 million. The EBITDA contribution is expected to increase as the recently added capacity at Greven, following a significant investment programme, ramps up, and the identified €22 million of cost synergies are realised over the three years following completion. This excludes expected one-off cash costs to achieve of approximately €18 million.
Commenting on the Acquisition, Andrew King, Mondi Group CEO, said:
"Our focus is on investing to meet the growing market demand for sustainable packaging while driving value for our stakeholders. This acquisition significantly increases our corrugated converting capacity, extends our reach across Western Europe, and offers strong downstream integration opportunities, while broadening our customer offering with a complementary fibre-based product range.
"We are delighted to be acquiring these assets and look forward to welcoming our new Schumacher Packaging colleagues and customers to Mondi. On completion, Mondi will have an enhanced customer proposition and a strong platform for further growth."
The transaction, which is subject to certain customary regulatory approvals, is expected to close in the first half of 2025.
Mr Bjoern Schumacher and Mr Hendrik Schumacher, co-CEOs of Schumacher Packaging who have been instrumental in the development of the business over many years, will be retained, respectively, as a strategic adviser and as Chief Operating Officer Solid Board. We welcome their continued involvement to ensure a smooth transition and support the ongoing development of the combined business.
Mondi will publish its third quarter trading update as planned, on Thursday 17 October 2024 at 0700 hours London (0800 hours Johannesburg).
- END -
-------------------------------------------------------------------------------------
Corrugated converting sites include Bielefeld, Ebersdorf, Greven, Lehrte, Sonneberg, in Germany, Breda in the Netherlands and Birmingham in the UKSolid Board mills at Kaierde and Schwarzenberg with conversion sites at Hauenstein, Forchheim, Schwarzenberg and Leipzig-Land (all Germany)
Conference call for analysts and investors to discuss the Acquisition
A webinar will be held today at 08:30 (BST), 09:30 (CET/SAST).
Event registration link: https://storm-virtual-uk.zoom.us/webinar/register/WN_Pr1NzHyAT0G7Z5VK3Q3fEw
Once registered, you will receive a confirmation email from `MONDI GROUP Events' with the webinar link and ID.
A replay will be available on Mondi's website within a couple hours after the end of the live results presentation at: https://www.mondigroup.com/investors/results-reports-and-presentations/
For any queries, please e-mail ir@mondigroup.com.
Enquiries
Investors/analysts:
Fiona Lawrence +44 742 587 8683
Mondi Group: Head of Investor Relations
Media:
Chris Gurney +44 799 004 3764
Mondi Group: Head of Corporate Communication
Richard Mountain +44 790 968 4466
FTI Consulting
Editors' notes
Mondi is a global leader in packaging and paper, contributing to a better world by producing products that are sustainable by design. We employ 22,000 people in more than 30 countries and operate an integrated business with expertise spanning the entire value chain, enabling us to offer our customers a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.
In 2023, Mondi had revenues of €7.3 billion and underlying EBITDA of €1.2 billion. Mondi is listed on the London Stock Exchange in the ESCC category (MNDI), where the Group is a FTSE100 constituent. It also has a secondary listing on the JSE Limited (MNP).
mondigroup.com
Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities.
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
8 October 2024
EMPLOYEE SHARE PLANS
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH
We advise that on 7 October 2024, transactions took place in relation to the Mondi Share Incentive Plan ("SIP") on behalf of directors of Mondi plc.
The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs under which UK employees are able to buy Ordinary shares in Mondi plc ("Mondi Shares") using monthly deductions from salary and to receive allocations of free matching Mondi Shares ("Matching Shares").
There follows notification forms for two directors of Mondi plc. The price given for the nil consideration Matching Shares reflects the market value on the day of purchase.
Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew King
2
Reason for the notification
a)
Position/status
Group CEO
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
Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£14.2528
22
d)
Aggregated information
- Aggregated volume
- Price
22
£14.2528
e)
Date of transaction
2024-10-07
f)
Place of the transaction
London Stock Exchange XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mike Powell
2
Reason for the notification
a)
Position/status
Group CFO
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
Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£14.2528
22
d)
Aggregated information
- Aggregated volume
- Price
22
£14.2528
e)
Date of transaction
2024-10-07
f)
Place of the transaction
London Stock Exchange XLON
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
19 September 2024
Notification of Major Interests in Shares
Issuer Details:
ISIN: GB00BMWC6P49
Issuer Name: Mondi plc
UK or Non-UK Issuer: UK
2. Reason for notification:
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation:
Name: Allan Gray Proprietary Limited
City of registered office: Cape Town
Country of registered office: South Africa
4. Details of the shareholder:
Full name of shareholder(s) if different from the persons(s) subject to the notification obligation, above: N/A
City of registered office: N/A
Country of registered office: N/A
5. Date on which the threshold was crossed or reached:
18-Sep-2024
6. Date on which Issuer notified:
19-Sep-2024
7. Total positions of person(s) subject to the notification obligation:
% of voting rights attached to shares (total of 8. A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
6.006200
0.000000
6.006200
26,512,115
Position of previous notification (if applicable)
5.998100
0.000000
5.998100
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Voting rights attached to shares
Class/type of shares
ISIN code (if possible)
No. of voting rights
% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BMWC6P49
26,512,115
0
6.006200
0.000000
Subtotal 8.A
26,512,115
6.006200%
B1: Financial Instruments according to (DTR5.3.1.1 (a))
Type of financial instrument
Expiration date
Exercise/ Conversion Period
Number of voting rights that may be acquired if the instrument is exercised/ converted.
% of voting rights
Subtotal 8.B 1
B2: Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument
Expiration date
Exercise/ Conversion Period
Physical or cash settlement
Number of voting rights
% of voting rights
Subtotal 8.B 2
9. Information in relation to the person subject to the notification obligation:
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting:
Name of the proxy holder: N/A
The number and % of voting rights held: N/A
The date until which the voting rights will be held: N/A
11. Additional information:
The ordinary shares acquired are held by Allan Gray's clients, as opposed to by Allan Gray itself.
12. Date of completion:
19-Sep-2024
13. Place of completion:
Cape Town, South Africa
Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities
Mondi plc
Incorporated in England and Wales
Registered number: 6209386
Tax registration number: 454 12394 14454
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
13 September 2024
Mondi Group - 2024 Interim Dividend euro/sterling Exchange Rate
On 1 August 2024 Mondi plc announced that it will pay an interim dividend for the year ending 31 December 2024 of 23.33 euro cents per ordinary share on Friday 27 September 2024. The dividend will be paid in euro.
However, ordinary shareholders resident in the United Kingdom will receive the interim dividend in sterling (unless shareholders have elected to receive their dividends in euro). The last date for euro currency elections was 9 September 2024. It was stated in the announcement on 1 August that the exchange rate for the interim dividend payment would be set today. Accordingly, it is confirmed that sterling dividend payments will be converted at a rate of EUR 1 to GBP 0.84398. Therefore, the equivalent interim dividend in pence per ordinary share will be 19.69005.
Mondi plc South African branch register shareholders will receive the interim dividend in South African rand cents, converted at a rate of EUR 1 to ZAR 19.69500. Therefore, the equivalent gross interim dividend in rand cents per ordinary share will be 459.48435.
Information relating to the dividend tax applicable to Mondi plc South African branch register shareholders can be found in the ZAR/euro exchange rate announcement released by Mondi on 1 August 2024.
About Mondi
Mondi is a global leader in packaging and paper, contributing to a better world by producing products that are sustainable by design. We employ 22,000 people in more than 30 countries and operate an integrated business with expertise spanning the entire value chain, enabling us to offer our customers a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.
In 2023, Mondi had revenues of €7.3 billion and underlying EBITDA of €1.2 billion. Mondi is listed on the London Stock Exchange in the ESCC category (MNDI), where the Group is a FTSE100 constituent. It also has a secondary listing on the JSE Limited (MNP).
Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities.
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
10 September 2024
Notification of Major Interests in Shares
Issuer Details:
ISIN: GB00BMWC6P49
Issuer Name: Mondi plc
UK or Non-UK Issuer: UK
2. Reason for notification:
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation:
Name: Allan Gray Proprietary Limited
City of registered office: Cape Town
Country of registered office: South Africa
4. Details of the shareholder:
Full name of shareholder(s) if different from the persons(s) subject to the notification obligation, above: N/A
City of registered office: N/A
Country of registered office: N/A
5. Date on which the threshold was crossed or reached:
05-Sep-2024
6. Date on which Issuer notified:
10-Sep-2024
7. Total positions of person(s) subject to the notification obligation:
% of voting rights attached to shares (total of 8. A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
5.998100
0.000000
5.998100
26,476,298
Position of previous notification (if applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Voting rights attached to shares
Class/type of shares
ISIN code (if possible)
No. of voting rights
% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BMWC6P49
26,476,298
5.998100
Subtotal 8.A
26,476,298
5.998100%
B1: Financial Instruments according to (DTR5.3.1.1 (a))
Type of financial instrument
Expiration date
Exercise/ Conversion Period
Number of voting rights that may be acquired if the instrument is exercised/ converted.
% of voting rights
Subtotal 8.B 1
B2: Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument
Expiration date
Exercise/ Conversion Period
Physical or cash settlement
Number of voting rights
% of voting rights
Subtotal 8.B 2
9. Information in relation to the person subject to the notification obligation:
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting:
Name of the proxy holder: N/A
The number and % of voting rights held: N/A
The date until which the voting rights will be held: N/A
11. Additional information:
The ordinary shares acquired are held by Allan Gray's clients, as opposed to by Allan Gray itself.
12. Date of completion:
10-Sep-2024
13. Place of completion:
Cape Town, South Africa
Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00BMWC6P49
JSE share code: MNP
10 September 2024
EMPLOYEE SHARE PLANS
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH
We advise that on 6 September 2024, transactions took place in relation to the Mondi Share Incentive Plan ("SIP") on behalf of directors of Mondi plc.
The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs under which UK employees are able to buy Ordinary shares in Mondi plc ("Mondi Shares") using monthly deductions from salary and to receive allocations of free matching Mondi Shares ("Matching Shares").
There follows notification forms for two directors of Mondi plc. The price given for the nil consideration Matching Shares reflects the market value on the day of purchase.
Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew King
2
Reason for the notification
a)
Position/status
Group CEO
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
Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£14.2578
20
d)
Aggregated information
- Aggregated volume
- Price
20
£14.2578
e)
Date of transaction
2024-09-06
f)
Place of the transaction
London Stock Exchange XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mike Powell
2
Reason for the notification
a)
Position/status
Group CFO
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
Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£14.2578
20
d)
Aggregated information
- Aggregated volume
- Price
20
£14.2578
e)
Date of transaction
2024-09-06
f)
Place of the transaction
London Stock Exchange XLON
