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 Mondi plc
ordinary shares of €0.20 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, 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
€0.20 each
GB00B1CRLC47 |
| 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 |
1,791 |
| (2) Sale |
ZAR 308.059151 |
1,791 |
|
|
|
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
(1) 1,791
(2) 1,791
(1) Nil
(2) ZAR 308.059151 |
| e) |
Date of transaction |
2023-03-02 |
| 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, 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
€0.20 each
GB00B1CRLC47 |
| 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 |
5,335 |
| (2) Sale |
ZAR 308.059151 |
5,335 |
|
|
|
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
(1) 5,335
(2) 5,335
(1) Nil
(2) ZAR 308.059151 |
| e) |
Date of transaction |
2023-03-02 |
| 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 |
| 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
€0.20 each
GB00B1CRLC47 |
| 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 |
12,319 |
| (2) Sale |
GBP 14.168652 |
5,906 |
|
|
|
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
(1) 12,319
(2) 5,906
(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 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 |
| 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
€0.20 each
GB00B1CRLC47 |
| 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 |
77,249 |
| (2) Sale |
GBP 14.168652 |
37,069 |
|
|
|
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
(1) 77,249
(2) 37,069
(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 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 /
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
€0.20 each
GB00B1CRLC47 |
| b) |
Nature of the
transaction |
Acquisition of shares as a result of
the exercise of a 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
- Price |
5,112
Nil |
| e) |
Date of transaction |
2023-03-02 |
| 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 /
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
€0.20 each
GB00B1CRLC47 |
| 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 |
16,308 |
| (2) Sale |
GBP 14.168652 |
8,970 |
|
|
|
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
(1) 16,308
(2) 8,970
(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 responsibilities (“PDMR”) (or their person
closely associated (“PCA”)) / restricted person |
| a) |
Name |
Michael Hakes |
| 2 |
Reason for the
notification |
| a) |
Position/status |
Group HR Director |
| 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
€0.20 each
GB00B1CRLC47 |
| 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 |
2,713 |
| (2) Sale |
GBP 14.168652 |
1,493 |
|
|
|
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
(1) 2,713
(2) 1,493
(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 responsibilities (“PDMR”) (or their person
closely associated (“PCA”)) / restricted person |
| a) |
Name |
Michael Hakes |
| 2 |
Reason for the
notification |
| a) |
Position/status |
Group HR Director |
| 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
€0.20 each
GB00B1CRLC47 |
| 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 |
6,415 |
| (2) Sale |
GBP 14.168652 |
3,529 |
|
|
|
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
(1) 6,415
(2) 3,529
(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 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 /
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
€0.20 each
GB00B1CRLC47 |
| 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 |
2,459 |
| (2) Sale |
GBP 14.168652 |
2,459 |
|
|
|
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
(1) 2,459
(2) 2,459
(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 responsibilities (“PDMR”) (or their person
closely associated (“PCA”)) / restricted person |
| a) |
Name |
Gunilla Saltin |
| 2 |
Reason for the
notification |
| a) |
Position/status |
CEO, Uncoated Fine Paper |
| 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
€0.20 each
GB00B1CRLC47 |
| 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 |
13,590 |
| (2) Sale |
GBP 14.168652 |
13,590 |
|
|
|
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
(1) 13,590
(2) 13,590
(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 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 /
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
€0.20 each
GB00B1CRLC47 |
| b) |
Nature of the
transaction |
(1) Acquisition of shares as a
result of the exercise 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
- Price |
(1) 21,057
(2) 9,898
(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 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 /
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
€0.20 each
GB00B1CRLC47 |
| b) |
Nature of the
transaction |
Transfer of 11,159 Ordinary shares
to his spouse for nil cost |
| c) |
Price(s) and volume(s) |
| Price(s) |
Volume(s) |
| Nil |
11,159 |
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
11,159
Nil |
| e) |
Date of transaction |
2023-03-02 |
| 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 |
Kate Powell |
| 2 |
Reason for the
notification |
| a) |
Position/status |
Person closely associated to Mike
Powell, 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
€0.20 each
GB00B1CRLC47 |
| b) |
Nature of the
transaction |
Receipt of 11,159 Ordinary shares
from her spouse for nil cost |
| c) |
Price(s) and volume(s) |
| Price(s) |
Volume(s) |
| Nil |
11,159 |
|
| d) |
Aggregated
information
- Aggregated volume
- Price |
11,159
Nil |
| e) |
Date of transaction |
2023-03-02 |
| f) |
Place of the transaction |
Outside trading venue – off
market |