Transactions in Mondi plc ordinary shares of €0.20 each
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00B1CRLC47
JSE share code: MNP
2 December 2020
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH
On 2 December 2020, an award of shares took place under the Mondi plc Long
Term Incentive Plan (LTIP).
Mondi plc Long Term Incentive Plan
Date of transaction 2 December 2020
Class of share Ordinary
Option price Nil cost option
Vesting date 69,211 shares will vest in March 2022 and
39,427 shares will vest in March 2023, subject to
achievement of the performance conditions.
Holding Period Any shares which vest will be subject to a two
year holding period from the date of vesting.
Performance conditions The vesting of these awards is subject to
performance against a combination of total
shareholder return (TSR) and return on capital
employed (ROCE) performance targets. The
grant of 69,211 shares will be assessed based
on performance over the three financial years to
2021, and the grant of 39,427 shares based on
three financial years to 2022. The performance
targets are as disclosed for these performance
periods in the Company’s previous Directors’
Remuneration Reports.
Additional Information These awards were approved by the
Remuneration Committee, in accordance with
the Company’s Remuneration Policy, to replace
variable remuneration at Mike’s previous
employer which was forfeited in order to join the
Group. Further details will be disclosed in the
Director’s Remuneration Report for the current
financial year.
There follows a notification form for a director of Mondi plc.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
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 €0.20 each
financial instrument,
type of instrument
Identification code GB00B1CRLC47
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)
(1) Grant Nil 69,211
(2) Grant Nil 39,427
d) Aggregated information
- Aggregated volume (1) 69,211
(2) 39,427
- Price
(1) Nil
(2) Nil
e) Date of transaction 2020-12-02
f) Place of the transaction Outside trading venue – off market
Date: 02-12-2020 05:50:00
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