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MND/ MNP - Mondi Limited/ Mondi Plc - Transactions In Mondi
Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND & ISIN: ZAE000097051
Mondi plc
(Incorporated in England and Wales)
(Registration number: 6209386)
JSE share code: MNP & ISIN: GB00B1CRLC47
LSE share code: MNDI
As part of the dual listed company structure, Mondi Limited and Mondi plc notify
both the JSE Limited and the London Stock Exchange of those interests (and
changes to those interests) of directors of both entities and the respective
company secretaries, persons discharging managerial responsibilities across the
group and, in certain instances, the directors of major subsidiaries of Mondi
Limited in the securities of Mondi Limited and Mondi plc which are required to
be disclosed under the JSE Listings Requirements and/or the Disclosure and
Transparency Rules of the United Kingdom Listing Authority.
In accordance with Rules 3.63-3.74 of the JSE Listings Requirements and/or
Disclosure and Transparency Rules 3.1.4R(1)(a), we advise of the following:
30 March 2010
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF Euro0.20 EACH
1. Conditional awards of shares under the Mondi Long Term Incentive Plan granted
to directors of Mondi Limited and Mondi plc, the Company Secretary of Mondi plc
and Persons Discharging Managerial Responsibility
Name Position Number of Shares
David Hathorn Director 253,844
Carol Hunt Company Secretary 37,434
Andrew King Director 96,578
Peter Machacek PDMR 141,284
Peter Oswald Director 226,055
Ron Traill PDMR 104,551
Date and place of 29 March 2010, London
transaction
Date of notification to 29 March 2010
issuer
Type of option Long Term Incentive Plan
Class of share Ordinary
Option price Nil cost award
Vesting date After the announcement of the final
results for 2012 in early 2013
Performance conditions One half TSR and one half ROCE each
measured over the 3 financial years
ending 31 December 2012
Additional Information The LTIP award is based on a
percentage of the Executive`s
salary as approved by the Mondi DLC
Remuneration Committee. In line
with the standard methodology
adopted each year, the number of
shares under award is determined
with reference to the average share
price over three days commencing
with the announcement of results.
2. Conditional awards of shares under the Mondi Bonus Share Plan granted to
directors of Mondi Limited and Mondi plc, the Company Secretary of Mondi plc and
Persons Discharging Managerial Responsibility
Name Position Number of Shares
David Hathorn Director 89,752
Carol Hunt Company Secretary 14,728
Andrew King Director 36,835
Peter Machacek PDMR 56,514
Peter Oswald Director 92,683
Ron Traill PDMR 41,298
Date and place of 29 March 2010, London
transaction
Date of notification to 29 March 2010
issuer
Type of option Bonus Share Plan
Class of share Ordinary
Option price Nil cost award
Vesting date After the announcement of the final
results for 2012 in early 2013
Additional Information The share award under the BSP
represents half of the Executive`s
total bonus as approved by the
Mondi DLC Remuneration Committee.
In line with the standard
methodology adopted each year, the
number of shares under award is
determined with reference to the
average share price over three days
commencing with the announcement of
results.
3. Acquisition of shares by a Person Discharging Managerial Responsibility as
the result of a share award
Name Ladimir Pellizzaro
Date and place of 29 March 2010, London
transaction
Date of notification to 29 March 2010
issuer
Class of share Ordinary
Number of shares 20,445
Option price Nil cost award
Additional Information In accordance with Mr
Pellizzaro`s employment
agreement, 40% of the after-tax
value of any annual bonus is paid
to him in Mondi plc shares which
he is required to retain for the
duration of his employment with
Mondi. In line with the standard
methodology adopted each year,
the number of shares under award
is determined with reference to
the average share price over
three days commencing with the
announcement of results.
TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF ZAR0.20 EACH
1. Conditional awards of shares under the Mondi Long Term Incentive Plan granted
to directors of Mondi Limited and Mondi plc and the Company Secretary of Mondi
Limited
Name Position Number of Shares
David Hathorn Director 105,628
Andrew King Director 40,188
Philip Laubscher Company Secretary 26,851
Date and place of 29 March 2010, South Africa
transaction
Date of notification to 29 March 2010
issuer
Type of option Long Term Incentive Plan
Option price Nil cost award
Class of share Ordinary
Vesting date After the announcement of the final
results for 2012 in early 2013
Performance conditions One half TSR and one half ROCE each
measured over the 3 financial years
ending 31 December 2012
Additional Information The LTIP award is based on a
percentage of the Executive`s
salary as approved by the Mondi DLC
Remuneration Committee. In line
with the standard methodology
adopted each year, the number of
shares under award is determined
with reference to the average share
price over three days commencing
with the announcement of results.
2. Conditional awards of shares under the Mondi Bonus Share Plan granted to
directors of Mondi Limited and Mondi plc and the Company Secretary of Mondi
Limited
Name Position Number of Shares
David Hathorn Director 37,347
Andrew King Director 15,328
Philip Laubscher Company Secretary 10,011
Date and place of 29 March 2010, South Africa
transaction
Date of notification to 29 March 2010
issuer
Type of option Bonus Share Plan
Class of share Ordinary
Option price Nil cost award
Vesting date After the announcement of the final
results for 2012 in early 2013
Additional Information The share award under the BSP
represents half of the Executive`s
total bonus as approved by the
Mondi DLC Remuneration Committee.
In line with the standard
methodology adopted each year, the
number of shares under award is
determined with reference to the
average share price over three days
commencing with the announcement of
results.
The requisite approval for the granting of the awards has been obtained.
Sponsor: UBS South Africa (Pty) Ltd
Date: 30/03/2010 12:00:05 Supplied by www.sharenet.co.za
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