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MND/MNP - Mondi Limited / Mondi plc - Transactions in Mondi Limited ordinary

Release Date: 15/03/2011 17:00
Code(s): MND MNP
Wrap Text

MND/MNP - Mondi Limited / Mondi plc - Transactions in Mondi Limited ordinary shares of ZAR0.20 each 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 Listing 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 Listing Requirements and/or Disclosure and Transparency Rule 3.1.4R, we advise of the following: 15 March 2011 TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF ZAR0.20 EACH On 14 March 2011 a grant of conditional awards became unconditional and the following acquisitions and sales of shares took place as a result of the vesting of Mondi Limited Long Term Incentive Plan Awards: Name David Hathorn Position Director Number of shares vesting 31,770 Total value of shares vesting R1,898,273.39 Number of shares retained 19,018 Total value of shares retained R1,136,335.01 Number of shares sold 12,752 at R59.7505 per share Total value of shares sold R761,938.38 Nature of interest Direct Beneficial Name Philip Laubscher Position Company Secretary, Mondi Limited Number of shares vesting 4,774 Total value of shares vesting R285,248.89 Number of shares retained 2,857 Total value of shares retained R170,707.18 Number of shares sold 1,917 at R59.7505 per share Total value of shares sold R114,541.71 Nature of interest Direct Beneficial TRANSACTIONS IN MONDI plc ORDINARY SHARES OF Euro0.20 EACH On 14 March 2011 a grant of conditional awards became unconditional and the following acquisitions and sales of shares took place as a result of the vesting of Mondi plc Long Term Incentive Plan Awards: Name David Hathorn Position Director Number of shares vesting 80,320 Total value of shares vesting GBP444,378.43 Number of shares retained 47,322 Total value of shares retained GBP261,813.70 Number of shares sold 32,998 at GBP5.5326 per share Total value of shares sold GBP182,564.73 Nature of interest Direct Beneficial Name Andrew King Position Director Number of shares vesting 32,995 Total value of shares vesting GBP182,548.14 Number of shares retained 22,445 Total value of shares retained GBP124,179.21 Number of shares sold 10,550 at GBP5.5326 per share Total value of shares sold GBP58,368.93 Nature of interest Direct Beneficial Name Peter Oswald Position Director Number of shares vesting 62,090 Total value of shares vesting GBP343,519.13 Number of shares retained Nil Total value of shares retained Nil Number of shares sold 62,090 at GBP5.5326 per share Total value of shares sold GBP343,519.13 Nature of interest Direct Beneficial Name Carol Hunt Position Company Secretary, Mondi plc Number of shares vesting 10,153 Total value of shares vesting GBP56,172.49 Number of shares retained Nil Total value of shares retained Nil Number of shares sold 10,153 at GBP5.5326 per share Total value of shares sold GBP56,172.49 Nature of interest Direct Beneficial Name Peter Machacek Position PDMR Number of shares vesting 38,807 Total value of shares vesting GBP214,703.61 Number of shares retained 19,364 Total value of shares retained GBP107,133.27 Number of shares sold 19,443 at GBP5.5326 per share Total value of shares sold GBP107,570.34 Nature of interest Direct Beneficial Name Ron Traill Position PDMR Number of shares vesting 12,936 Total value of shares vesting GBP71,569.71 Number of shares retained 7,751 Total value of shares retained GBP42,883.18 Number of shares sold 5,185 at GBP5.5326 per share Total value of shares sold GBP28,686.53 Nature of interest Direct Beneficial All trades took place on market. Clearance was obtained prior to the above dealings in securities Sponsor: UBS South Africa (Pty) Ltd. Date: 15/03/2011 17:00:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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