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

Release Date: 13/03/2012 15:45
Code(s): MND MNP
Wrap Text

MND/MNP - Mondi Limited/ Mondi plc - Transactions in Mondi Limited ordinary shares of no par value Mondi Limited (Incorporated in the Republic of South Africa) (Registration number: 1967/013038/06) JSE share code: MND ISIN: ZAE000156550 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 Listings Requirements of the JSE and/or the Disclosure and Transparency Rules of the United Kingdom Listing Authority. In accordance with Rules 3.63-3.74 of the Listings Requirements of the JSE and/or Disclosure and Transparency Rule 3.1.4R, we advise of the following: TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE On 12 March 2012 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 235,661 Total value of shares vesting R16,777,279.01 Number of shares retained 50,000 Total value of shares retained R3,559,621.45 Number of shares sold 185,661 at R71.192429 per share Total value of shares sold R13,217,657.56 Nature of interest Direct Beneficial Name Andrew King Position Director Number of shares vesting 83,405 Total value of shares vesting R5,937,804.54 Number of shares retained Nil Total value of shares retained Nil Number of shares sold 83,405 at R71.192429 per share Total value of shares sold R5,937,804.54 Nature of interest Direct Beneficial Name Philip Laubscher Position Company Secretary, Mondi Limited Number of shares vesting 46,583 Total value of shares vesting R3,316,356.92 Number of shares retained Nil Total value of shares retained Nil Number of shares sold 46,583 at R71.192429 per share Total value of shares sold R3,316,356.92 Nature of interest Direct Beneficial TRANSACTIONS IN MONDI plc ORDINARY SHARES OF Euro0.20 EACH On 12 March 2012 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 677,295 Total value of shares vesting GBP4,092,888.27 Number of shares retained 40,000 Total value of shares retained GBP241,719.68 Number of shares sold 637,295 at GBP6.042992 per share Total value of shares sold GBP3,851,168.59 Nature of interest Direct Beneficial Name Andrew King Position Director Number of shares vesting 239,706 Total value of shares vesting GBP1,448,541.44 Number of shares retained 70,000 Total value of shares retained GBP423,009.44 Number of shares sold 169,706 at GBP6.042992 per share Total value of shares sold GBP1,025,532.00 Nature of interest Direct Beneficial Name Peter Oswald Position Director Number of shares vesting 609,622 Total value of shares vesting GBP3,683,940.87 Number of shares retained 60,962 Total value of shares retained GBP368,392.88 Number of shares sold 548,660 at GBP6.042992 per share Total value of shares sold GBP3,315,547.99 Nature of interest Direct Beneficial Name Carol Hunt Position Company Secretary, Mondi plc Number of shares vesting 97,024 Total value of shares vesting GBP586,315.26 Number of shares retained Nil Total value of shares retained Nil Number of shares sold 97,024 at GBP6.042992 per share Total value of shares sold GBP586,315.26 Nature of interest Direct Beneficial Name Ron Traill Position PDMR Number of shares vesting 266,709 Total value of shares vesting GBP1,611,720.35 Number of shares retained 120,000 Total value of shares retained GBP725,159.04 Number of shares sold 146,709 at GBP6.042992 per share Total value of shares sold GBP886,561.31 Nature of interest Direct Beneficial All trades took place off market. Clearance was obtained prior to the above dealings in securities 13 March 2012 Sponsor: UBS South Africa (Pty) Ltd. Date: 13/03/2012 15:45:01 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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