Wrap Text
Notification of transactions of directors and persons discharging managerial responsibilities (PDMRS)
Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00B1CRLC47
JSE share code: MNP
14 March 2022
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)
On 10 March 2022, in line with normal timetable, directors/PDMRs of Mondi plc
received Mondi plc ordinary shares of €0.20 each following the vesting of conditional
awards under the Mondi plc Bonus Share Plan (BSP) and the Mondi plc Long Term
Incentive Plan (LTIP). Following vesting some of the shares were sold to cover tax
liabilities.
In addition, on 10 March 2022, a director of Mondi plc received Mondi plc ordinary
shares of €0.20 each following the vesting and exercise of a nil-cost option under the
Mondi plc LTIP. The vesting and exercise of the LTIP nil-cost option includes additional
shares received in lieu of dividends, which are subject to tax. Following vesting and
exercise, some of the shares were sold to cover tax liabilities. The retained shares
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 / 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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Bonus Share Plan award; and (2)
subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 4,849
(2) Sale ZAR 2,196
280.326156
d) Aggregated information
- Aggregated volume (1) 4,849
(2) 2,196
- Price (1) Nil
(2) ZAR 280.326156
e) Date of transaction 2022-03-10
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 / 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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Long Term Incentive Plan award; and
(2) subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 4,348
(2) Sale ZAR 1,968
280.326156
d) Aggregated information
- Aggregated volume (1) 4,348
(2) 1,968
- Price (1) Nil
(2) ZAR 280.326156
e) Date of transaction 2022-03-10
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 / 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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Bonus Share Plan award; and (2)
subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 19,619
(2) Sale GBP 14.074411 9,373
d) Aggregated information
- Aggregated volume (1) 19,619
(2) 9,373
- Price
(1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 / 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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Long Term Incentive Plan award; and
(2) subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 26,758
(2) Sale GBP 14.074411 12,785
d) Aggregated information
- Aggregated volume (1) 26,758
(2) 12,785
- Price (1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 / 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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Bonus Share Plan award; and (2)
subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 2,642
(2) Sale GBP 14.074411 1,454
d) Aggregated information
- Aggregated volume (1) 2,642
(2) 1,454
- Price (1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 / 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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Long Term Incentive Plan award; and
(2) subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 6,721
(2) Sale GBP 14.074411 3,697
d) Aggregated information
- Aggregated volume (1) 6,721
(2) 3,697
- Price (1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 / 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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Bonus Share Plan award; and (2)
subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 3,586
(2) Sale GBP 14.074411 1,973
d) Aggregated information
- Aggregated volume (1) 3,586
(2) 1,973
- Price (1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 / 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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Long Term Incentive Plan award; and
(2) subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 5,094
(2) Sale GBP 14.074411 2,802
d) Aggregated information
- Aggregated volume (1) 5,094
(2) 2,802
- Price (1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 / 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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Bonus Share Plan award; and (2)
subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 4,011
(2) Sale GBP 14.074411 2,207
d) Aggregated information
- Aggregated volume (1) 4,011
(2) 2,207
- Price (1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 Sara Sizer
2 Reason for the notification
a) Position/status Group Communication & Marketing Director
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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Bonus Share Plan award; and (2)
subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 5,119
(2) Sale GBP 14.074411 2,503
d) Aggregated information
- Aggregated volume (1) 5,119
(2) 2,503
- Price (1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 Sara Sizer
2 Reason for the notification
a) Position/status Group Communication & Marketing Director
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 (1) Acquisition of shares as a result of the vesting of
transaction a Mondi plc Long Term Incentive Plan award; and
(2) subsequent sale of shares
c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s)
(1) Acquisition Nil 5,447
(2) Sale GBP 14.074411 2,663
d) Aggregated information
- Aggregated volume (1) 5,447
(2) 2,663
- Price (1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 / 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 (1) Acquisition of shares as a result of the vesting
transaction and 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 32,454
(2) Sale GBP 14.074411 15,275
d) Aggregated information
- Aggregated volume (1) 32,454
(2) 15,275
- Price (1) Nil
(2) GBP 14.074411
e) Date of transaction 2022-03-10
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 / 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 Transfer of 17,179 Ordinary shares to his spouse
transaction for nil cost
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 17,179
d) Aggregated information
- Aggregated volume 17,179
- Price Nil
e) Date of transaction 2022-03-10
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 / 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 Receipt of 17,179 Ordinary shares from her spouse
transaction for nil cost
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 17,179
d) Aggregated information
- Aggregated volume 17,179
- Price Nil
e) Date of transaction 2022-03-10
f) Place of the transaction Outside trading venue – off market
Date: 14-03-2022 03:30:00
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