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MONDI PLC - Transactions in Mondi plc ordinary shares of 0.20 each

Release Date: 27/03/2020 16:40
Code(s): MNP     PDF:  
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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

27 March 2020


Transactions in Mondi plc ordinary shares of €0.20 each

On 26 March 2020, awards of shares took place under the Mondi plc Bonus Share
Plan (BSP) and Long Term Incentive Plan (LTIP).

Mondi plc Bonus Share Plan

Date of transaction            26 March 2020
Class of share                 Ordinary
Option price                   Nil cost option
Release date                   After the announcement of the final results for
                               2022 in early 2023
Additional Information         The share award under the BSP represents half
                               of the Executive’s total bonus as approved by
                               the 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.

Mondi plc Long Term Incentive Plan

Date of transaction            26 March 2020
Class of share                 Ordinary
Option price                   Nil cost option
Release date                   After the announcement of the final results for
                               2022 in early 2023
Performance conditions         One half TSR and one half ROCE each
                               measured over the 3 financial years ending 31
                               December 2022
Additional Information         The LTIP award is based on a percentage of
                               the Executive’s salary as approved by the
                               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.
There follow notification forms for directors/PDMRs of Mondi plc.


Sponsor in South Africa: UBS South Africa (Pty) Ltd

   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                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)         Volume(s)
                                 Grant          Nil              1,791


d) Aggregated information

     - Aggregated volume        1,791


     - Price                    Nil

e) Date of transaction          2020-03-26

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                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)
                                 Grant          Nil              10,670


d) Aggregated information

     - Aggregated volume        10,670


     - Price                    Nil

e) Date of transaction          2020-03-26

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 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                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  11,220


d) Aggregated information

     - Aggregated volume        11,220


     - Price                    Nil

e) Date of transaction          2020-03-26

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                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  5,112


d) Aggregated information

     - Aggregated volume        5,112


     - Price                    Nil

e) Date of transaction          2020-03-26

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                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)
                                 Grant          Nil                  32,616


d) Aggregated information

     - Aggregated volume        32,616


     - Price                    Nil

e) Date of transaction          2020-03-26

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                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  2,713


d) Aggregated information

     - Aggregated volume        2,713


     - Price                    Nil

e) Date of transaction          2020-03-26

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                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)
                                 Grant          Nil                  12,829


d) Aggregated information

     - Aggregated volume        12,829


     - Price                    Nil

e) Date of transaction          2020-03-26

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                      Peter Orisich

2 Reason for the notification
a) Position/status          CEO, Flexible Packaging and Engineered Materials

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                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  4,452


d) Aggregated information

     - Aggregated volume        4,452


     - Price                    Nil

e) Date of transaction          2020-03-26

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                         Peter Orisich

2 Reason for the notification
a) Position/status          CEO, Flexible Packaging and Engineered Materials

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)
                                 Grant          Nil                  28,050


d) Aggregated information

     - Aggregated volume        28,050


     - Price                    Nil

e) Date of transaction          2020-03-26

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                      Gunilla Saltin
2 Reason for the notification
a) Position/status          CEO, Uncoated Fine Paper and 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                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)
                                 Grant          Nil                  27,180


d) Aggregated information

     - Aggregated volume        27,180


     - Price                    Nil

e) Date of transaction          2020-03-26

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 and 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                Grant of shares as options under the Mondi plc
   transaction                  Bonus Share Plan

c) Price(s) and volume(s)        Transaction(s) Price(s)             Volume(s)
                                 Grant          Nil                  2,901


d) Aggregated information

     - Aggregated volume        2,901


     - Price                    Nil

e) Date of transaction          2020-03-26

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 and 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                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)
                                 Grant          Nil                  13,743


d) Aggregated information

     - Aggregated volume        13,743


     - Price                    Nil

e) Date of transaction          2020-03-26

f)   Place of the transaction   Outside trading venue – off market

Date: 27-03-2020 04:40:00
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