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MONDI PLC - Transactions in Mondi Plc Ordinary Shares Of 0.20 Each

Release Date: 11/05/2020 14:30
Code(s): MNP     PDF:  
 
Wrap Text
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



11 May 2020


TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

On 11 May 2020, an award of shares took place under the Mondi plc Long Term
Incentive Plan (LTIP).

Mondi plc Long Term Incentive Plan

Date of transaction                11 May 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 follows a notification form for a director of Mondi plc.


Sponsor in South Africa: UBS South Africa (Pty) Ltd
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                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                  140,758


d) Aggregated information

     - Aggregated volume        140,758


     - Price                    Nil

e) Date of transaction          2020-05-11

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

Date: 11-05-2020 02:30:00
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