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MONDI PLC - Notification of Transactions of Directors and Persons Discharging Managerial Responsbilities (PDMRs)

Release Date: 28/02/2025 16:00
Code(s): MNP     PDF:  
Wrap Text
Notification of Transactions of Directors and Persons Discharging Managerial Responsbilities (PDMRs)

Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI      ISIN: GB00BMWC6P49
JSE share code: MNP

28 February 2025


NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS
DISCHARGING MANAGERIAL RESPONSBILITIES (PDMRs)

We advise that directors/PDMRs of Mondi plc have acquired Mondi plc ordinary shares
of €0.22 each following the exercise of nil-cost options under the Mondi plc Bonus
Share Plan (BSP) and Mondi plc Long Term Incentive Plan (LTIP). Following exercise,
some of the shares were sold to cover tax liabilities.

The exercise of the BSP and LTIP nil-cost options for directors includes additional
shares received in lieu of dividends, which are subject to tax. The retained shares for
one director 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, Uncoated Fine Paper & 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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share 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                 4,316
                               (2) Sale          ZAR               4,316
                                                 285.601451

d) Aggregated information

    - Aggregated volume       (1) 4,316
                              (2) 4,316

    - Price                   (1) Nil
                              (2) ZAR 285.601451
e) Date of transaction        2025-02-27
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, Uncoated Fine Paper & 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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)             Volume(s)
                               (1) Acquisition Nil                 6,675
                               (2) Sale          ZAR               6,675
                                                 285.601451

d) Aggregated information

    - Aggregated volume       (1) 6,675
                              (2) 6,675

    - Price                   (1) Nil
                              (2) ZAR 285.601451
e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share 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                  73,383
                               (2) Sale          GBP 12.216145 35,509

d) Aggregated information

    - Aggregated volume       (1) 73,383
                              (2) 35,509

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  95,811
                               (2) Sale          GBP 12.216145 46,361

d) Aggregated information

    - Aggregated volume       (1) 95,811
                              (2) 46,361

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share Plan nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               Acquisition       Nil                18,251
                               Sale              GBP 12.216145 18,251
d) Aggregated information

    - Aggregated volume       (1) 18,251
                              (2) 18,251

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  18,971
                               (2) Sale          GBP 12.216145 18,971

d) Aggregated information

    - Aggregated volume       (1) 18,971
                              (2) 18,971

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share 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                  9,253
                               (2) Sale          GBP 12.216145 5,090

d) Aggregated information

    - Aggregated volume       (1) 9,253
                              (2) 5,090

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  7,965
                               (2) Sale          GBP 12.216145 4,381

d) Aggregated information

    - Aggregated volume       (1) 7,965
                              (2) 4,381

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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                      Thomas Ott

2 Reason for the notification
a) Position/status          CEO, Flexible 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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share 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                  8,701
                               (2) Sale          GBP 12.216145 8,701

d) Aggregated information

    - Aggregated volume       (1) 8,701
                              (2) 8,701

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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                      Thomas Ott

2 Reason for the notification
a) Position/status          CEO, Flexible 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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Long Term Incentive nil-cost option;
                              and (2) subsequent sale of shares
c) Price(s) and volume(s)      Transaction(s) Price(s)              Volume(s)
                               (1) Acquisition Nil                  18,779
                               (2) Sale          GBP 12.216145 18,779

d) Aggregated information

    - Aggregated volume       (1) 18,779
                              (2) 18,779

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                of a Mondi plc Bonus Share 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                  42,558
                               (2) Sale          GBP 12.216145 20,162

d) Aggregated information

    - Aggregated volume       (1) 42,558
                              (2) 20,162

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              (1) Acquisition of shares as a result of the exercise
   transaction                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                  55,781
                               (2) Sale          GBP 12.216145 26,426

d) Aggregated information

    - Aggregated volume       (1) 55,781
                              (2) 26,426

    - Price                   (1) Nil
                              (2) GBP 12.216145
e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              Transfer of 51,751 Ordinary shares to his spouse
   transaction                for nil cost

c) Price(s) and volume(s)      Price(s)                  Volume(s)
                               Nil                       51,751
d) Aggregated information

    - Aggregated volume       51,751


    - Price                   Nil

e) Date of transaction        2025-02-27
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 €0.22 each
   financial instrument,
   type of instrument

    Identification code       GB00BMWC6P49

b) Nature of the              Receipt of 51,751 Ordinary shares from her spouse
   transaction                for nil cost

c) Price(s) and volume(s)      Price(s)                  Volume(s)
                               Nil                       51,751
d) Aggregated information

    - Aggregated volume       51,751


    - Price                   Nil

e) Date of transaction        2025-02-27
f) Place of the transaction   Outside trading venue – off market

Date: 28-02-2025 04:00:00
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