MONDI PLC - Director/PDMR Shareholding

MONDI PLC - Director/PDMR Shareholding

PR Newswire

London, March 15

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00B1CRLC47

JSE share code: MNP

15 March 2021

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

On 12 March 2021, 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	12 March 2021
Class of share	Ordinary
Option price	Nil cost option
Vesting date	After the announcement of the final results for 2023 in early 2024
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	12 March 2021
Class of share	Ordinary
Option price	Nil cost option
Vesting date Holding Period	After the announcement of the final results for 2023 in early 2024, subject to achievement of the performance conditions For the executive directors, any shares which vest will be subject to a two year holding period from the date of vesting
Performance conditions	One half TSR and one half ROCE each measured over the 3 financial years ending 31 December 2023
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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

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

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	1,647

d)

Aggregated information

- Aggregated volume


- Price

1,647


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

Grant of shares as options under the Mondi plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	8,978

d)

Aggregated information

- Aggregated volume


- Price

8,978


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

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

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	18,970

d)

Aggregated information

- Aggregated volume


- Price

18,970


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

Grant of shares as options under the Mondi plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	128,675

d)

Aggregated information

- Aggregated volume


- Price

128,675


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

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

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	2,038

d)

Aggregated information

- Aggregated volume


- Price

2,038


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

Grant of shares as options under the Mondi plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	74,916

d)

Aggregated information

- Aggregated volume


- Price

74,916


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

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

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	8,641

d)

Aggregated information

- Aggregated volume


- Price

8,641


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

Grant of shares as options under the Mondi plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	30,187

d)

Aggregated information

- Aggregated volume


- Price

30,187


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

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

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	2,620

d)

Aggregated information

- Aggregated volume


- Price

2,620


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

Grant of shares as options under the Mondi plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	12,166

d)

Aggregated information

- Aggregated volume


- Price

12,166


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

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

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	3,567

d)

Aggregated information

- Aggregated volume


- Price

3,567


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

Grant of shares as options under the Mondi plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	12,370

d)

Aggregated information

- Aggregated volume


- Price

12,370


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

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

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	8,393

d)

Aggregated information

- Aggregated volume


- Price

8,393


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

Grant of shares as options under the Mondi plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	25,961

d)

Aggregated information

- Aggregated volume


- Price

25,961


Nil

e)

Date of transaction

2021-03-12

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

b)

Initial notification / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

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

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	5,021

d)

Aggregated information

- Aggregated volume


- Price

5,021


Nil

e)

Date of transaction

2021-03-12

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

b)

Initial notification / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

Grant of shares as options under the Mondi plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	25,156

d)

Aggregated information

- Aggregated volume


- Price

25,156


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

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

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	2,880

d)

Aggregated information

- Aggregated volume


- Price

2,880


Nil

e)

Date of transaction

2021-03-12

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 / Amendment

Initial notification

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 financial instrument, type of instrument

Identification code

Ordinary shares of €0.20 each


GB00B1CRLC47

b)

Nature of the transaction

Grant of shares as options under the Mondi plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Transaction(s)	Price(s)	Volume(s)
Grant	Nil	13,002

d)

Aggregated information

- Aggregated volume


- Price

13,002


Nil

e)

Date of transaction

2021-03-12

f)

Place of the transaction

Outside trading venue - off market