Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00BMWC6P49

JSE share code: MNP

 

9 May 2025

EMPLOYEE SHARE PLANS

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH

 

We advise that on 8 May 2025, transactions took place in relation to the Mondi Share Incentive Plan ("SIP") on behalf of directors of Mondi plc.

The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs under which UK employees are able to buy Ordinary shares in Mondi plc ("Mondi Shares") using monthly deductions from salary and to receive allocations of free matching Mondi Shares ("Matching Shares").

 

There follows notification forms for two directors of Mondi plc. The price given for the nil consideration Matching Shares reflects the market value on the day of purchase.

 

Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

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 €0.22 each

 

 

GB00BMWC6P49

b)

Nature of the transaction

Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£11.5229

26

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

26

 

£11.5229

e)

Date of transaction

2025-05-08

f)

Place of the transaction

London Stock Exchange XLON

 

 

1

Details of the person discharging managerial responsibilities / person  closely associated

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 €0.22 each

 

 

GB00BMWC6P49

b)

Nature of the transaction

Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£11.5229

26

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

26

 

£11.5229

e)

Date of transaction

2025-05-08

f)

Place of the transaction

London Stock Exchange XLON

 

Mondi plc

Incorporated in England and Wales

Registered number: 6209386

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI   ISIN: GB00BMWC6P49

JSE share code: MNP

 

 

8 May 2025

 

Annual General Meeting

 

The Annual General Meeting (AGM) of Mondi plc was held earlier today.

 

All resolutions were passed by shareholders by way of a poll and all valid proxy votes were included in the poll. The Company's issued share capital on 6 May 2025 (the voting record date) was 441,412,530 ordinary shares of €0.22 each. Overall approximately 81% of shares were voted. The total number of votes received on each resolution is as follows:

 

 

Resolution

Votes

For

%

Votes

Against

%

Votes

Total

% of ISC Voted

Votes Withheld **

 

 

 

 

 

 

 

 

1. To receive the report and accounts

357,824,789

100.00

4,452

0.00

357,829,241

81.06%

903,719

2. To approve the remuneration report (other than the policy)

314,207,345

87.66

44,251,368

12.34

358,458,713

81.21%

274,246

3. To declare a final dividend

355,206,580

99.09

3,267,142

0.91

358,473,722

81.21%

259,238

4. To elect Sucheta Govil as a director

358,319,325

99.96

147,057

0.04

358,466,382

81.21%

266,578

5. To re-elect Svein Richard Brandtzaeg as a director

356,786,343

99.53

1,679,870

0.47

358,466,213

81.21%

266,747

6. To re-elect Sue Clark as a director

357,373,746

99.70

1,091,646

0.30

358,465,392

81.21%

307,568

7. To re-elect Anke Groth as a director

358,454,664

100.00

11,426

0.00

358,466,090

81.21%

266,870

8. To re-elect Andrew King as a director

358,457,856

100.00

7,731

0.00

358,465,587

81.21%

267,373

9. To re-elect Saki Macozoma as a director

354,190,606

98.81

4,274,762

1.19

358,465,368

81.21%

267,592

10. To re-elect Mike Powell as a director

358,250,916

99.94

214,759

0.06

358,465,675

81.21%

267,285

11. To re-elect Dame Angela Strank as a director

358,433,203

99.99

33,656

0.01

358,466,859

81.21%

266,101

12. To re-elect Philip Yea as a director

355,584,380

99.20

2,882,110

0.80

358,466,490

81.21%

266,470

13. To re-elect Stephen Young as a director

357,922,998

99.85

543,492

0.15

358,466,490

81.21%

266,470

14. To appoint the auditors

357,501,819

99.96

133,092

0.04

357,634,911

81.02%

1,098,049

15. To authorise the audit committee to determine the auditors' remuneration

358,444,327

99.99

22,814

0.01

358,467,141

81.21%

265,819

16. To approve the Mondi plc Long-Term Incentive Plan 2025

351,702,807

98.11

6,759,997

1.89

358,462,804

81.21%

270,156

17. To approve the Mondi plc Bonus Share Plan 2025

354,716,835

98.95

3,747,274

1.05

358,464,109

81.21%

268,851

18. To authorise the directors to allot relevant securities 

320,802,560

89.49

37,668,218

10.51

358,470,778

81.21%

262,182

19. To authorise the directors to disapply pre-emption rights*

281,254,315

78.46

77,217,173

21.54

 

Mondi plc

Incorporated in England and Wales

Registered number: 6209386

Tax registration number: 454 12394 14454

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI   ISIN: GB00BMWC6P49

JSE share code: MNP

 

24 April 2025

 

Mondi Group - 2024 Final Dividend euro/sterling Exchange Rate

On 20 February 2025 Mondi plc announced that it will, subject to shareholder approval at the AGM, pay a final dividend for the year ended 31 December 2024 of 46.67 euro cents per ordinary share on Friday 16 May 2025. The dividend will be paid in euro.

However, ordinary shareholders resident in the United Kingdom will receive the final dividend in sterling (unless shareholders have elected to receive their dividends in euro). The last date for euro currency elections was 22 April 2025. It was stated in the announcement on 20 February that the exchange rate for the final dividend payment would be set today. Accordingly, it is confirmed that sterling dividend payments will be converted at a rate of EUR 1 to GBP 0.85558. Therefore, the equivalent final dividend in pence per ordinary share will be 39.92992.

Mondi plc South African branch register shareholders will receive the final dividend in South African rand cents, converted at a rate of EUR 1 to ZAR 19.31475. Therefore, the equivalent gross final dividend in rand cents per ordinary share will be 901.41938.

Information relating to the dividend tax applicable to Mondi plc South African branch register shareholders can be found in the ZAR/euro exchange rate announcement released by Mondi on 20 February 2025.

About Mondi

Mondi is a global leader in packaging and paper, contributing to a better world by producing products that are sustainable by design. We employ 22,000 people in more than 30 countries and operate an integrated business with expertise spanning the entire value chain, enabling us to offer our customers a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.

 

In 2024, Mondi had revenues of €7.4 billion and underlying EBITDA of €1.0 billion. Mondi is listed on the London Stock Exchange in the ESCC category (MNDI), where the Group is a FTSE100 constituent. It also has a secondary listing on the JSE Limited (MNP).

 

Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities.

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00BMWC6P49

JSE share code: MNP

 

8 April 2025

EMPLOYEE SHARE PLANS

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH

 

We advise that on 7 April 2025, transactions took place in relation to the Mondi Share Incentive Plan ("SIP") on behalf of directors of Mondi plc.

The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs under which UK employees are able to buy Ordinary shares in Mondi plc ("Mondi Shares") using monthly deductions from salary and to receive allocations of free matching Mondi Shares ("Matching Shares").

 

There follows notification forms for two directors of Mondi plc. The price given for the nil consideration Matching Shares reflects the market value on the day of purchase.

 

Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

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 €0.22 each

 

 

GB00BMWC6P49

b)

Nature of the transaction

Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£10.1132

28

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

28

 

£10.1132

e)

Date of transaction

2025-04-07

f)

Place of the transaction

London Stock Exchange XLON

 

 

1

Details of the person discharging managerial responsibilities / person  closely associated

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 €0.22 each

 

 

GB00BMWC6P49

b)

Nature of the transaction

Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£10.1132

28

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

28

 

£10.1132

e)

Date of transaction

2025-04-07

f)

Place of the transaction

London Stock Exchange XLON

 

Mondi plc

 

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

 

LSE share code: MNDI ISIN: GB00BMWC6P49

JSE share code: MNP

 

1 April 2025

Mondi completes acquisition of Western Europe Packaging Assets of Schumacher Packaging

 

Mondi plc (“Mondi” or the “Group”) a global leader in the production of sustainable packaging and paper, has completed the acquisition of the Western Europe Packaging Assets of Schumacher Packaging, expanding Mondi’s footprint, enhancing its customer offering and creating a strong platform for further growth.

Complementing Mondi’s existing network of corrugated solutions plants across Central and Eastern Europe, the acquired corrugated converting and solid board operations in Germany, Benelux and UK will add over 1 billion square meters of capacity when fully operational. This includes two state-of-the-art mega box plants located at Ebersdorf and Greven (Germany), which have best-in-class production speed and operational efficiency, and offer significant growth potential following a recent investment programme.

Andrew King, Mondi Group CEO, said:

 

“This acquisition significantly strengthens our corrugated packaging business, extending our footprint in Western Europe and offering strong vertical integration opportunities.

 

“We are delighted to welcome our new Schumacher Packaging colleagues to Mondi. Together we will expand our eCommerce and FMCG offering, particularly in Western Europe, presenting exciting opportunities to introduce the Group’s unique range of products to a wider array of customers as they increasingly transition towards more sustainable packaging solutions.”

 

-          END -

 

Enquiries

Investors/analysts:

Fiona Lawrence                    +44 742 587 8683

Mondi Group: Head of Investor Relations  

 

Media: 

Chris Gurney       +44 799 004 3764

Mondi Group: Head of Corporate Communication

 

Richard Mountain                   +44 790 968 4466

FTI Consulting

Editors’ notes

Mondi is a global leader in packaging and paper, contributing to a better world by producing products that are sustainable by design. We employ 22,000 people in more than 30 countries and operate an integrated business with expertise spanning the entire value chain, enabling us to offer our customers a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.

In 2024, Mondi had revenues of €7.4 billion and underlying EBITDA of €1.0 billion. Mondi is listed on the London Stock Exchange in the ESCC category (MNDI), where the Group is a FTSE100 constituent. It also has a secondary listing on the JSE Limited (MNP).

mondigroup.com

Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities.

 

 

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00BMWC6P49

JSE share code: MNP

 

25 March 2025

 

Notification of Major Interests in Shares

 

1. Issuer Details

ISIN

GB00BMWC6P49

Issuer Name

MONDI PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Coronation Fund Managers

City of registered office (if applicable)

Cape Town

Country of registered office (if applicable)

South Africa

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

20-Mar-2025

6. Date on which Issuer notified

24-Mar-2025

7. Total positions of person(s) subject to the notification obligation

.

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

7.021019

0.000000

7.021019

30991659

Position of previous notification (if applicable)

6.917202

0.000000

6.917202

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00BMWC6P49

30991659

0

7.021019

0.000000

Sub Total 8.A

30991659

7.021019%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 

 

 

 

 

Sub Total 8.B1

 

 

 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

 

 

 

 

 

 

Sub Total 8.B2

 

 

 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Coronation Fund Managers

Coronation Asset Management (Pty) Ltd

7.021019

0.000000

7.021019%

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

12. Date of Completion

24-Mar-2025

13. Place Of Completion

Cape Town, South Africa

 

Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities 

 

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

 

LSE share code: MNDI   ISIN: GB00BMWC6P49

JSE share code: MNP   

 

11 March 2025

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933) OR IN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW

Mondi launches €600 million Eurobond

Mondi has successfully launched a €600 million, 8-year Eurobond. Proceeds of the issue, which is due to close on 18 March 2025, will be used for general corporate purposes.

The Eurobond matures in May 2033, has a coupon of 3.75%, and an application will be made for it to be admitted to trading on the London Stock Exchange’s regulated market. The joint book-runners for the issue were BNP Paribas, Commerzbank, Deutsche Bank, SEB and UniCredit.The Eurobond will be issued under Mondi’s Euro Medium Term Note (EMTN) programme, which is rated Baa1 by Moody´s and A- by Standard and Poor´s.Mike Powell, CFO, Mondi Group, said “We are pleased to have successfully launched a €600 million Eurobond today, which was supported by a wide range of European investors.  This bond will extend our debt maturity profile and further strengthen the Group’s liquidity position.”

THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933 (THE “SECURITIES ACT”)). THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF ANY OFFER TO BUY SECURITIES, NOR SHALL THERE BE ANY OFFER OF SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER OR SALE WOULD BE UNLAWFUL.

This communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons in the United Kingdom who have professional experience in matters related to investments and who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) of the United Kingdom (the "Financial Promotion Order"); (iii) persons who fall within Articles 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Promotion Order; and (iv) any other persons to whom this communication may otherwise lawfully be directed (all such persons together being referred to as "relevant persons"). This communication must not be acted on or relied on by other persons in the United Kingdom. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons. This communication must not be acted on or relied on by persons who are not relevant persons.

Enquiries

Fiona Lawrence +44 742 587 8683

Group Head of Investor Relations

Richard Smith +44 7764 359140

Group Treasurer

 

Editor´s notes

Mondi is a global leader in packaging and paper, contributing to a better world by producing products that are sustainable by design. We employ 22,000 people in more than 30 countries and operate an integrated business with expertise spanning the entire value chain, enabling us to offer our customers a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.

In 2024, Mondi had revenues of €7.4 billion and underlying EBITDA of €1.0 billion.  Mondi is listed on the London Stock Exchange in the ESCC category (MNDI), where the Group is a FTSE100 constituent. It also has a secondary listing on the JSE Limited (MNP).

Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities.

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00BMWC6P49

JSE share code: MNP

 

10 March 2025

EMPLOYEE SHARE PLANS

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH

 

We advise that on 7 March 2025, transactions took place in relation to the Mondi Share Incentive Plan ("SIP") on behalf of directors of Mondi plc.

The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs under which UK employees are able to buy Ordinary shares in Mondi plc ("Mondi Shares") using monthly deductions from salary and to receive allocations of free matching Mondi Shares ("Matching Shares").

 

There follows notification forms for two directors of Mondi plc. The price given for the nil consideration Matching Shares reflects the market value on the day of purchase.

 

Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

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 €0.22 each

 

 

GB00BMWC6P49

b)

Nature of the transaction

Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£12.8729

24

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

24

 

£12.8729

e)

Date of transaction

2025-03-07

f)

Place of the transaction

London Stock Exchange XLON

 

 

1

Details of the person discharging managerial responsibilities / person  closely associated

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 €0.22 each

 

 

GB00BMWC6P49

b)

Nature of the transaction

Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£12.8729

24

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

24

 

£12.8729

e)

Date of transaction

2025-03-07

f)

Place of the transaction

London Stock Exchange XLON

 

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00BMWC6P49

JSE share code: MNP

 

 

7 March 2025

 

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH

 

On 7 March 2025, 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

7 March 2025

Class of share

Ordinary

Option price

Nil cost option

Vesting date

After the announcement of the final results for 2027, in early 2028

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 trading days commencing with the announcement of results.

 

Mondi plc Long Term Incentive Plan

 

Date of transaction

7 March 2025

Class of share

Ordinary

Option price

Nil cost option

Vesting date

 

 

Holding Period

After the announcement of the final results for 2027, in early 2028, 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

50% ROCE, 25% TSR and 25% cumulative EPS each measured over the 3 financial years ending 31 December 2027

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 trading days commencing with the announcement of results.

 

 

There follow notification forms for directors/PDMRs of Mondi plc.

 

 

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

 

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 €0.22 each

 

 

 

GB00BMWC6P49

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

45,869

 

 

 

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

45,869

 

 

Nil

e)

Date of transaction

2025-03-07

 

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 €0.22 each

 

 

 

GB00BMWC6P49

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

209,206

 

 

 

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

209,206

 

 

Nil

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

JSE share code: MNP ISIN: GB00BMWC6P49

LSE share code: MNDI

 

4 March 2025

 

PUBLICATION OF INTEGRATED REPORT, SUSTAINABLE DEVELOPMENT REPORT AND NOTICE OF ANNUAL GENERAL MEETING OF MONDI plc

The Mondi Group Integrated report and financial statements 2024 and the Notice of the Annual General Meeting of Mondi plc (the "Company") have been published today and will shortly be posted to shareholders. The audited consolidated financial statements reported in the Integrated report and financial statements 2024 do not contain any material changes from the results published in Mondi plc's preliminary statement (which were audited by PricewaterhouseCoopers LLP) issued on 20 February 2025.

In accordance with Listing Rule 6.4.1, copies of the following documents have been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

-          Mondi Group Integrated report and financial statements 2024

-          Mondi plc Notice of Annual General Meeting 2025

-          Mondi plc Form of Proxy for 2025 Annual General Meeting

-          Draft rules of the Mondi plc Bonus Share Plan 2025

-          Draft rules of the Mondi plc Long-Term Incentive Plan 2025

 

Mondi's 2024 Sustainable Development report has also been published today. The report provides an overview of Mondi's performance and approach to sustainable development.

 

The Mondi Group Integrated report and financial statements 2024, Sustainable Development report 2024 and the Notice of Annual General Meeting of Mondi plc are available on the Mondi Group website at www.mondigroup.com. 

 

Annual General Meeting

 

The Annual General Meeting of Mondi plc ("AGM") is due to be held at 10:30 (UK time) on 8 May 2025 at Mercedes-Benz World, Brooklands Drive, Weybridge, KT13 0SL, United Kingdom.

Shareholders may also participate in the AGM by way of a webinar facility. While listening to the webinar does not of itself constitute attendance at the AGM, it will provide an opportunity for shareholders to hear events of the meeting. Please see the Notice of AGM and Mondi's website for details.

To be entitled to vote at the AGM, shareholders on the UK register must be registered in the register of members of the Company as at 18:30 (UK time) on 6 May 2025. Shareholders on the South African branch register must be registered on the branch register as at 18.00 (SA time) on 6 May 2025; the last date to trade for this purpose is 30 April.

 

About Mondi

Mondi is a global leader in packaging and paper, contributing to a better world by producing products that are sustainable by design. We employ 22,000 people in more than 30 countries and operate an integrated business with expertise spanning the entire value chain, enabling us to offer our customers a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.

In 2024, Mondi had revenues of €7.4 billion and underlying EBITDA of €1.0 billion. Mondi is listed on the London Stock Exchange in the ESCC category (MNDI), where the Group is a FTSE100 constituent. It also has a secondary listing on the JSE Limited (MNP).

 

Sponsor in South Africa: Merrill Lynch South Africa Proprietary Limited t/a BofA Securities.