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.

 

 

 

 

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

 

20 February 2025

 

Mondi Group - 2024 Final Dividend ZAR/euro Exchange Rate

 

On 20 February 2025 Mondi Group announced, in its Preliminary Results announcement, that a proposed final dividend for the year ended 31 December 2024 of 46.67 euro cents per ordinary share will be paid on Friday 16 May 2025 to all Mondi plc ordinary shareholders on either the UK main register or the South African branch register on Friday 4 April 2025.

 

The final dividend is subject to the approval of shareholders at the annual general meeting scheduled for Thursday 8 May 2025.

Mondi plc will pay its dividend in euro. However, ordinary shareholders resident in the United Kingdom will receive the final dividend in sterling (unless shareholders have elected to receive their dividend in euro). The last date for euro currency elections will be Tuesday 22 April 2025. The euro/sterling exchange rate for this payment will be set on Thursday 24 April 2025.

Shareholders holding their shares on the South African branch register will receive the final dividend in South African rand cents, converted on Thursday 20 February 2025 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.

For shareholders holding their shares on the South African branch register, the dividend will, for South African dividends tax purposes, be taxed like local dividends.  As such, for South African tax resident shareholders holding their shares on the South African branch register, dividends withholding tax will be withheld from the dividends payable to these shareholders at a rate of 20%, unless a shareholder qualifies for an exemption, resulting in a net final dividend of 721.13550 rand cents per ordinary share. Shareholders holding their shares on the South African branch register who are not tax resident in South Africa are exempted from South African dividends withholdings tax.

For the purposes of South Africa dividends tax reporting, the source of income for the payment of the dividend is the United Kingdom.

Additional Information

The final dividend will be paid from income reserves.

Mondi plc had a total of 441,412,530 ordinary shares in issue of which 191,613,336 were held on the branch register, excluding treasury shares, at the final dividend recommendation date of 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

 

20 February 2025

Full year results for the year ended 31 December 2024

Mondi, a global leader in the production of sustainable packaging and paper, today announces its results for the 12 months to 31 December 2024.

Highlights

•          Resilient performance in line with our expectations

•          Underlying EBITDA of €1,049 million, including €7 million forestry fair value gain (2023: €1,201 million including €128 million forestry fair value gain)

•          Delivering on our growth strategy

•          Started up five major capacity expansion projects – on time and within budget – including the new paper machine at Steti (Czech Republic) that commenced operations ahead of plan in December 2024

•          Completed the acquisition of Hinton pulp mill (Canada)

•          Agreed acquisition of Schumacher’s Western Europe Packaging Assets – on track to complete in H1 2025

•          Supporting shareholder returns

•          €1.60 per share special dividend paid in February 2024, returning net proceeds from sale of the Group’s Russian assets

•          Recommended total ordinary dividend of 70.0 euro cents per share – in line with 2023

Financial summary

€ million, unless otherwise stated

Year ended 31 December 2024

Year ended 31 December 2023

Change

%

Six months ended 31 December 2024 (H2 2024)

Six months ended 30 June 2024 (H1 2024)

From continuing operations

 

 

 

 

 

Group revenue

7,416

7,330

 1 

3,677

3,739

Underlying EBITDA1

1,049

1,201

 (13)

484

565

Forestry fair value gain / (loss)

7

128

 

(42)

49

Underlying EBITDA excluding forestry fair value gain1

1,042

1,073

 

526

516

Underlying EBITDA margin1

 14.1%

 16.4%

 

 13.2%

 15.1%

 

 

 

 

 

 

Profit before tax

378

682

 (45)

 

 

 

 

 

 

 

 

Basic underlying earnings per share (euro cents)1

82.7

107.8

 (23)

 

 

Basic earnings per share (euro cents)

49.1

103.5

 (53)

 

 

 

 

 

 

 

 

Total ordinary dividend per share (euro cents)

70.0

70.0

 — 

 

 

Special dividend per share (euro cents)

160.0

 

 

 

 

 

 

 

 

 

 

Cash generated from operations

970

1,312

 (26)

 

 

Net debt to underlying EBITDA (times)1

1.7

0.3

 

 

 

 

 

 

 

 

 

Return on capital employed (ROCE)1

9.6%

12.8%

 

 

 

Note:

1 The Group presents certain measures that are not defined or specified according to International Financial Reporting Standards. Refer to the Alternative Performance Measures (APMs) section at the end of this document for further detail.

Andrew King, Mondi Group Chief Executive Officer, commented:

“Mondi demonstrated resilience through the year in the face of ongoing difficult trading conditions, characterised by soft demand and a challenging pricing environment. This resilience highlights the strength of our cost-competitive, strategically located integrated assets and our great people. Furthermore, our ability to adapt with agility and flexibility to market uncertainties, combined with our unwavering focus on product quality, reliability and innovation in offering a diverse portfolio of sustainable packaging and paper solutions, has been central to delivering value to our stakeholders.

“In 2024 Mondi successfully started up five major capacity expansion projects on time and within budget building a strong platform for growth. The largest of these, the new paper machine at Steti (Czech Republic), commenced operations ahead of schedule in December. We are very appreciative of the commitment of our colleagues who have worked tirelessly over the last few years to deliver these projects. Our focus now turns to executing our operational and commercial strategy and leveraging our expanded product offering.

“Disciplined capital allocation to deliver value accretive growth remains a strategic priority and, alongside our investment in organic growth opportunities, we were pleased to announce the acquisition of the Western Europe Packaging Assets of Schumacher Packaging, which will expand our geographic reach and deliver integration benefits in our Corrugated Packaging business.

"Reflecting the importance of shareholder returns and our continued confidence in the future of the business, the Board has recommended a total ordinary dividend for 2024 in line with last year, at 70.0 euro cents per share.

"As we move into 2025, while significant macroeconomic and geopolitical uncertainties remain, we are currently seeing improving order books across our packaging businesses and are implementing price increases across our range of packaging paper grades. With our culture of continuous improvement, we are focused on managing costs and driving productivity, alongside ramping up our new capacity expansion projects.

“The demand for sustainable products is providing many opportunities for Mondi and is a key driver of our growth. Our investments over the last few years, enhancing our unique packaging and paper platform and product offering for our customers, will support this growth.”

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

 

Results presentation details

A webinar will be held today at 09:00 (GMT), 10:00 (CET), 11:00 (SAST).

Event registration link: https://storm-virtual-uk.zoom.us/webinar/register/WN_NnKIKisrTvW7KFhK6CXLBA

Once registered, you will receive a confirmation email from ‘MONDI Events’ with the webinar link and ID.

A replay will be available on our website within a couple hours after the end of the live results presentation at:

https://www.mondigroup.com/investors/results-reports-and-presentations/

For any queries, please email ir@mondigroup.com

Delivering on our strategy

Group performance review

Mondi demonstrated resilience during the year delivering an underlying EBITDA of €1,049 million, achieved against a backdrop of softness in demand and a challenging pricing environment. This performance highlights the strength of our cost-competitive, strategically located integrated assets and our great people. Furthermore, our ability to adapt with agility and flexibility to market uncertainties, combined with our unwavering focus on product quality, reliability and innovation in offering a diverse portfolio of sustainable packaging and paper solutions, has been central to delivering value to our stakeholders.

2024 started with some encouraging signs of recovery, with restocking and price increases across all our paper grades combined with lower input costs. As the year progressed the market recovery faltered with many of our markets experiencing a lacklustre demand environment resulting in prices first stabilising and then declining into the end of the year. 

Underlying EBITDA of €1,049 million was 13% below last year primarily due to the significantly lower forestry fair value gain in 2024 of €7 million and a €32 million one-off currency loss recognised in the first half of 2024 from the devaluation of the Egyptian pound (2023: €1,201 million, forestry fair value gain of €128 million). Volume growth and lower wood, energy and chemical costs offset lower average prices and inflationary increases in operating costs. 

Corrugated Packaging delivered an improved performance in the second half of the year when compared to the first half of the year. Margin expansion and an improvement in underlying EBITDA in the second half were driven by higher average selling prices which more than offset lower volumes as a result of a higher number of scheduled mill maintenance shuts compared to the first half. Excluding the one-off currency loss in the first half, Flexible Packaging's underlying EBITDA was down in the second half as higher average selling prices through the second half were offset by lower volumes and higher fixed costs from scheduled mill maintenance shuts. After a strong start to the year, Uncoated Fine Paper had a weaker second half of the year due to a forestry fair value loss, lower prices and scheduled mill maintenance shut impacts.

Basic underlying earnings per share were 82.7 euro cents (2023: 107.8 euro cents) reflecting lower profitability.

Special item pre-tax charges in the year were €150 million which included €110 million of closure costs at the Stambolijski kraft paper mill in Bulgaria.

Over the last three years Mondi has undertaken a meaningful capital expenditure programme across both corrugated and flexible packaging mills and converting plants investing €1.2 billion in total to expand capacity, increase cost competitiveness and improve our environmental footprint. By the end of 2024 80% of the investment had been completed – on time and within budget. Five of the major capacity expansion projects, including the new paper machine at Steti (Czech Republic) which commenced operations in December 2024, are now operational. Duino (Italy) remains on track to complete in the first half of 2025. Our focus turns to executing our operational and commercial strategy ensuring all these projects ramp up capacity efficiently to maximise value from our investments and deliver mid-teen returns through cycle.

Return on capital employed was 9.6% (2023: 12.8%), reflecting the ongoing challenging trading conditions, the significantly lower forestry fair value gain and a one-off currency loss from the devaluation of the Egyptian pound.

Maintaining a strong and flexible balance sheet, reflected in an investment grade credit rating, coupled with strong cash generation, enables the Group to continue investing through the cycle alongside paying dividends to shareholders. Cash generated from operations was €970 million, a reduction on the prior year (2023: €1,312 million) due to working capital movements. Net debt to underlying EBITDA at 31 December 2024 was 1.7 times (31 December 2023: 0.3 times) as the business continued to invest in its meaningful capital expenditure programme. We are on track to complete the acquisition of the Western Europe Packaging Assets of Schumacher Packaging, for an enterprise value of €634 million, in the first half of 2025, which

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00BMWC6P49

JSE share code: MNP

 

17 February 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

13-Feb-2025

6. Date on which Issuer notified

17-Feb-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

6.917202

0.000000

6.917202

30533396

Position of previous notification (if applicable)

7.001328

0.000000

7.001328

 

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

30533396

0

6.917202

0.000000

Sub Total 8.A

30533396

6.917202%

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

6.917202

0.000000

6.917202%

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

17-Feb-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 February 2025

EMPLOYEE SHARE PLANS

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH

 

We advise that on 7 February 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)

£12.75

24

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

24

 

£12.75

e)

Date of transaction

2025-02-07

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)

£12.75

24

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

24

 

£12.75

e)

Date of transaction

2025-02-07

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

 

5 February 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

03-Feb-2025

6. Date on which Issuer notified

05-Feb-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

7.001328

0.000000

7.001328

30904741

Position of previous notification (if applicable)

6.981975

0.000000

6.981975

 

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

 

 

30904741

0

7.001328

0.000000

 

 

Sub

  Total 8.A

 

 

30904741

7.001328%

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

 

 

7.001328

0.000000

7.001328%

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

05-Feb-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

 

8 January 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

06-Jan-2025

6. Date on which Issuer notified

08-Jan-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

6.981975

0.000000

6.981975

30819311

Position of previous notification (if applicable)

7.024810

0.000000

7.024810

 

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

30819311

0

6.981975

0.000000

Sub Total 8.A

30819311

6.981975%

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

6.981975

0.000000

6.981975%

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

08-Jan-2025

13. Place Of Completion

Claremont, 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

 

17 December 2024

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH

 

There follows a notification form for a director 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  /  person  closely associated

a)

Name

Anke Groth

2

Reason for the notification

a)

Position/status

Non-Executive 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 €0.22 each

 

 

GB00BMWC6P49

b)

Nature of the transaction

Acquisition of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

€14.90

500

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

500

 

€14.90

e)

Date of transaction

2024-12-13

f)

Place of the transaction

Frankfurter Wertpapierboerse FRAA

 

 

Mondi plc

(Incorporated in England and Wales)

(Registered number: 6209386)

LEI: 213800LOZA69QFDC9N34

LSE share code: MNDI ISIN: GB00BMWC6P49

JSE share code: MNP

 

12 December 2024

 

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

10-Dec-2024

6. Date on which Issuer notified

12-Dec-2024

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

7.024810

0.000000

7.024810

31008392

Position of previous notification (if applicable)

6.012900

0.000000

6.012900

 

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

31008392

0

7.024810

0.000000

Sub Total 8.A

31008392

7.024810%

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

7.024810

0.000000

7.024810%

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

12-Dec-2024

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

 

9 December 2024

EMPLOYEE SHARE PLANS

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.22 EACH

 

We advise that on 6 December 2024, 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)

£11.9560

24

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

24

 

£11.9560

e)

Date of transaction

2024-12-06

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)

£11.9560

24

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

24

 

£11.9560

e)

Date of transaction

2024-12-06

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   

JSE share code: MNP ISIN: GB00BMWC6P49

 

 

20 November 2024

 

Notification of change in Director's details

 

Svein Richard Brandtzaeg, an independent non-executive director of Mondi plc, has been appointed as a non-executive director of Rotork plc with effect from 20 November 2024.

 

This disclosure is made to comply with LR 6.4.9 R of the UK Listing Rules.

 

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   

 

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 2023, Mondi had revenues of €7.3 billion and underlying EBITDA of €1.2 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.