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