14th Mar 2022 14:15
MONDI PLC - Director/PDMR Shareholding
MONDI PLC - Director/PDMR Shareholding
PR Newswire
London, March 14
Mondi plc(Incorporated in England and Wales)(Registered number: 6209386)LEI: 213800LOZA69QFDC9N34LSE share code: MNDI ISIN: GB00B1CRLC47JSE share code: MNP
14 March 2022
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH
On 10 March 2022, 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 | 10 March 2022 |
| Class of share | Ordinary |
| Option price | Nil cost option |
| Vesting date | After the announcement of the final results for 2024 in early 2025 |
| Additional Information | The share award under the BSP represents half of the Executive’s total bonus as approved by the Remuneration Committee. In line with the standard methodology adopted each year, the number of shares under award is determined with reference to the average share price over three days commencing with the announcement of results. |
Mondi plc Long Term Incentive Plan
| Date of transaction | 10 March 2022 |
| Class of share | Ordinary |
| Option price | Nil cost option |
| Vesting date Holding Period | After the announcement of the final results for 2024 in early 2025, subject to achievement of the performance conditions For the executive directors, any shares which vest will be subject to a two year holding period from the date of vesting |
| Performance conditions | One half TSR and one half ROCE each measured over the 3 financial years ending 31 December 2024 |
| Additional Information | The LTIP award is based on a percentage of the Executive’s salary as approved by the Remuneration Committee. In line with the standard methodology adopted each year, the number of shares under award is determined with reference to the average share price over three days commencing with the announcement of results. |
There follow notification forms for directors/PDMRs of Mondi plc.
Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities
| Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Vivien McMenamin |
| 2 | Reason for the notification |
| a) | Position/status | CEO, South Africa |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Bonus Share Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 4,316 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 4,316 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Vivien McMenamin |
| 2 | Reason for the notification |
| a) | Position/status | CEO, South Africa |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 13,432 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 13,432 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Andrew King |
| 2 | Reason for the notification |
| a) | Position/status | Group CEO |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Bonus Share Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 64,849 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 64,849 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Andrew King |
| 2 | Reason for the notification |
| a) | Position/status | Group CEO |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 170,389 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 170,389 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Mike Powell |
| 2 | Reason for the notification |
| a) | Position/status | Group CFO |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Bonus Share Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 37,607 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 37,607 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Mike Powell |
| 2 | Reason for the notification |
| a) | Position/status | Group CFO |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 99,201 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 99,201 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Markus Gaertner |
| 2 | Reason for the notification |
| a) | Position/status | CEO, Corrugated Packaging |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Bonus Share Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 18,251 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 18,251 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Markus Gaertner |
| 2 | Reason for the notification |
| a) | Position/status | CEO, Corrugated Packaging |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 38,177 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 38,177 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Michael Hakes |
| 2 | Reason for the notification |
| a) | Position/status | Group HR Director |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Bonus Share Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 8,913 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 8,913 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Michael Hakes |
| 2 | Reason for the notification |
| a) | Position/status | Group HR Director |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 15,762 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 15,762 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Lars Mallasch |
| 2 | Reason for the notification |
| a) | Position/status | Group Technical & Sustainability Director |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Bonus Share Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 9,253 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 9,253 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Lars Mallasch |
| 2 | Reason for the notification |
| a) | Position/status | Group Technical & Sustainability Director |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 16,028 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 16,028 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Thomas Ott |
| 2 | Reason for the notification |
| a) | Position/status | CEO, Flexible Packaging and Engineered Materials |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Bonus Share Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 8,701 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 8,701 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Thomas Ott |
| 2 | Reason for the notification |
| a) | Position/status | CEO, Flexible Packaging and Engineered Materials |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 37,792 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 37,792 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Gunilla Saltin |
| 2 | Reason for the notification |
| a) | Position/status | CEO, Uncoated Fine Paper |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Bonus Share Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 18,065 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 18,065 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Gunilla Saltin |
| 2 | Reason for the notification |
| a) | Position/status | CEO, Uncoated Fine Paper |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 31,815 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 31,815 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Sara Sizer |
| 2 | Reason for the notification |
| a) | Position/status | Group Communication and Marketing Director |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Bonus Share Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 7,979 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 7,979 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
| 1 | Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person |
| a) | Name | Sara Sizer |
| 2 | Reason for the notification |
| a) | Position/status | Group Communication and Marketing Director |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi plc |
| b) | LEI | 213800LOZA69QFDC9N34 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of €0.20 each GB00B1CRLC47 |
| b) | Nature of the transaction | Grant of shares as options under the Mondi plc Long Term Incentive Plan |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | Grant | Nil | 17,218 | | | | | | |
|
| d) | Aggregated information - Aggregated volume - Price | 17,218 Nil |
| e) | Date of transaction | 2022-03-10 |
| f) | Place of the transaction | Outside trading venue – off market |
Related Shares:
Mondi
