6th Jul 2009 15:02
Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000097051
Mondi plc
(Incorporated in England and Wales)
(Registration number: 6209386)
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI
As part of the dual listed company structure, Mondi Limited and Mondi plc notify both the JSE Limited and the London Stock Exchange of those interests (and changes to those interests) of directors of both entities and the respective company secretaries, persons discharging managerial responsibilities across the Group and, in certain instances, the directors of major subsidiaries of Mondi Limited in the securities of Mondi Limited and Mondi plc which are required to be disclosed under the JSE Listing Requirements and/or the Disclosure and Transparency Rules of the United Kingdom Listing Authority.
In accordance with Rules 3.63-3.74 of the JSE Listing Requirements and/or Disclosure and Transparency Rule 3.1.4R, we advise of the following:
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH
On 2 July 2009 a grant of conditional awards became unconditional and the following acquisitions and sales of shares automatically took place as a result of the vesting of Mondi plc Retention Share Awards:
Name Andrew KingPosition Director
Number of shares vesting 70,044
Number of shares retained 56,988
Number of shares sold 13,056 at £2.0165 per share
Nature of interest Direct Beneficial
Name Peter OswaldPosition Director
Number of shares vesting 334,139
Number of shares retained 166,734
Number of shares sold 167,405 at £2.0165 per share
Nature of interest Direct Beneficial
Name Carol Hunt
Position Company Secretary, Mondi plc
Number of shares vesting 28,018
Number of shares retained 16,507
Number of shares sold 11,511 at £2.0165 per share
Nature of interest Direct Beneficial
Name Peter MachacekPosition PDMR
Number of shares vesting 175,138
Number of shares retained 87,393
Number of shares sold 87,745 at £2.0165 per share
Nature of interest Direct Beneficial
Name Ron TraillPosition PDMR
Number of shares vesting 15,499
Number of shares retained 10,108
Number of shares sold 5,391 at £2.0165 per share
Nature of interest Direct Beneficial
Mondi Limited and Mondi plc invoked their withholding rights pursuant to the rules of the Long Term Incentive Plan under which the Retention awards were granted and automatically sold sufficient shares to cover the tax owed by each of the above individuals. The remaining shares have been transferred to the relevant individuals for them to hold.
vendorRelated Shares:
Mondi