10th Mar 2016 14:15
MONDI PLC - Director/PDMR ShareholdingMONDI PLC - Director/PDMR Shareholding
PR Newswire
London, March 10
Mondi Limited(Incorporated in the Republic of South Africa)(Registration number: 1967/013038/06)JSE share code: MND ISIN: ZAE000156550
Mondi plc(Incorporated in England and Wales)(Registered number: 6209386)JSE share code: MNP ISIN: GB00B1CRLC47LSE 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 Listings Requirements of the JSE and/or the Disclosure and Transparency Rules of the United Kingdom Listing Authority.
In accordance with Rules 3.63-3.74 of the Listings Requirements of the JSE and/or Disclosure and Transparency Rule 3.1.4R, we advise of the following:
10 March 2016
TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE
On 9 March 2016 a grant of conditional awards became unconditional and the following acquisitions and sales of shares took place as a result of the vesting of Mondi Limited Long Term Incentive Plan Awards:
| Name | David Hathorn |
| Position | Director |
| Number of shares vesting | 55,233 |
| Total value of shares vesting | R 16,169,764.53 |
| Number of shares retained | Nil |
| Total value of shares retained | Nil |
| Number of shares sold | 55,233 at R 292.7555 per share |
| Total value of shares sold | R 16,169,764.53 |
| Nature of interest | Direct Beneficial |
| Name | Andrew King |
| Position | Director |
| Number of shares vesting | 22,939 |
| Total value of shares vesting | R 6,715,518.41 |
| Number of shares retained | Nil |
| Total value of shares retained | Nil |
| Number of shares sold | 22,939 at R 292.7555 per share |
| Total value of shares sold | R 6,715,518.41 |
| Nature of interest | Direct Beneficial |
| Name | Philip Laubscher |
| Position | Company Secretary, Mondi Limited |
| Number of shares vesting | 15,302 |
| Total value of shares vesting | R 4,479,744.66 |
| Number of shares retained | Nil |
| Total value of shares retained | Nil |
| Number of shares sold | 15,302 at R 292.7555 per share |
| Total value of shares sold | R 4,479,744.66 |
| Nature of interest | Direct Beneficial |
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH
On 9 March 2016 a grant of conditional awards became unconditional and the following acquisitions and sales of shares took place as a result of the vesting of Mondi plc Long Term Incentive Plan Awards:
| Name | David Hathorn |
| Position | Director |
| Number of shares vesting | 128,740 |
| Total value of shares vesting | £1,727,034.23 |
| Number of shares retained | Nil |
| Total value of shares retained | Nil |
| Number of shares sold | 128,740 at £13.4149 per share |
| Total value of shares sold | £1,727,034.23 |
| Nature of interest | Direct Beneficial |
| Name | Andrew King |
| Position | Director |
| Number of shares vesting | 53,467 |
| Total value of shares vesting | £717,254.46 |
| Number of shares retained | Nil |
| Total value of shares retained | Nil |
| Number of shares sold | 53,467 at £13.4149 per share |
| Total value of shares sold | £717,254.46 |
| Nature of interest | Direct Beneficial |
| Name | Peter Oswald |
| Position | Director |
| Number of shares vesting | 115,276 |
| Total value of shares vesting | £1,546,416.01 |
| Number of shares retained | Nil |
| Total value of shares retained | Nil |
| Number of shares sold | 115,276 at £13.4149 per share |
| Total value of shares sold | £1,546,416.01 |
| Nature of interest | Direct Beneficial |
| Name | Carol Hunt |
| Position | Company Secretary, Mondi plc |
| Number of shares vesting | 18,614 |
| Total value of shares vesting | £249,704.95 |
| Number of shares retained | Nil |
| Total value of shares retained | Nil |
| Number of shares sold | 18,614 at £13.4149 per share |
| Total value of shares sold | £249,704.95 |
| Nature of interest | Direct Beneficial |
| Name | John Lindahl |
| Position | PDMR |
| Number of shares vesting | 43,714 |
| Total value of shares vesting | £586,418.94 |
| Number of shares retained | 23,168 |
| Total value of shares retained | £310,796.40 |
| Number of shares sold | 20,546 at £13.4149 per share |
| Total value of shares sold | £275,622.54 |
| Nature of interest | Direct Beneficial |
| Name | Ron Traill |
| Position | PDMR |
| Number of shares vesting | 48,811 |
| Total value of shares vesting | £654,794.68 |
| Number of shares retained | 28,798 |
| Total value of shares retained | £386,322.29 |
| Number of shares sold | 20,013 at £13.4149 per share |
| Total value of shares sold | £268,472.39 |
| Nature of interest | Direct Beneficial |
All trades took place off market. Clearance was obtained prior to the above dealings in securities
Sponsor in South Africa: UBS South Africa (Pty) Ltd
Related Shares:
Mondi