24th Feb 2012 14:04
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)
(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 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:
TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE
On 23 February 2012 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 Bonus Share Plan Awards:
Name David HathornPosition DirectorNumber of shares vesting 38,122
Total value of shares vesting R2,662,176.29
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 38,122 at R69.833070 per shareTotal value of shares sold R2,662,176.29Nature of interest Direct Beneficial Name Andrew KingPosition DirectorNumber of shares vesting 15,741
Total value of shares vesting R1,099,242.35
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 15,741 at R69.833070 per shareTotal value of shares sold R1,099,242.35Nature of interest Direct Beneficial Name Philip LaubscherPosition Company Secretary, Mondi LimitedNumber of shares vesting 7,910
Total value of shares vesting R552,379.58
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 7,910 at R69.833070 per shareTotal value of shares sold R552,379.58Nature of interest Direct Beneficial
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH
On 23 February 2012 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 Bonus Share Plan Awards:
Name David HathornPosition DirectorNumber of shares vesting 110,393
Total value of shares vesting £641,423.73
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 110,393 at £5.810366 per shareTotal value of shares sold £641,423.73Nature of interest Direct Beneficial Name Andrew KingPosition DirectorNumber of shares vesting 45,582
Total value of shares vesting £264,848.10
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 45,582 at £5.810366 per shareTotal value of shares sold £264,848.10Nature of interest Direct BeneficialName Peter OswaldPosition DirectorNumber of shares vesting 115,923
Total value of shares vesting £673,555.05
Number of shares retained 57,961
Total value of shares retained £336,774.62
Number of shares sold 57,962 at £5.810366 per shareTotal value of shares sold £336,780.43Nature of interest Direct Beneficial Name Carol HuntPosition Company Secretary, Mondi plcNumber of shares vesting 17,907
Total value of shares vesting £104,046.22
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 17,907 at £5.810366 per shareTotal value of shares sold £104,046.22Nature of interest Direct Beneficial Name Ron TraillPosition PDMRNumber of shares vesting 66,259
Total value of shares vesting £384,989.04
Number of shares retained 39,755
Total value of shares retained £230,991.10
Number of shares sold 26,504 at £5.810366 per shareTotal value of shares sold £153,997.94Nature of interest Direct Beneficial
All trades took place off market. Clearance was obtained prior to the above dealings in securities
Sponsor: UBS South Africa (Pty) Ltd.
PINXRelated Shares:
Mondi