13th Mar 2012 13:45
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:
13 March 2012
TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE
On 12 March 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 Long Term Incentive Plan Awards:
Name David HathornPosition DirectorNumber of shares vesting 235,661
Total value of shares vesting R16,777,279.01
Number of shares retained 50,000Total value of shares retained R3,559,621.45 Number of shares sold 185,661 at R71.192429 per shareTotal value of shares sold R13,217,657.56Nature of interest Direct Beneficial Name Andrew KingPosition DirectorNumber of shares vesting 83,405
Total value of shares vesting R5,937,804.54
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 83,405 at R71.192429 per shareTotal value of shares sold R5,937,804.54Nature of interest Direct Beneficial Name Philip LaubscherPosition Company Secretary, Mondi LimitedNumber of shares vesting 46,583
Total value of shares vesting R3,316,356.92
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 46,583 at R71.192429 per shareTotal value of shares sold R3,316,356.92Nature of interest Direct Beneficial
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH
On 12 March 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 Long Term Incentive Plan Awards:
Name David HathornPosition DirectorNumber of shares vesting 677,295Total value of shares vesting £4,092,888.27Number of shares retained 40,000
Total value of shares retained £241,719.68
Number of shares sold 637,295 at £6.042992 per shareTotal value of shares sold £3,851,168.59Nature of interest Direct Beneficial Name Andrew KingPosition DirectorNumber of shares vesting 239,706Total value of shares vesting £1,448,541.44Number of shares retained 70,000
Total value of shares retained £423,009.44
Number of shares sold 169,706 at £6.042992 per shareTotal value of shares sold £1,025,532.00Nature of interest Direct Beneficial Name Peter OswaldPosition DirectorNumber of shares vesting 609,622Total value of shares vesting £3,683,940.87Number of shares retained 60,962
Total value of shares retained £368,392.88
Number of shares sold 548,660 at £6.042992 per shareTotal value of shares sold £3,315,547.99Nature of interest Direct Beneficial Name Carol HuntPosition Company Secretary, Mondi plcNumber of shares vesting 97,024Total value of shares vesting £586,315.26Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 97,024 at £6.042992 per shareTotal value of shares sold £586,315.26Nature of interest Direct Beneficial Name Ron TraillPosition PDMRNumber of shares vesting 266,709Total value of shares vesting £1,611,720.35Number of shares retained 120,000
Total value of shares retained £725,159.04
Number of shares sold 146,709 at £6.042992 per shareTotal value of shares sold £886,561.31Nature 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