8th Mar 2019 14:30
MONDI PLC - Director/PDMR Shareholding
MONDI PLC - Director/PDMR Shareholding
PR Newswire
London, March 8
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)LEI: 213800LOZA69QFDC9N34JSE 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, the respective company secretaries and 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 Guidance 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 the Disclosure Guidance and Transparency Rules we advise of the following:
8 March 2019
TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE AND MONDI plc ORDINARY SHARES OF €0.20 EACH
On 7 March 2019, a grant of conditional awards became unconditional and acquisitions and sales of shares took place as a result of the vesting of Mondi Limited and Mondi plc Bonus Share Plan and Long Term Incentive Plan awards.
For the purposes of the JSE Listings Requirements, clearance was obtained prior to the below dealings in securities and the total value of each transaction is summarised below:
| Name | Position | Award | Total number of shares awarded | Total number of shares vesting | Total value of shares vesting |
| Andrew King | Director | Mondi Limited Bonus Share Plan | 6,744 | 6,744 | ZAR 2,297,235.37 |
| Andrew King | Director | Mondi Limited Long Term Incentive Plan | 19,032 | 14,579 | ZAR 4,966,102.37 |
| Vivien McMenamin | PDMR | Mondi Limited Bonus Share Plan | 3,511 | 3,511 | ZAR 1,195,965.80 |
| Vivien McMenamin | PDMR | Mondi Limited Long Term Incentive Plan | 3,240 | 2,482 | ZAR 845,453.47 |
| Philip Laubscher | Company Secretary, Mondi Limited | Mondi Limited Bonus Share Plan | 3,094 | 3,094 | ZAR 1,053,921.44 |
| Philip Laubscher | Company Secretary, Mondi Limited | Mondi Limited Long Term Incentive Plan | 7,522 | 5,762 | ZAR 1,962,732.83 |
| Peter Oswald | Director | Mondi plc Bonus Share Plan | 30,258 | 30,258 | GBP 541,941.90 |
| Peter Oswald | Director | Mondi plc Long Term Incentive Plan | 86,073 | 65,932 | GBP 1,180,888.14 |
| Andrew King | Director | Mondi plc Bonus Share Plan | 15,599 | 15,599 | GBP 279,388.98 |
| Andrew King | Director | Mondi plc Long Term Incentive Plan | 44,022 | 33,721 | GBP 603,966.65 |
| John Lindahl | PDMR | Mondi plc Bonus Share Plan | 13,649 | 13,649 | GBP 244,463.12 |
| John Lindahl | PDMR | Mondi plc Long Term Incentive Plan | 31,119 | 23,838 | GBP 426,955.22 |
| Peter Orisich | PDMR | Mondi plc Bonus Share Plan | 10,640 | 10,640 | GBP 190,569.83 |
| Peter Orisich | PDMR | Mondi plc Long Term Incentive Plan | 21,622 | 16,563 | GBP 296,654.89 |
There follow notification forms for each of the above directors/PDMRs of Mondi Limited and Mondi plc. In addition, in order to satisfy the Listings Requirements of the JSE, notification forms for the Company Secretary of Mondi Limited are also included.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
| 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 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 Limited |
| b) | LEI | N/A |
| 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 no par value ZAE000156550 |
| b) | Nature of the transaction | (1) Acquisition of shares as a result of the vesting of a Mondi Limited Bonus Share Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 6,744 | | (2) Sale | ZAR 340.633951 | 6,744 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 6,744 (2) 6,744 (1) Nil (2) ZAR 340.633951 |
| e) | Date of transaction | 2019-03-07 |
| 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 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 Limited |
| b) | LEI | N/A |
| 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 no par value ZAE000156550 |
| b) | Nature of the transaction | (1) Acquisition of shares as a result of the vesting of a Mondi Limited Long Term Incentive Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 14,579 | | (2) Sale | ZAR 340.633951 | 14,579 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 14,579 (2) 14,579 (1) Nil (2) ZAR 340.633951 |
| e) | Date of transaction | 2019-03-07 |
| 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 Limited |
| b) | LEI | N/A |
| 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 no par value ZAE000156550 |
| b) | Nature of the transaction | (1) Acquisition of shares as a result of the vesting of a Mondi Limited Bonus Share Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 3,511 | | (2) Sale | ZAR 340.633951 | 3,511 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 3,511 (2) 3,511 (1) Nil (2) ZAR 340.633951 |
| e) | Date of transaction | 2019-03-07 |
| 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 Limited |
| b) | LEI | N/A |
| 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 no par value ZAE000156550 |
| b) | Nature of the transaction | (1) Acquisition of shares as a result of the vesting of a Mondi Limited Long Term Incentive Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 2,482 | | (2) Sale | ZAR 340.633951 | 2,482 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 2,482 (2) 2,482 (1) Nil (2) ZAR 340.633951 |
| e) | Date of transaction | 2019-03-07 |
| 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 | Philip Laubscher |
| 2 | Reason for the notification |
| a) | Position/status | Company Secretary, Mondi Limited |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi Limited |
| b) | LEI | N/A |
| 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 no par value ZAE000156550 |
| b) | Nature of the transaction | (1) Acquisition of shares as a result of the vesting of a Mondi Limited Bonus Share Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 3,094 | | (2) Sale | ZAR 340.633951 | 3,094 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 3,094 (2) 3,094 (1) Nil (2) ZAR 340.633951 |
| e) | Date of transaction | 2019-03-07 |
| 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 | Philip Laubscher |
| 2 | Reason for the notification |
| a) | Position/status | Company Secretary, Mondi Limited |
| b) | Initial notification / Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Mondi Limited |
| b) | LEI | N/A |
| 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 no par value ZAE000156550 |
| b) | Nature of the transaction | (1) Acquisition of shares as a result of the vesting of a Mondi Limited Long Term Incentive Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 5,762 | | (2) Sale | ZAR 340.633951 | 5,762 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 5,762 (2) 5,762 (1) Nil (2) ZAR 340.633951 |
| e) | Date of transaction | 2019-03-07 |
| 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 | Peter Oswald |
| 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 | (1) Acquisition of shares as a result of the vesting of a Mondi plc Bonus Share Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 30,258 | | (2) Sale | GBP 17.910698 | 16,131 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 30,258 (2) 16,131 (1) Nil (2) GBP 17.910698 |
| e) | Date of transaction | 2019-03-07 |
| 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 | Peter Oswald |
| 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 | (1) Acquisition of shares as a result of the vesting of a Mondi plc Long Term Incentive Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 65,932 | | (2) Sale | GBP 17.910698 | 65,932 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 65,932 (2) 65,932 (1) Nil (2) GBP 17.910698 |
| e) | Date of transaction | 2019-03-07 |
| 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 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 | (1) Acquisition of shares as a result of the vesting of a Mondi plc Bonus Share Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 15,599 | | (2) Sale | GBP 17.910698 | 7,629 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 15,599 (2) 7,629 (1) Nil (2) GBP 17.910698 |
| e) | Date of transaction | 2019-03-07 |
| 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 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 | (1) Acquisition of shares as a result of the vesting of a Mondi plc Long Term Incentive Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 33,721 | | (2) Sale | GBP 17.910698 | 33,721 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 33,721 (2) 33,721 (1) Nil (2) GBP 17.910698 |
| e) | Date of transaction | 2019-03-07 |
| 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 | John Lindahl |
| 2 | Reason for the notification |
| a) | Position/status | Group Technical and 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 | (1) Acquisition of shares as a result of the vesting of a Mondi plc Bonus Share Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 13,649 | | (2) Sale | GBP 17.910698 | 13,649 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 13,649 (2) 13,649 (1) Nil (2) GBP 17.910698 |
| e) | Date of transaction | 2019-03-07 |
| 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 | John Lindahl |
| 2 | Reason for the notification |
| a) | Position/status | Group Technical and 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 | (1) Acquisition of shares as a result of the vesting of a Mondi plc Long Term Incentive Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 23,838 | | (2) Sale | GBP 17.910698 | 23,838 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 23,838 (2) 23,838 (1) Nil (2) GBP 17.910698 |
| e) | Date of transaction | 2019-03-07 |
| 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 | Peter Orisich |
| 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 | (1) Acquisition of shares as a result of the vesting of a Mondi plc Bonus Share Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 10,640 | | (2) Sale | GBP 17.910698 | 10,640 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 10,640 (2) 10,640 (1) Nil (2) GBP 17.910698 |
| e) | Date of transaction | 2019-03-07 |
| 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 | Peter Orisich |
| 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 | (1) Acquisition of shares as a result of the vesting of a Mondi plc Long Term Incentive Plan award; and (2) subsequent sale of shares |
| c) | Price(s) and volume(s) | | Transaction(s) | Price(s) | Volume(s) | | (1) Acquisition | Nil | 16,563 | | (2) Sale | GBP 17.910698 | 16,563 | | | |
|
| d) | Aggregated information - Aggregated volume - Price | (1) 16,563 (2) 16,563 (1) Nil (2) GBP 17.910698 |
| e) | Date of transaction | 2019-03-07 |
| f) | Place of the transaction | Outside trading venue – off market |
Related Shares:
Mondi
