15th Mar 2011 15:01
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:
15 March 2011
TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF ZAR0.20 EACH
On 14 March 2011 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 Director
Number of shares vesting 31,770
Total value of shares vesting R1,898,273.39
Number of shares retained 19,018
Total value of shares retained R1,136,335.01
Number of shares sold 12,752 at R59.7505 per share
Total value of shares sold R761,938.38
Nature of interest Direct Beneficial
Name Philip Laubscher
Position Company Secretary, Mondi Limited
Number of shares vesting 4,774
Total value of shares vesting R285,248.89
Number of shares retained 2,857
Total value of shares retained R170,707.18
Number of shares sold 1,917 at R59.7505 per share
Total value of shares sold R114,541.71
Nature of interest Direct Beneficial
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH
On 14 March 2011 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 Director
Number of shares vesting 80,320
Total value of shares vesting £444,378.43
Number of shares retained 47,322
Total value of shares retained £261,813.70
Number of shares sold 32,998 at £5.5326 per share
Total value of shares sold £182,564.73
Nature of interest Direct Beneficial
Name Andrew KingPosition Director
Number of shares vesting 32,995
Total value of shares vesting £182,548.14
Number of shares retained 22,445
Total value of shares retained £124,179.21
Number of shares sold 10,550 at £5.5326 per share
Total value of shares sold £58,368.93
Nature of interest Direct Beneficial
Name Peter OswaldPosition Director
Number of shares vesting 62,090
Total value of shares vesting £343,519.13
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 62,090 at £5.5326 per share
Total value of shares sold £343,519.13
Nature of interest Direct Beneficial
Name Carol Hunt
Position Company Secretary, Mondi plc
Number of shares vesting 10,153
Total value of shares vesting £56,172.49
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 10,153 at £5.5326 per share
Total value of shares sold £56,172.49
Nature of interest Direct Beneficial
Name Peter MachacekPosition PDMR
Number of shares vesting 38,807
Total value of shares vesting £214,703.61
Number of shares retained 19,364
Total value of shares retained £107,133.27
Number of shares sold 19,443 at £5.5326 per share
Total value of shares sold £107,570.34
Nature of interest Direct Beneficial
Name Ron TraillPosition PDMR
Number of shares vesting 12,936
Total value of shares vesting £71,569.71
Number of shares retained 7,751
Total value of shares retained £42,883.18
Number of shares sold 5,185 at £5.5326 per share
Total value of shares sold £28,686.53
Nature of interest Direct Beneficial
All trades took place on market. Clearance was obtained prior to the above dealings in securities
Sponsor: UBS South Africa (Pty) Ltd.
vendorRelated Shares:
Mondi