(Incorporated in England and Wales)
(Registered number: 6209386)
LSE share code: MNDI ISIN: GB00B1CRLC47
JSE share code: MNP
10 December 2019
EMPLOYEE SHARE PLANS
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH
We advise that on 6 December 2019, a transaction took place in relation to the Mondi Share Incentive Plan (“SIP”) on behalf of a director of Mondi plc.
The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs under which UK employees are able to buy Ordinary shares in Mondi plc (“Mondi Shares”) using monthly deductions from salary and to receive allocations of free matching Mondi Shares (“Matching Shares”).
There follows a notification form for a director of Mondi plc. The price given for the nil consideration Matching Shares reflects the market value on the day of purchase.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
|1||Details of the person discharging managerial responsibilities / person closely associated|
|2||Reason for the notification|
|b)||Initial notification/Amendment||Initial notification|
|3||Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor|
|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
|Ordinary shares of €0.20 each
|b)||Nature of the transaction||Acquisition of partnership and free matching shares via Share Incentive Plan. Half of the shares acquired were acquired for nil consideration.|
|c)||Price(s) and volume(s)||
- Aggregated volume
|e)||Date of transaction||2019-12-06|
|f)||Place of the transaction||London Stock Exchange XLON|