02:50 Thu 03 Dec 2020
MONDI PLC - Director/PDMR Shareholding
(Incorporated in and )
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00B1CRLC47
JSE share code: MNPMondi plc
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH
On , an award of shares took place under the Mondi plc Long Term Incentive Plan (LTIP).
Mondi plc Long Term Incentive Plan
There follows a notification form for a director of Mondi plc.
Sponsor in : UBS South Africa (Pty) Ltd
Date of transaction Class of share Ordinary Option price Nil cost option Vesting date 69,211 shares will vest in and 39,427 shares will vest in , subject to achievement of the performance conditions. Holding Period Any shares which vest will be subject to a two year holding period from the date of vesting. Performance conditions The vesting of these awards is subject to performance against a combination of total shareholder return (TSR) and return on capital employed (ROCE) performance targets. The grant of 69,211 shares will be assessed based on performance over the three financial years to 2021, and the grant of 39,427 shares based on three financial years to 2022. The performance targets are as disclosed for these performance periods in the Company’s previous Directors’ Remuneration Reports. Additional Information These awards were approved by the Remuneration Committee, in accordance with the Company’s Remuneration Policy, to replace variable remuneration at Mike’s previous employer which was forfeited in order to join the Group. Further details will be disclosed in the Director’s Remuneration Report for the current financial year.2 December 2020 March 2022 March 2023
1 Details of the person discharging managerial responsibilities (“PDMR”) (or their person closely associated (“PCA”)) / restricted person a) Name Mike Powell 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 Ordinary shares of €0.20 each instrument, type of instrument Identification code GB00B1CRLC47 b) Nature of the transaction Grant of shares as options under the Mondi plc Long Term Incentive Plan c) Price(s) and volume(s) Transaction(s) Price(s) Volume(s) (1) Grant Nil 69,211 (2) Grant Nil 39,427 d) Aggregated information - Aggregated volume (1) 69,211 (2) 39,427 - Price (1) Nil (2) Nil e) Date of transaction 2020-12-02 f) Place of the transaction Outside trading venue – off market
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