Director/PDMR Shareholding

Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI  ISIN: GB00B1CRLC47
JSE share code: MNP

14 March 2022

TRANSACTIONS IN MONDI plc ORDINARY SHARES OF €0.20 EACH

On 10 March 2022, awards of shares took place under the Mondi plc Bonus Share Plan (BSP) and Long Term Incentive Plan (LTIP).

Mondi plc Bonus Share Plan

Date of transaction	10 March 2022
Class of share	Ordinary
Option price	Nil cost option
Vesting date	After the announcement of the final results for 2024 in early 2025
Additional Information	The share award under the BSP represents half of the Executive’s total bonus as approved by the Remuneration Committee. In line with the standard methodology adopted each year, the number of shares under award is determined with reference to the average share price over three days commencing with the announcement of results.

Mondi plc Long Term Incentive Plan

Date of transaction	10 March 2022
Class of share	Ordinary
Option price	Nil cost option
Vesting date Holding Period	After the announcement of the final results for 2024 in early 2025, subject to achievement of the performance conditions For the executive directors, any shares which vest will be subject to a two year holding period from the date of vesting
Performance conditions	One half TSR and one half ROCE each measured over the 3 financial years ending 31 December 2024
Additional Information	The LTIP award is based on a percentage of the Executive’s salary as approved by the Remuneration Committee. In line with the standard methodology adopted each year, the number of shares under award is determined with reference to the average share price over three days commencing with the announcement of results.

There follow notification forms for directors/PDMRs of Mondi plc.

Sponsor in South Africa: Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities 

	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 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	Grant of shares as options under the Mondi plc Bonus Share Plan
c)	Price(s) and volume(s)	Transaction(s) Price(s) Volume(s) Grant Nil 4,316
d)	Aggregated information - Aggregated volume - Price	4,316 Nil
e)	Date of transaction	2022-03-10
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 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	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) Grant Nil 13,432
d)	Aggregated information - Aggregated volume - Price	13,432 Nil
e)	Date of transaction	2022-03-10
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 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	Grant of shares as options under the Mondi plc Bonus Share Plan
c)	Price(s) and volume(s)	Transaction(s) Price(s) Volume(s) Grant Nil 64,849
d)	Aggregated information - Aggregated volume - Price	64,849 Nil
e)	Date of transaction	2022-03-10
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 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	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) Grant Nil 170,389
d)	Aggregated information - Aggregated volume - Price	170,389 Nil
e)	Date of transaction	2022-03-10
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	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 instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	Grant of shares as options under the Mondi plc Bonus Share Plan
c)	Price(s) and volume(s)	Transaction(s) Price(s) Volume(s) Grant Nil 37,607
d)	Aggregated information - Aggregated volume - Price	37,607 Nil
e)	Date of transaction	2022-03-10
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	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 instrument, type of instrument Identification code	Ordinary shares of €0.20 each 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) Grant Nil 99,201
d)	Aggregated information - Aggregated volume - Price	99,201 Nil
e)	Date of transaction	2022-03-10
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	Markus Gaertner
2	Reason for the notification
a)	Position/status	CEO, Corrugated Packaging
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	Grant of shares as options under the Mondi plc Bonus Share Plan
c)	Price(s) and volume(s)	Transaction(s) Price(s) Volume(s) Grant Nil 18,251
d)	Aggregated information - Aggregated volume - Price	18,251 Nil
e)	Date of transaction	2022-03-10
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	Markus Gaertner
2	Reason for the notification
a)	Position/status	CEO, Corrugated Packaging
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	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) Grant Nil 38,177
d)	Aggregated information - Aggregated volume - Price	38,177 Nil
e)	Date of transaction	2022-03-10
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	Michael Hakes
2	Reason for the notification
a)	Position/status	Group HR 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	Grant of shares as options under the Mondi plc Bonus Share Plan
c)	Price(s) and volume(s)	Transaction(s) Price(s) Volume(s) Grant Nil 8,913
d)	Aggregated information - Aggregated volume - Price	8,913 Nil
e)	Date of transaction	2022-03-10
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	Michael Hakes
2	Reason for the notification
a)	Position/status	Group HR 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	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) Grant Nil 15,762
d)	Aggregated information - Aggregated volume - Price	15,762 Nil
e)	Date of transaction	2022-03-10
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	Lars Mallasch
2	Reason for the notification
a)	Position/status	Group Technical & 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	Grant of shares as options under the Mondi plc Bonus Share Plan
c)	Price(s) and volume(s)	Transaction(s) Price(s) Volume(s) Grant Nil 9,253
d)	Aggregated information - Aggregated volume - Price	9,253 Nil
e)	Date of transaction	2022-03-10
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	Lars Mallasch
2	Reason for the notification
a)	Position/status	Group Technical & 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	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) Grant Nil 16,028
d)	Aggregated information - Aggregated volume - Price	16,028 Nil
e)	Date of transaction	2022-03-10
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	Thomas Ott
2	Reason for the notification
a)	Position/status	CEO, Flexible Packaging and Engineered Materials
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	Grant of shares as options under the Mondi plc Bonus Share Plan
c)	Price(s) and volume(s)	Transaction(s) Price(s) Volume(s) Grant Nil 8,701
d)	Aggregated information - Aggregated volume - Price	8,701 Nil
e)	Date of transaction	2022-03-10
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	Thomas Ott
2	Reason for the notification
a)	Position/status	CEO, Flexible Packaging and Engineered Materials
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	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) Grant Nil 37,792
d)	Aggregated information - Aggregated volume - Price	37,792 Nil
e)	Date of transaction	2022-03-10
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	Gunilla Saltin
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	Grant of shares as options under the Mondi plc Bonus Share Plan
c)	Price(s) and volume(s)	Transaction(s) Price(s) Volume(s) Grant Nil 18,065
d)	Aggregated information - Aggregated volume - Price	18,065 Nil
e)	Date of transaction	2022-03-10
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	Gunilla Saltin
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	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) Grant Nil 31,815
d)	Aggregated information - Aggregated volume - Price	31,815 Nil
e)	Date of transaction	2022-03-10
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	Sara Sizer
2	Reason for the notification
a)	Position/status	Group Communication and Marketing 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	Grant of shares as options under the Mondi plc Bonus Share Plan
c)	Price(s) and volume(s)	Transaction(s) Price(s) Volume(s) Grant Nil 7,979
d)	Aggregated information - Aggregated volume - Price	7,979 Nil
e)	Date of transaction	2022-03-10
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	Sara Sizer
2	Reason for the notification
a)	Position/status	Group Communication and Marketing 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	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) Grant Nil 17,218
d)	Aggregated information - Aggregated volume - Price	17,218 Nil
e)	Date of transaction	2022-03-10
f)	Place of the transaction	Outside trading venue – off market