| Thu 7 Jul 2011, 13:00 | | MND/MNP - Mondi Limited/Mondi plc - Transaction in Mondi Plc Ordinary Shares of |
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MND MNP
MND MNP
MND/MNP - Mondi Limited/Mondi plc - Transaction in Mondi Plc Ordinary Shares of
Euro0.20 Each
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 Listings 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 Listings Requirements and/or
Disclosure and Transparency Rule 3.1.4R, we advise of the following:
7 July 2011
TRANSACTION IN MONDI plc ORDINARY SHARES OF Euro0.20 EACH
On 5 July 2011, pursuant to the Co-Investment Plan between David Hathorn and
Mondi plc, a grant of conditional awards became unconditional and the following
acquisition and sale of shares automatically took place:
Name David Hathorn
Position Director
Number of shares vesting 538,795
Total value of shares vesting GBP3,503,245.09
Number of shares retained 312,047
Total value of shares retained GBP2,028,929.59
Number of shares sold 226,748 at GBP6.502 per share
Total value of shares sold GBP1,474,315.50
Nature of interest Direct Beneficial
Mondi plc invoked its withholding rights pursuant to the rules of the Co-
Investment Plan and automatically sold sufficient shares to cover the tax owed
by Mr Hathorn. The remaining shares have been transferred to Mr Hathorn for him
to hold.
Sponsor: UBS South Africa (Pty) Ltd.
Date: 07/07/2011 13:00:01 Produced by the JSE SENS Department.
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