| Tue 13 Mar 2012, 15:45 | | MND/MNP - Mondi Limited/ Mondi plc - Transactions in Mondi Limited ordinary |
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MND MNP
MND MNP
MND/MNP - Mondi Limited/ Mondi plc - Transactions in Mondi Limited ordinary
shares of no par value
Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000156550
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 Listings Requirements of the JSE and/or the Disclosure
and Transparency Rules of the United Kingdom Listing Authority.
In accordance with Rules 3.63-3.74 of the Listings Requirements of the JSE
and/or Disclosure and Transparency Rule 3.1.4R, we advise of the following:
TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE
On 12 March 2012 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 Hathorn
Position Director
Number of shares vesting 235,661
Total value of shares vesting R16,777,279.01
Number of shares retained 50,000
Total value of shares retained R3,559,621.45
Number of shares sold 185,661 at R71.192429 per share
Total value of shares sold R13,217,657.56
Nature of interest Direct Beneficial
Name Andrew King
Position Director
Number of shares vesting 83,405
Total value of shares vesting R5,937,804.54
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 83,405 at R71.192429 per share
Total value of shares sold R5,937,804.54
Nature of interest Direct Beneficial
Name Philip Laubscher
Position Company Secretary, Mondi Limited
Number of shares vesting 46,583
Total value of shares vesting R3,316,356.92
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 46,583 at R71.192429 per share
Total value of shares sold R3,316,356.92
Nature of interest Direct Beneficial
TRANSACTIONS IN MONDI plc ORDINARY SHARES OF Euro0.20 EACH
On 12 March 2012 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 Hathorn
Position Director
Number of shares vesting 677,295
Total value of shares vesting GBP4,092,888.27
Number of shares retained 40,000
Total value of shares retained GBP241,719.68
Number of shares sold 637,295 at GBP6.042992 per share
Total value of shares sold GBP3,851,168.59
Nature of interest Direct Beneficial
Name Andrew King
Position Director
Number of shares vesting 239,706
Total value of shares vesting GBP1,448,541.44
Number of shares retained 70,000
Total value of shares retained GBP423,009.44
Number of shares sold 169,706 at GBP6.042992 per share
Total value of shares sold GBP1,025,532.00
Nature of interest Direct Beneficial
Name Peter Oswald
Position Director
Number of shares vesting 609,622
Total value of shares vesting GBP3,683,940.87
Number of shares retained 60,962
Total value of shares retained GBP368,392.88
Number of shares sold 548,660 at GBP6.042992 per share
Total value of shares sold GBP3,315,547.99
Nature of interest Direct Beneficial
Name Carol Hunt
Position Company Secretary, Mondi plc
Number of shares vesting 97,024
Total value of shares vesting GBP586,315.26
Number of shares retained Nil
Total value of shares retained Nil
Number of shares sold 97,024 at GBP6.042992 per share
Total value of shares sold GBP586,315.26
Nature of interest Direct Beneficial
Name Ron Traill
Position PDMR
Number of shares vesting 266,709
Total value of shares vesting GBP1,611,720.35
Number of shares retained 120,000
Total value of shares retained GBP725,159.04
Number of shares sold 146,709 at GBP6.042992 per share
Total value of shares sold GBP886,561.31
Nature of interest Direct Beneficial
All trades took place off market. Clearance was obtained prior to the above
dealings in securities
13 March 2012
Sponsor: UBS South Africa (Pty) Ltd.
Date: 13/03/2012 15:45:01 Produced by the JSE SENS Department.
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