Mondi plc Announces Employee Share Plans Transactions

Mondi plc, a multinational packaging company, has announced the completion of employee share plans transactions on July 7, 2025. The company's directors, Andrew King and Mike Powell, acquired partnership and free matching shares via the Share Incentive Plan. This plan allows UK employees to purchase ordinary shares in Mondi plc using monthly salary deductions and receive matching shares.

Key Takeaways:

  • Andrew King, Group CEO, acquired 24 ordinary shares of EUR0.22 each for a total consideration of £11.8579 per share.
  • Mike Powell, Group CFO, also acquired 24 ordinary shares of EUR0.22 each for a total consideration of £11.8579 per share.
  • The transactions were conducted under the Mondi Share Incentive Plan, which is approved by UK HM Revenue and Customs.
  • The free matching shares were acquired for nil consideration, with the price reflecting the market value on the day of purchase.
  • The transactions were conducted on the London Stock Exchange, with the shares traded on the XLON platform.

Statistics:

  • Total shares acquired by Andrew King: 24
  • Total shares acquired by Mike Powell: 24
  • Total consideration per share: £11.8579
  • Total number of transactions: 2 (one for each director)
  • Date of transactions: July 7, 2025
  • Place of transactions: London Stock Exchange, XLON platform

Sources:

  • Johannesburg Stock Exchange company announcement
  • Mondi plc (GB00BMWC6P49)
  • United Kingdom HM Revenue and Customs
  • Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities