Mondi plc Directors Acquire Shares via Employee Share Plan

Strategic Insights -

Mondi plc, a global leader in packaging and paper, has announced that its directors, Andrew King and Mike Powell, have acquired shares through the company's Share Incentive Plan (SIP). The plan allows UK employees to purchase Mondi plc ordinary shares using monthly salary deductions and receive free matching shares. The transactions took place on June 6, 2025, with the directors acquiring a total of 52 shares at a price of £12.16395.

Key Takeaways:

  • Mondi plc directors Andrew King and Mike Powell acquired shares through the company's Share Incentive Plan (SIP) on June 6, 2025.
  • The SIP is an all-employee trust arrangement approved by UK HM Revenue and Customs, allowing UK employees to buy Mondi plc ordinary shares using monthly deductions from salary.
  • The directors acquired a total of 52 shares, with 26 shares acquired for nil consideration and 26 shares acquired at a price of £12.16395.
  • The shares were purchased via the London Stock Exchange (XLON) on June 6, 2025.
  • The price given for the nil consideration matching shares reflects the market value on the day of purchase.
  • The sponsor in South Africa is Merrill Lynch South Africa (Pty) Ltd t/s BofA Securities.

Statistics:

  • Total shares acquired by directors: 52
  • Price of acquired shares: £12.16395
  • Date of transaction: June 6, 2025
  • Place of transaction: London Stock Exchange (XLON)
  • Total number of shares acquired for nil consideration: 26
  • Total number of shares acquired at a price: 26

Sources:

  • Johannesburg Stock Exchange - Company Announcement
  • Mondi plc - Employee Share Incentive Plan (SIP) documents