Mondi : Notification of transactions of directors and persons discharging managerial responsibilities (PDMRS)

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

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

On 10 March 2022, in line with normal timetable, directors/PDMRs of Mondi plc received Mondi plc ordinary shares of €0.20 each following the vesting of conditional awards under the Mondi plc Bonus Share Plan (BSP) and the Mondi plc Long Term Incentive Plan (LTIP). Following vesting some of the shares were sold to cover tax liabilities.

In addition, on 10 March 2022, a director of Mondi plc received Mondi plc ordinary shares of €0.20 each following the vesting and exercise of a nil-cost option under the Mondi plc LTIP. The vesting and exercise of the LTIP nil-cost option includes additional shares received in lieu of dividends, which are subject to tax. Following vesting and exercise, some of the shares were sold to cover tax liabilities. The retained shares were subsequently transferred to the director's spouse for nil cost.

Details of the vesting, exercise, sale and transfer of the shares are set out in the below notification forms.

This announcement is made in accordance with the requirements of Article 19(3) of the UK Market Abuse Regulation.

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

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 /		Initial notification
	Amendment
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		Ordinary shares of €0.20 each
	financial instrument,
	type of instrument
	Identification code		GB00B1CRLC47
b)	Nature of the		(1) Acquisition of shares as a result of the vesting of
	transaction		a Mondi plc Bonus Share Plan award; and (2)
			subsequent sale of shares
c)	Price(s) and volume(s)		Transaction(s)		Price(s)		Volume(s)
			(1) Acquisition		Nil		4,849
			(2) Sale		ZAR		2,196
					280.326156
d)	Aggregated information
	- Aggregated volume	(1) 4,849
		(2) 2,196
	- Price		(1) Nil
			(2) ZAR 280.326156
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 /		Initial notification
	Amendment
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		Ordinary shares of €0.20 each
	financial instrument,
	type of instrument
	Identification code		GB00B1CRLC47
b)	Nature of the		(1) Acquisition of shares as a result of the vesting of
	transaction		a Mondi plc Long Term Incentive Plan award; and
			(2) subsequent sale of shares
c)	Price(s) and volume(s)		Transaction(s)		Price(s)		Volume(s)
			(1) Acquisition		Nil		4,348
			(2) Sale		ZAR		1,968
					280.326156
d)	Aggregated information
	- Aggregated volume	(1) 4,348
		(2) 1,968
	- Price		(1) Nil
			(2) ZAR 280.326156
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 /		Initial notification
	Amendment
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		Ordinary shares of €0.20 each
	financial instrument,
	type of instrument
	Identification code		GB00B1CRLC47
b)	Nature of the		(1) Acquisition of shares as a result of the vesting of
	transaction		a Mondi plc Bonus Share Plan award; and (2)
			subsequent sale of shares
c)	Price(s) and volume(s)		Transaction(s)		Price(s)	Volume(s)
			(1) Acquisition		Nil	19,619
			(2) Sale		GBP 14.074411	9,373
d)	Aggregated information
	- Aggregated volume	(1) 19,619
		(2) 9,373
	- Price
			(1) Nil
			(2) GBP 14.074411
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 /		Initial notification
	Amendment
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		Ordinary shares of €0.20 each
	financial instrument,
	type of instrument
	Identification code		GB00B1CRLC47
b)	Nature of the		(1) Acquisition of shares as a result of the vesting of
	transaction		a Mondi plc Long Term Incentive Plan award; and
			(2) subsequent sale of shares
c)	Price(s) and volume(s)		Transaction(s)		Price(s)	Volume(s)
			(1) Acquisition		Nil	26,758
			(2) Sale		GBP 14.074411	12,785
d)	Aggregated information
	- Aggregated volume	(1) 26,758
		(2) 12,785
	- Price		(1) Nil
			(2) GBP 14.074411
e)	Date of transaction	2022-03-10
f)	Place of the transaction		Outside trading venue - off market