Director/PDMR Shareholding

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)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
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, the respective company secretaries and 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 Guidance 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 the Disclosure Guidance and Transparency Rules we advise of the following:

8 March 2019

TRANSACTIONS IN MONDI LIMITED ORDINARY SHARES OF NO PAR VALUE AND MONDI plc ORDINARY SHARES OF €0.20 EACH

On 7 March 2019, a grant of conditional awards became unconditional and acquisitions and sales of shares took place as a result of the vesting of Mondi Limited and Mondi plc Bonus Share Plan and Long Term Incentive Plan awards.

For the purposes of the JSE Listings Requirements, clearance was obtained prior to the below dealings in securities and the total value of each transaction is summarised below:

Name	Position	Award	Total number of shares awarded	Total number of shares vesting	Total value of shares vesting
Andrew King	Director	Mondi Limited Bonus Share Plan	6,744	6,744	ZAR 2,297,235.37
Andrew King	Director	Mondi Limited Long Term Incentive Plan	19,032	14,579	ZAR 4,966,102.37
Vivien McMenamin	PDMR	Mondi Limited Bonus Share Plan	3,511	3,511	ZAR 1,195,965.80
Vivien McMenamin	PDMR	Mondi Limited Long Term Incentive Plan	3,240	2,482	ZAR 845,453.47
Philip Laubscher	Company Secretary, Mondi Limited	Mondi Limited Bonus Share Plan	3,094	3,094	ZAR 1,053,921.44
Philip Laubscher	Company Secretary, Mondi Limited	Mondi Limited Long Term Incentive Plan	7,522	5,762	ZAR 1,962,732.83
Peter Oswald	Director	Mondi plc Bonus Share Plan	30,258	30,258	GBP 541,941.90
Peter Oswald	Director	Mondi plc Long Term Incentive Plan	86,073	65,932	GBP 1,180,888.14
Andrew King	Director	Mondi plc Bonus Share Plan	15,599	15,599	GBP 279,388.98
Andrew King	Director	Mondi plc Long Term Incentive Plan	44,022	33,721	GBP 603,966.65
John Lindahl	PDMR	Mondi plc Bonus Share Plan	13,649	13,649	GBP 244,463.12
John Lindahl	PDMR	Mondi plc Long Term Incentive Plan	31,119	23,838	GBP 426,955.22
Peter Orisich	PDMR	Mondi plc Bonus Share Plan	10,640	10,640	GBP 190,569.83
Peter Orisich	PDMR	Mondi plc Long Term Incentive Plan	21,622	16,563	GBP 296,654.89

There follow notification forms for each of the above directors/PDMRs of Mondi Limited and Mondi plc. In addition, in order to satisfy the Listings Requirements of the JSE, notification forms for the Company Secretary of Mondi Limited are also included.

Sponsor in South Africa: UBS South Africa (Pty) Ltd

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 CFO
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mondi Limited
b)	LEI	N/A
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 financial instrument, type of instrument Identification code	Ordinary shares of no par value ZAE000156550
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of a Mondi Limited 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 6,744 (2) Sale ZAR 340.633951 6,744
d)	Aggregated information - Aggregated volume - Price	(1) 6,744 (2) 6,744 (1) Nil (2) ZAR 340.633951
e)	Date of transaction	2019-03-07
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 CFO
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mondi Limited
b)	LEI	N/A
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 financial instrument, type of instrument Identification code	Ordinary shares of no par value ZAE000156550
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of a Mondi Limited 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 14,579 (2) Sale ZAR 340.633951 14,579
d)	Aggregated information - Aggregated volume - Price	(1) 14,579 (2) 14,579 (1) Nil (2) ZAR 340.633951
e)	Date of transaction	2019-03-07
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 / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mondi Limited
b)	LEI	N/A
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 financial instrument, type of instrument Identification code	Ordinary shares of no par value ZAE000156550
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of a Mondi Limited 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 3,511 (2) Sale ZAR 340.633951 3,511
d)	Aggregated information - Aggregated volume - Price	(1) 3,511 (2) 3,511 (1) Nil (2) ZAR 340.633951
e)	Date of transaction	2019-03-07
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 / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mondi Limited
b)	LEI	N/A
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 financial instrument, type of instrument Identification code	Ordinary shares of no par value ZAE000156550
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of a Mondi Limited 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 2,482 (2) Sale ZAR 340.633951 2,482
d)	Aggregated information - Aggregated volume - Price	(1) 2,482 (2) 2,482 (1) Nil (2) ZAR 340.633951
e)	Date of transaction	2019-03-07
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	Philip Laubscher
2	Reason for the notification
a)	Position/status	Company Secretary, Mondi Limited
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mondi Limited
b)	LEI	N/A
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 financial instrument, type of instrument Identification code	Ordinary shares of no par value ZAE000156550
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of a Mondi Limited 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 3,094 (2) Sale ZAR 340.633951 3,094
d)	Aggregated information - Aggregated volume - Price	(1) 3,094 (2) 3,094 (1) Nil (2) ZAR 340.633951
e)	Date of transaction	2019-03-07
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	Philip Laubscher
2	Reason for the notification
a)	Position/status	Company Secretary, Mondi Limited
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mondi Limited
b)	LEI	N/A
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 financial instrument, type of instrument Identification code	Ordinary shares of no par value ZAE000156550
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of a Mondi Limited 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 5,762 (2) Sale ZAR 340.633951 5,762
d)	Aggregated information - Aggregated volume - Price	(1) 5,762 (2) 5,762 (1) Nil (2) ZAR 340.633951
e)	Date of transaction	2019-03-07
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	Peter Oswald
2	Reason for the notification
a)	Position/status	Group CEO
b)	Initial notification / Amendment	Initial notification
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 financial instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of 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 30,258 (2) Sale GBP 17.910698 16,131
d)	Aggregated information - Aggregated volume - Price	(1) 30,258 (2) 16,131 (1) Nil (2) GBP 17.910698
e)	Date of transaction	2019-03-07
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	Peter Oswald
2	Reason for the notification
a)	Position/status	Group CEO
b)	Initial notification / Amendment	Initial notification
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 financial instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of 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 65,932 (2) Sale GBP 17.910698 65,932
d)	Aggregated information - Aggregated volume - Price	(1) 65,932 (2) 65,932 (1) Nil (2) GBP 17.910698
e)	Date of transaction	2019-03-07
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 CFO
b)	Initial notification / Amendment	Initial notification
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 financial instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of 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 15,599 (2) Sale GBP 17.910698 7,629
d)	Aggregated information - Aggregated volume - Price	(1) 15,599 (2) 7,629 (1) Nil (2) GBP 17.910698
e)	Date of transaction	2019-03-07
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 CFO
b)	Initial notification / Amendment	Initial notification
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 financial instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of 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 33,721 (2) Sale GBP 17.910698 33,721
d)	Aggregated information - Aggregated volume - Price	(1) 33,721 (2) 33,721 (1) Nil (2) GBP 17.910698
e)	Date of transaction	2019-03-07
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	John Lindahl
2	Reason for the notification
a)	Position/status	Group Technical and Sustainability Director
b)	Initial notification / Amendment	Initial notification
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 financial instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of 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 13,649 (2) Sale GBP 17.910698 13,649
d)	Aggregated information - Aggregated volume - Price	(1) 13,649 (2) 13,649 (1) Nil (2) GBP 17.910698
e)	Date of transaction	2019-03-07
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	John Lindahl
2	Reason for the notification
a)	Position/status	Group Technical and Sustainability Director
b)	Initial notification / Amendment	Initial notification
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 financial instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of 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 23,838 (2) Sale GBP 17.910698 23,838
d)	Aggregated information - Aggregated volume - Price	(1) 23,838 (2) 23,838 (1) Nil (2) GBP 17.910698
e)	Date of transaction	2019-03-07
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	Peter Orisich
2	Reason for the notification
a)	Position/status	CEO, Uncoated Fine Paper
b)	Initial notification / Amendment	Initial notification
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 financial instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of 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 10,640 (2) Sale GBP 17.910698 10,640
d)	Aggregated information - Aggregated volume - Price	(1) 10,640 (2) 10,640 (1) Nil (2) GBP 17.910698
e)	Date of transaction	2019-03-07
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	Peter Orisich
2	Reason for the notification
a)	Position/status	CEO, Uncoated Fine Paper
b)	Initial notification / Amendment	Initial notification
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 financial instrument, type of instrument Identification code	Ordinary shares of €0.20 each GB00B1CRLC47
b)	Nature of the transaction	(1) Acquisition of shares as a result of the vesting of 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 16,563 (2) Sale GBP 17.910698 16,563
d)	Aggregated information - Aggregated volume - Price	(1) 16,563 (2) 16,563 (1) Nil (2) GBP 17.910698
e)	Date of transaction	2019-03-07
f)	Place of the transaction	Outside trading venue – off market