Mondi plc Directors Acquire Shares Through Employee Share Plan
Why we think this is neutral
The RNS contains a routine regulatory announcement regarding directors' participation in the company's employee share scheme. The transactions are small in scale and do not indicate any significant business updates or financial implications.
Key Points
- Directors Andrew King and Mike Powell acquired 24 Mondi plc ordinary shares each through the company's Share Incentive Plan
- Half of the shares were acquired for nil consideration as matching shares
- Transactions took place on 7 February 2025 on the London Stock Exchange
Summary
The retailer announces directors have acquired shares through an employee share plan, a routine regulatory update.
Mondi plc, a leading global packaging and paper company, has announced that on 7 February 2025, two of its directors, Andrew King (Group CEO) and Mike Powell (Group CFO), have acquired ordinary shares in the company through the Mondi Share Incentive Plan (SIP). The transactions involved the acquisition of partnership and free matching shares, with half of the shares acquired for nil consideration.
Key Dates
7 February 2025
General
Directors' acquisition of shares through Share Incentive Plan
Impact Score: 2
DIRECTOR DEALINGS