Mondi plc (GB:MNDI) has released an update.
Mondi plc has announced the award of ordinary shares to executives through its Bonus Share Plan and Long Term Incentive Plan, with vesting periods extending to early 2027 based on standard performance conditions. The transactions were conducted off-market on May 3, 2024, with shares granted at nil cost to various directors and senior management under predetermined service conditions. This strategic move emphasizes Mondi’s commitment to aligning executive compensation with company performance and long-term shareholder value.
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