Mondi plc (GB:MNDI) has released an update.
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Mondi plc has announced that its directors participated in the company’s Share Incentive Plan, acquiring partnership and matching shares, with half obtained at no cost. The transactions for both the Group CEO, Andrew King, and CFO, Mike Powell, were conducted on the London Stock Exchange and involved shares priced at £15.4878. This move could indicate the directors’ confidence in the company and provide a signal to investors monitoring insider activities.
For further insights into GB:MNDI stock, check out TipRanks’ Stock Analysis page.