BusinessCompany NewsMondi FD splashes out £130,000 on shares

Mondi FD splashes out £130,000 on shares

30,000 shares bought at 433.5p

Share transaction disclosures have revealed that Paul Hollingworth, the
finance director at paper supplier Mondi,
spent more than £130,000 to buy shares in the company.

Hollingworth bought 30,000 shares at 433.5p adding to the 50,000 shares he
bought at 425.5p each on 1 August. The latest purchase takes his total holdings
to 80,000 shares.

Mondi a multinational paper and packaging business which was spun out of
Anglo American in July 2007, has
its main operations are in Western Europe, Russia and South Africa. It is dual
listed as Mondi plc in London, and as Mondi ltd, on the
Johannesburg Stock Exchange.

Further reading:

Hedge fund activity faces tax crackdown

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