Mondi Limited
Incorporated in the Republic of South
Africa
Registered office: 4th Floor, No.3 Melrose Boulevard, Melrose Arch
2196, Gauteng, RSA
Registration number: 1967/013038/06
Tax registration number: 920/0017/71/4P
JSE share code: MND ISIN: ZAE000156550
Mondi plc
Incorporated in England and
Wales
Registered office: 1st Floor, Building 1, Aviator Park, Station
Road, Addlestone, Surrey KT15 2PG,
UK
Registered number: 6209386
Tax registration number: 454 12394 14454
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 (together “Mondi Group”) notify both the JSE Limited and
the London Stock Exchange of matters required to be disclosed under
the Listings Requirements of the JSE Limited and/or the Disclosure
Guidance and Transparency and Listing Rules of the United Kingdom
Listing Authority.
2 March 2018
Mondi Group – 2017 Final Ordinary and Special Dividends ZAR/euro
Exchange Rate
On 2 March 2018 Mondi Group
announced, in its Preliminary Results announcement, that a proposed
final ordinary dividend for the year ended 31 December 2017 of 42.90
euro cents per ordinary share will be paid on 25 May 2018 to all Mondi Limited and Mondi plc
ordinary shareholders on the relevant registers on 4 May 2018.
In addition, Mondi Group announced that a proposed special
dividend of 100.00 euro cents per
ordinary share will be paid on 25 May
2018 to all Mondi Limited and Mondi plc ordinary
shareholders on the relevant registers on 4
May 2018, following the same timetable as the proposed final
ordinary dividend.
The final ordinary and special dividends are subject to the
approval of the shareholders of Mondi Limited and Mondi plc at the
respective annual general meetings scheduled for 16 May 2018.
Mondi Limited and Mondi plc will pay their respective dividends
as follows:
Mondi Limited
Mondi Limited will pay its final ordinary and special dividends
in South African rand cents. The applicable exchange rate is
EUR 1 to ZAR
14.58592.
Therefore, the equivalent gross final ordinary dividend in rand
cents per ordinary share will be 625.73597 and the equivalent gross
special dividend in rand cents per ordinary share will be
1,458.59200. Dividend tax will be withheld from Mondi Limited
shareholders at a rate of 20%, unless a shareholder qualifies for
an exemption, resulting in a net final ordinary dividend of
500.58878 rand cents per ordinary
share and a net special dividend of 1,166.87360 rand cents per ordinary share.
Mondi plc
Mondi plc will pay its final ordinary and special dividends in
euro.
However, ordinary shareholders resident in the United Kingdom will receive the final ordinary
and special dividends in sterling (unless shareholders have elected
to receive their dividends in euro). The last date for euro
currency elections will be 4 May
2018. The exchange rate for this payment will be set on
8 May 2018.
In addition, Mondi plc South African branch register
shareholders will receive the final ordinary and special dividends
in South African rand cents, converted at a rate of EUR 1 to ZAR
14.58592. Therefore, the equivalent gross final ordinary
dividend in rand cents per ordinary share will be 625.73597 and the
equivalent gross special dividend in rand cents per ordinary share
will be 1,458.59200. Dividend tax will be withheld from Mondi plc
South African branch register shareholders at a rate of 20%, unless
a shareholder qualifies for an exemption, resulting in a net final
ordinary dividend of 500.58878 rand
cents per ordinary share and a net special dividend of 1,166.87360 rand cents per ordinary share.
Additional Information
The final ordinary and special dividends will be paid from
income reserves.
Mondi Limited had a total of 118,312,975 ordinary shares in
issue and Mondi plc 367,240,805 ordinary shares in issue of which
92,873,408 were held on the branch register, excluding treasury
shares, at the final ordinary and special dividend recommendation
date of 2 March 2018.
Sponsor in South Africa: UBS
South Africa (Pty) Ltd