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MONDI LIMITED - Conclusion of tender for statutory audit

Release Date: 08/10/2015 14:30
Code(s): MND MNP     PDF:  
Wrap Text
Conclusion of tender for statutory audit

Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000156550

Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
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 and Transparency and Listing Rules of the United Kingdom Listing Authority.


8 October 2015

CONCLUSION OF TENDER FOR STATUTORY AUDIT

The Mondi Group is pleased to announce that it has concluded the formal tender
process for its statutory audit contract. Mondi’s current auditors, Deloitte & Touche and
Deloitte LLP (together “Deloitte”), will carry out the audit of the accounts for the year
ending 31 December 2016. Following completion of this audit, PricewaterhouseCoopers
LLP will be appointed as Mondi Limited and Mondi plc’s statutory auditor, subject to
approval by shareholders at the annual general meetings in May 2017. The decision to
appoint PricewaterhouseCoopers LLP was taken following a formal recommendation by
Mondi Group’s audit committee to the Mondi Group boards.

The proposed timing means that Deloitte’s resignation as auditor will coincide with the
end of the UK audit partner’s tenure and will allow Mondi Group to ensure that
PricewaterhouseCoopers LLP is fully independent ahead of its appointment as auditor.

John Nicholas, chairman of the Mondi Group’s audit committee, said “We would like to
thank Deloitte for their significant contribution as auditors to the Mondi Group since its
demerger from Anglo American plc in 2007 and prior to that as part of the Anglo
American Group.”

Contact details:

Mondi Group
Andrew King            Tel: +27 11 994 5415
Chief Financial Officer

Lora Rossler      Tel: +27 31 451 2111
Group Head of Communications
About Mondi Group

We are Mondi: In touch every day

Mondi is an international packaging and paper Group, employing around 25,000 people
across more than 30 countries. Our key operations are located in central Europe,
Russia, North America and South Africa. We offer over 100 packaging and paper
products, customised into more than 100,000 different solutions for customers and end
consumers. In 2014, Mondi had revenues of €6.4 billion and a return on capital
employed of 17.2%.

The Mondi Group is fully integrated across the packaging and paper value chain - from
managing forests and producing pulp, paper and compound plastics, to developing
effective and innovative industrial and consumer packaging solutions. Our innovative
technologies and products can be found in a variety of applications including hygiene
components, stand-up pouches, super-strong cement bags, clever retail boxes and
office paper. Our key customers are in industries such as automotive; building and
construction; chemicals; food and beverage; home and personal care; medical and
pharmaceutical; packaging and paper converting; pet care; and office and professional
printing.

Mondi has a dual listed company structure, with a primary listing on the JSE Limited for
Mondi Limited under the ticker code MND and a premium listing on the London Stock
Exchange for Mondi plc, under the ticker code MNDI.

For us, sustainable development makes good business sense. We don’t just talk about
sustainability; we make it part of the way we work every day. We have been included in
the FTSE4Good Index Series since 2008 and the JSE's Socially Responsible Investment
(SRI) Index since 2007.


Sponsor in South Africa: UBS South Africa (Pty) Ltd

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