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MONDI PLC - Mondi Group and Walki Group withdraw European Commission application and terminate agreement

Release Date: 15/12/2015 13:00
Code(s): MNP MND     PDF:  
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Mondi Group and Walki Group withdraw European Commission application and terminate agreement

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


15 December 2015

As part of the dual listed company structure, Mondi Limited and Mondi plc (together “Mondi
Group” or “Mondi”) 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 Rules and Transparency Rules and/or the Listing Rules of the United Kingdom
Listing Authority.


Mondi Group and Walki Group withdraw European Commission application and
terminate agreement

Following the announcement made on 22 May 2015 that Mondi Group (Mondi) agreed to
acquire two of Walki Group’s (Walki) extrusion coatings plants located in Finland and Poland,
Mondi and Walki have been in discussions with the European Commission about ways to
alleviate concerns related to the impact on the competitive environment. However, no
workable solution suitable for all parties has been found and therefore Walki and Mondi have
decided to withdraw the application to the Commission and terminate the acquisition
agreement.

Extrusion coatings remain a core part of Mondi’s business and product portfolio and Mondi
will continue to operate its extrusion coatings business as before to the benefit of its
customers and other stakeholders.


Contact:

Mondi Group
Lora Rossler
Group Head of Communications
Tel: +27 (0)31 451 2111 or +27 (0)83 627 0292
E-mail: lora.rossler@mondigroup.co.za

Andrew King
Group CFO
Tel: +27 (0)11 994 5415
E-mail: andrew.king@mondigroup.com


About Mondi:

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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