To view the PDF file, sign up for a MySharenet subscription.

MONDI LIMITED - 2015 Final Dividend euro/sterling Exchange Rate

Release Date: 03/05/2016 13:00
Code(s): MND MNP     PDF:  
Wrap Text
2015 Final Dividend euro/sterling Exchange Rate

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 and/or the Disclosure and Transparency and Listing Rules of the United
Kingdom Listing Authority.


3 May 2016

Mondi Group – 2015 Final Dividend euro/sterling Exchange Rate

Mondi announced on 25 February 2016 that Mondi Limited and Mondi plc will,
subject to shareholder approval at the AGMs, pay their respective dividends on
19 May 2016 as follows:

Mondi Limited

Mondi Limited will pay its dividend in South African rand cents. The applicable
exchange rate is EUR 1 to ZAR 17.29284.

Therefore, the equivalent gross final dividend in rand cents per ordinary share
will be 650.55664.

Mondi plc

Mondi plc will pay its dividend in euro (37.62 euro cents per ordinary share).

However, ordinary shareholders resident in the United Kingdom will receive the
dividend in sterling (unless shareholders have elected to receive their dividend in
euro). The last date for euro currency elections was 22 April 2016. It was stated
in the announcement on 25 February that the exchange rate for this payment
would be set today. Accordingly, it is confirmed that sterling dividend payments
will be converted at a rate of EUR 1 to GBP 0.78810. Therefore, the equivalent
final dividend in pence per ordinary share will be 29.64832.
Mondi plc South African branch register shareholders will receive the dividend in
South African rand cents, converted at a rate of EUR 1 to ZAR 17.29284.
Therefore, the equivalent gross final dividend in rand cents per ordinary share
will be 650.55664.

Information relating to the dividend tax applicable to Mondi Limited shareholders
and Mondi plc South African branch register shareholders can be found in the
ZAR/euro exchange rate announcement released by Mondi on 25 February
2016.




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

Date: 03/05/2016 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story