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MONDI PLC - Mondi Group 2016 Final Dividend ZAR/euro Exchange Rate

Release Date: 23/02/2017 16:33
Code(s): MNP MND     PDF:  
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Mondi Group – 2016 Final Dividend ZAR/euro Exchange Rate

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. To comply with the requirements
in Articles 7 and 9 of the regulatory technical standards of the Transparency
Directive (2004/109/EC), this announcement is classified as additional regulated
information required to be disclosed under the laws of a Member State.


23 February 2017

Mondi Group – 2016 Final Dividend ZAR/euro Exchange Rate

On 23 February 2017 Mondi Group announced, in its Preliminary Results
announcement, that a proposed final dividend for the year ended 31 December
2016 of 38.19 euro cents per ordinary share will be paid on 18 May 2017 to all
Mondi Limited and Mondi plc ordinary shareholders on the relevant registers on
21 April 2017. The final dividend is subject to the approval of the shareholders of
Mondi Limited and Mondi plc at the respective annual general meetings
scheduled for 11 May 2017.

Mondi Limited and Mondi plc will pay their respective dividends as follows:

Mondi Limited

Mondi Limited will pay its dividend in South African rand cents. The applicable
exchange rate is EUR 1 to ZAR 13.68707.
Therefore, the equivalent gross final dividend in rand cents per ordinary share
will be 522.70920. 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 dividend of 418.16736 rand cents per ordinary share.

Mondi plc

Mondi plc will pay its dividend in euro.

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 will be 21 April 2017. The
exchange rate for this payment will be set on 2 May 2017.

In addition, 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
13.68707. Therefore, the equivalent gross final dividend in rand cents per
ordinary share will be 522.70920. 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 dividend of 418.16736
rand cents per ordinary share.

Additional Information

The final dividend 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 99,959,050 were held on the
branch register, excluding treasury shares, at the dividend recommendation date
of 23 February 2017.


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

Date: 23/02/2017 04:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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