Wrap Text
2017 Final Ordinary and Special Dividends 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.
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
Date: 02/03/2018 03:00:00 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.
Sharenet Sites 
