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MONDI LIMITED - Mondi Group signs an agreement to acquire NPP in Egypt

Release Date: 30/04/2018 08:00
Code(s): MND MNP     PDF:  
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Mondi Group signs an agreement to acquire NPP in Egypt

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)
LEI: 213800LOZA69QFDC9N34
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI


30 April 2018


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


Mondi Group signs an agreement to acquire NPP in Egypt

Mondi has signed an agreement to acquire 100% of the outstanding shares in National Company for Paper
Products and Import & Export S.A.E (“NPP” or the “Company”), for a total consideration of EGP510 million
(€23.7 million) on a debt and cash free-basis.

NPP is a privately owned industrial bags producer, operating one plant in Giza near Cairo (Egypt) serving
mostly regional customers. For the year ended 31 December 2017, the Company generated revenues of
EGP577 million (€29 million) and adjusted EBITDA of EGP107 million (€5 million).

Mondi is the leading industrial bags producer in the Middle East, operating four plants in the region.
Commenting on the acquisition, Erik Bouts, CEO Fibre Packaging, Mondi Group, said: “The acquisition of
NPP complements our network of plants in the growing Middle East region and provides us with a leading
position in Egypt to grow our business and better serve our customers”.

The transaction is subject to customary closing conditions and is expected to complete during the first half
of 2018.

Contact details:

 Mondi Group

 Andrew King                                          +44 193 282 6321
 Group CFO

 Clara Valera                                         +44 193 282 6357
 Group Head of Strategy and Investor Relations

 Kerry Cooper                                         +44 193 282 6323
 Senior Manager – External Communication
About Mondi

Mondi is a global leader in packaging and paper, employing around 26,000 people in over 30 countries. We
are fully integrated across the packaging and paper value chain - from managing forests and producing pulp,
paper and plastic films, to developing and manufacturing effective industrial and consumer packaging
solutions. Sustainability is embedded in everything we do, with clearly defined commitments across 10
action areas. We delight our customers with our innovative and sustainable packaging and paper solutions.
Our major operations are in central Europe, Russia, North America and South Africa. In 2017, Mondi had
revenues of €7.1 billion and a return on capital employed of 19.7%.
Mondi has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under
the ticker MND and a premium listing on the London Stock Exchange for Mondi plc, under the ticker MNDI.
We are a FTSE 100 constituent, and 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 Proprietary Limited.

Date: 30/04/2018 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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