MONDI LIMITED - Mondi Group 2018 Interim Dividend ZAR/euro Exchange Rate

Release Date: 03/08/2018 13:17
Code(s): MND MNP
 
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Mondi Group – 2018 Interim 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.


3 August 2018

Mondi Group – 2018 Interim Dividend ZAR/euro Exchange Rate

On 3 August 2018 Mondi Group announced, in its Half-Yearly
Results announcement, that an interim dividend for the year
ending 31 December 2018 of 21.45 euro cents per ordinary
share will be paid on 14 September 2018 to all Mondi
Limited and Mondi plc ordinary shareholders on the relevant
registers on 24 August 2018.

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
15.59068.
Therefore, the equivalent gross interim dividend in rand
cents per ordinary share will be 334.42009. 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 267.53607 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 24
August 2018. The exchange rate for this payment will be set
on 31 August 2018.

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 15.59068.
Therefore, the equivalent gross interim dividend in rand
cents per ordinary share will be 334.42009. 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 267.53607 rand cents per ordinary share.

Additional Information

The interim 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 85,268,117 were held on the branch register,
excluding treasury shares, at the dividend declaration date
of 3 August 2018.



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

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