MONDI LIMITED - Mondi Group completes the acquisition of NPP in Egypt

Release Date: 20/06/2018 17:30
Code(s): MND MNP
Wrap Text
Mondi Group completes the acquisition of 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

20 June 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 completes the acquisition of NPP in Egypt

Further to the announcement made on 30 April 2018, Mondi confirms that all conditions have been satisfied
and it has completed the acquisition of National Company for Paper Products and Import & Export S.A.E
(“NPP”), for a total consideration of EGP510 million (€24 million) on a debt and cash free-basis.

NPP operates an industrial bags plant in Giza near Cairo (Egypt), serving regional customers. The business
will be integrated into Mondi’s Fibre Packaging Business Unit, which is a leading producer of industrial bags
with four plants in the Middle East.

Commenting on the acquisition, Erik Bouts, CEO Fibre Packaging, Mondi Group, said: “We are excited to
have completed this acquisition, which complements our existing network in the growing Middle East region
and allows us to grow our business and better serve our customers.”

Contact details:

 Mondi Group

 Andrew King                                          +44 193 282 6355
 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, delighting its customers and consumers with innovative
and sustainable packaging and paper solutions. Mondi is 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 Mondi does. In 2017, Mondi had revenues of €7.10 billion and underlying EBITDA of €1.44 billion.
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.
Mondi is a FTSE 100 constituent, and has been included in the FTSE4Good Index Series since 2008 and
the FTSE/JSE Responsible Investment Index Series since 2007.

Sponsor in South Africa: UBS South Africa Proprietary Limited.

Date: 20/06/2018 05:30:00 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.

Email this JSE Sens Item to a Friend.

Share This Story