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MONDI LIMITED - Mondi Group 2018 Final Ordinary Dividend ZAR/Euro Exchange Rate

Release Date: 28/02/2019 16:30
Code(s): MND MNP     PDF:  
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Mondi Group – 2018 Final Ordinary 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.


28 February 2019

Mondi Group – 2018 Final Ordinary Dividend ZAR/Euro Exchange Rate

On 28 February 2019 Mondi Group announced, in its Preliminary Results
announcement, that a proposed final ordinary dividend for the year ended 31
December 2018 of 54.55 euro cents per ordinary share will be paid on 16 May
2019 to all Mondi Limited and Mondi plc ordinary shareholders on the relevant
registers on 12 April 2019.

The final ordinary dividend is subject to the approval of the shareholders of
Mondi Limited and Mondi plc at the respective annual general meetings
scheduled for 9 May 2019.

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

Mondi Limited

Mondi Limited will pay its final ordinary dividend in South African rand cents. The
applicable exchange rate is EUR 1 to ZAR 15.90343.
Therefore, the equivalent gross final ordinary dividend in rand cents per ordinary
share will be 867.53211. 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 694.02569 rand cents per ordinary
share.

Mondi plc

Mondi plc will pay its final ordinary dividend in euro.

However, ordinary shareholders resident in the United Kingdom will receive the
final ordinary dividend in sterling (unless shareholders have elected to receive
their dividends in euro). The last date for euro currency elections will be 12 April
2019. The exchange rate for this payment will be set on 30 April 2019.

In addition, Mondi plc South African branch register shareholders will receive the
final ordinary dividend in South African rand cents, converted at a rate of EUR 1
to ZAR 15.90343. Therefore, the equivalent gross final ordinary dividend in rand
cents per ordinary share will be 867.53211. 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
694.02569 rand cents per ordinary share.

Additional Information

The final ordinary 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 114,128,350 were held on the
branch register, excluding treasury shares, at the final ordinary dividend
recommendation date of 28 February 2019.


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

Date: 28/02/2019 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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