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
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 and Transparency and Listing Rules of the United Kingdom Listing Authority.
25 February 2016
Mondi Group - 2015 Final Dividend ZAR/euro Exchange Rate
On 25 February 2016 Mondi Group announced, in its Preliminary Results announcement, that a proposed final dividend for the year ended 31 December 2015 of 37.62 euro cents per ordinary share will be paid on 19 May 2016 to all Mondi Limited and Mondi plc ordinary shareholders on the relevant registers on 22 April 2016. The final dividend is subject to the approval of the shareholders of Mondi Limited and Mondi plc at the respective annual general meetings scheduled for 12 May 2016.
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 17.29284.
Therefore, the equivalent gross final dividend in rand cents per ordinary share will be 650.55664. Dividend tax will be withheld from Mondi Limited shareholders at a rate of 15%, unless a shareholder qualifies for an exemption, resulting in a net dividend of 552.97314 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 22 April 2016. The exchange rate for this payment will be set on 3 May 2016.
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 17.29284. Therefore, the equivalent gross final dividend in rand cents per ordinary share will be 650.55664. Dividend tax will be withheld from Mondi plc South African branch register shareholders at a rate of 15%, unless a shareholder qualifies for an exemption, resulting in a net dividend of 552.97314 rand cents per ordinary share.
Additional Information
The final 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 115,132,209 were held on the branch register, excluding treasury shares, at the dividend recommendation date of 25 February 2016.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
