| Wed 5 Aug 2009, 8:02 | | MND/MNP - Mondi - Board Changes |
|
MND MNP
MND MNP
MND/MNP - Mondi - Board Changes
Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000097051
Mondi plc
(Incorporated in England and Wales)
(Registration number: 6209386)
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 JSE listings
requirements and/or the Disclosure and Transparency and Listing Rules of the
United Kingdom Listing Authority.
5 August 2009
Board Changes
The Boards of Mondi Limited and Mondi plc announce that further to their
announcement on 10 July, Sir John Parker will be succeeded as Joint Chairman
by David Williams with immediate effect.
David Williams has been the senior independent director and chairman of the
DLC Audit Committee since joining the Boards of Mondi Limited and Mondi plc in
May 2007.
Anne Quinn, an independent non-executive director and chair of the DLC
Remuneration Committee, who also joined the Boards of Mondi Limited and Mondi
plc in May 2007, will succeed David Williams as senior independent director.
The DLC Nominations Committee has commenced the process of seeking an
additional independent non-executive director able to succeed David Williams
as chairman of the DLC Audit Committee.
Cyril Ramaphosa, Joint Chairman, said "It has been a pleasure to work together
with Sir John as Joint Chairmen of Mondi, guiding the Group through its
transition to an independently listed enterprise and helping to develop its
strategic direction during the last two years. I look forward to working more
closely with David who is a worthy successor and will help provide stability
and continuity for the Group during the current difficult economic
environment."
Contact details:
Mondi Group
Lora Rossler Tel: +27 (0)31 451 2040 / +27 (0)83 627 0292
Head of Corporate Affairs
About Mondi Group
Mondi is an international paper and packaging group and in 2008 had revenues
of Euro6.3 billion. Its key operations and interests are in Western Europe,
emerging Europe, Russia and South Africa.
The Group is principally involved in the manufacture of packaging paper and
converted packaging products; uncoated fine paper; and speciality products and
processes, including coatings and consumer flexibles.
Mondi is fully integrated across the paper and packaging process, the growing
of wood and manufacture of pulp (including recycled materials) and paper to
the converting of packaging papers into corrugated packaging and industrial
bags.
Mondi has production operations across 35 countries and had an average of
33,400 employees in 2008. www.mondigroup.com
Sponsor: UBS South Africa (Pty) Ltd
Date: 05/08/2009 08:02:26 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.
