| Wed 23 Feb 2011, 9:00 | | MND/ MNP - Mondi - Appointment of non-executive director |
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MND MNP
MND MNP
MND/ MNP - Mondi - Appointment of non-executive director
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.
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
The Mondi Group is pleased to announce the appointment of Stephen Harris as
an independent non-executive director with effect from 1 March 2011. He will
replace Colin Matthews who will be stepping down at the conclusion of the
Annual General Meetings on 5 May 2011.
Colin has been with the Mondi Group since its demerger from Anglo American
plc in 2007.
Stephen Harris is chief executive officer of Bodycote plc, a leading provider
of thermal processing services. He was formally executive director at
Spectris plc from 2003 to 2008 and at Powell Duffyn plc from 1995 to 2003.
Prior to this he held several senior positions in APV Inc in the United
States from 1984 to 1995. He was also a non-executive director of Brixton plc
between 2006 and 2009.
With effect from 1 March 2011, Stephen will be a member of the DLC audit,
nominations, remuneration and sustainable development committees and will
replace Colin Matthews as chairman of the DLC sustainable development
committee following his retirement on 5 May 2011.
David Williams, Joint Chairman, commented:
"The Mondi Group Boards are delighted that Stephen will be joining us. He
brings a strong engineering background and commercial business experience to
the Mondi Group. His knowledge of international manufacturing industries will
be of particular benefit to Mondi.
I would also like to take this opportunity to thank Colin for his important
contribution to the Boards, in particular his focus on safety and
sustainability issues as chairman of the DLC sustainable development
committee. He leaves with our very best wishes for the future."
There are no other details that require to be disclosed in respect of the
appointment of Stephen Harris pursuant to Rule 9.6.13 of the UK Listing
Rules.
Contact details:
Mondi Group
David Hathorn Tel: +27 11 994 5417
Chief Executive Officer
Lora Rossler Tel: +27 31 451 2111
Corporate Affairs Manager
About Mondi Group
Mondi is an international paper and packaging Group, with production
operations across 31 countries and revenues of Euro6.2 billion in 2010. The
Group`s key operations are located in central Europe, Russia and South Africa
and as at the end of 2010, Mondi employed 29,000 people.
Mondi is fully integrated across the paper and packaging process, from the
growing of wood and the manufacture of pulp and paper (including recycled
paper), to the conversion of packaging papers into corrugated packaging,
industrial bags and coatings.
The Group is principally involved in the manufacture of packaging paper,
converted packaging products and uncoated fine paper (UFP).
Mondi has a dual listed company structure, with a primary listing on the JSE
Limited for Mondi Limited under the ticker code MND and a premium listing on
the London Stock Exchange for Mondi plc, under the ticker code MNDI. The
Group has been recognised for its sustainability through its inclusion in the
FTSE4Good UK, Europe and Global indices in 2008, 2009 and 2010 and the JSE`s
Socially Responsible Investment (SRI) Index in 2007, 2008, 2009 and 2010.
23 February 2011
Sponsor: UBS South Africa (Pty) Ltd
Date: 23/02/2011 09:00:01 Produced by the JSE SENS Department.
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