| Tue 24 Apr 2012, 17:10 | | MND/MNP - Mondi Limited/Mondi plc - Mondi Group - 2011 Final Dividend |
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MND MNP
MND MNP
MND/MNP - Mondi Limited/Mondi plc - Mondi Group - 2011 Final Dividend
euro/sterling Exchange Rate
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)
(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 Listings Requirements of
the JSE and/or the Disclosure and Transparency and Listing Rules of the United
Kingdom Listing Authority.
Mondi Group - 2011 Final Dividend euro/sterling Exchange Rate
Mondi announced on 23 February 2012 that Mondi Limited and Mondi plc will,
subject to shareholder approval at the AGMs, pay their respective dividends on
10 May 2012 as follows:
Mondi Limited
Mondi Limited will pay its dividend in South African rand cents. The applicable
exchange rate is EUR 1 to ZAR 10.2189.
Therefore, the equivalent final dividend in rand cents per ordinary share will
be 181.38548 gross (154.17766 rand cents per ordinary share net of dividend tax
unless a shareholder qualifies for an exemption, as confirmed in the
announcement released by Mondi on 23 April 2012).
Mondi plc
Mondi plc will pay its dividend in euro (17.75 euro cents per ordinary share).
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 was 13 April 2012. It was
stated in the announcement on 23 February that the exchange rate for this
payment would be set today. Accordingly, it is confirmed that sterling dividend
payments will be converted at a rate of EUR 1 to GBP 0.81583. Therefore, the
equivalent final dividend in pence per ordinary share will be 14.48098.
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 10.2189.
Therefore, the equivalent final dividend in rand cents per ordinary share will
be 181.38548 gross (154.17766 rand cents per ordinary share net of dividend tax
unless a shareholder qualifies for an exemption, as confirmed in the
announcement released by Mondi on 23 April 2012).
24 April 2012
Sponsor: UBS South Africa (Pty) Ltd
Date: 24/04/2012 17:10:01 Produced by the JSE SENS Department.
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