23rd Feb 2012 11:59
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 Limited and/or the Disclosure and Transparency and Listing Rules of the United Kingdom Listing Authority.
23 February 2012
Mondi Group - 2011 Final Dividend ZAR/euro Exchange Rate
On 23 February 2012 Mondi Group announced, in its Preliminary Results announcement, that a proposed final dividend for the year ended 31 December 2011 of 17.75 euro cents per ordinary share will be paid on 10 May 2012 to all Mondi Limited and Mondi plc ordinary shareholders on the relevant registers on 13 April 2012. The final dividend is subject to the approval of the members of Mondi Limited and Mondi plc at the respective annual general meetings scheduled for 3 May 2012.
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 10.2189.
Therefore, the equivalent final dividend in rand cents per ordinary share will be 181.38548.
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 13 April 2012. The exchange rate for this payment will be set on 24 April 2012.
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 10.2189. Therefore, the equivalent final dividend in rand cents per ordinary share will be 181.38548.
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Mondi