Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

2011 Interim Dividend euro/sterling exchange rate

26th Aug 2011 11:45

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.

26 August 2011

Mondi Group - 2011 Interim Dividend euro/sterling Exchange Rate

Mondi announced on 28 July 2011 that Mondi Limited and Mondi plc will pay their respective dividends on 13 September 2011 as follows:

Mondi Limited

Mondi Limited will pay its dividend in South African rand cents. The applicable exchange rate is EUR 1 to ZAR 9.55089.

Therefore, the equivalent interim dividend in rand cents per ordinary share will be 78.79484.

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 was 19 August 2011. It was stated in the announcement on 28 July 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 0.88466. Therefore, the equivalent interim dividend in pence per ordinary share will be 7.29845.

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 9.55089. Therefore, the equivalent interim dividend in rand cents per ordinary share will be 78.79484.

PINX

Related Shares:

Mondi
FTSE 100 Latest
Value8,764.00
Change28.40