30th Apr 2013 15:15
MONDI PLC - 2012 Final Dividend euro/sterling Exchange RateMONDI PLC - 2012 Final Dividend euro/sterling Exchange Rate
PR Newswire
London, April 30
As part of the dual listed company structure, Mondi Limited and Mondi plc(together "Mondi Group") notify both the JSE Limited and the London StockExchange of matters required to be disclosed under the Listings Requirements ofthe JSE and/or the Disclosure and Transparency and Listing Rules of the UnitedKingdom Listing Authority.
30 April 2013
Mondi Group - 2012 Final Dividend euro/sterling Exchange Rate
Mondi announced on 21 February 2013 that Mondi Limited and Mondi plc will,subject to shareholder approval at the AGMs, pay their respective dividends on16 May 2013 as follows:
Mondi Limited
Mondi Limited will pay its dividend in South African rand cents. The applicableexchange rate is EUR 1 to ZAR 11.788811.
Therefore, the equivalent gross final dividend in rand cents per ordinary sharewill be 225.16629.
Mondi plc
Mondi plc will pay its dividend in euro (19.1 euro cents per ordinary share).
However, ordinary shareholders resident in the United Kingdom will receive thedividend in sterling (unless shareholders have elected to receive theirdividend in euro). The last date for euro currency elections was 19 April 2013.It was stated in the announcement on 21 February that the exchange rate forthis payment would be set today. Accordingly, it is confirmed that sterlingdividend payments will be converted at a rate of EUR 1 to GBP 0.84291.Therefore, the equivalent interim dividend in pence per ordinary share will be16.09958.
Mondi plc South African branch register shareholders will receive the dividendin South African rand cents, converted at a rate of EUR 1 to ZAR 11.788811.Therefore, the equivalent gross final dividend in rand cents per ordinary sharewill be 225.16629.
Information relating to the dividend tax applicable to Mondi Limitedshareholders and Mondi plc South African branch register shareholders can befound in the ZAR/euro exchange rate announcement released by Mondi on 21February 2013.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
Related Shares:
Mondi