5th May 2015 11:45
MONDI PLC - 2014 Final Dividend euro/sterling Exchange RateMONDI PLC - 2014 Final Dividend euro/sterling Exchange Rate
PR Newswire
London, May 5
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)(Registered number: 6209386)JSE share code: MNP ISIN: GB00B1CRLC47LSE 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 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. 5 May 2015 Mondi Group - 2014 Final Dividend euro/sterling Exchange Rate Mondi announced on 24 February 2015 that Mondi Limited and Mondi plc will,subject to shareholder approval at the AGMs, pay their respective dividends on21 May 2015 as follows: Mondi Limited Mondi Limited will pay its dividend in South African rand cents. The applicableexchange rate is EUR 1 to ZAR 13.18700. Therefore, the equivalent gross final dividend in rand cents per ordinary sharewill be 379.38999. Mondi plc Mondi plc will pay its dividend in euro (28.77 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 24 April 2015.It was stated in the announcement on 24 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 0.73376.Therefore, the equivalent final dividend in pence per ordinary share will be21.11028. Mondi plc South African branch register shareholders will receive the dividendin South African rand cents, converted at a rate of EUR 1 to ZAR 13.18700.Therefore, the equivalent gross final dividend in rand cents per ordinary sharewill be 379.38999. 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 24February 2015.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
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Mondi