29th Aug 2014 13:29
MONDI PLC - 2014 Interim Dividend euro/sterling Exchange RateMONDI PLC - 2014 Interim Dividend euro/sterling Exchange Rate
PR Newswire
London, August 29
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: 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 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. 29 August 2014 Mondi Group - 2014 Interim Dividend euro/sterling Exchange Rate Mondi announced on 7 August 2014 that Mondi Limited and Mondi plc will paytheir respective dividends on 16 September 2014 as follows: Mondi Limited Mondi Limited will pay its dividend in South African rand cents. The applicableexchange rate is EUR 1 to ZAR 14.35650. Therefore, the equivalent gross interim dividend in rand cents per ordinaryshare will be 189.93650. Mondi plc Mondi plc will pay its dividend in euro (13.23 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 22 August2014. It was stated in the announcement on 7 August 2014 that the exchange ratefor this payment would be set today. Accordingly, it is confirmed that sterlingdividend payments will be converted at a rate of EUR 1 to GBP 0.79390.Therefore, the equivalent interim dividend in pence per ordinary share will be10.50330. Mondi plc South African branch register shareholders will receive the dividendin South African rand cents, converted at a rate of EUR 1 to ZAR 14.35650.Therefore, the equivalent gross interim dividend in rand cents per ordinaryshare will be 189.93650. 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 7 August2014.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
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