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Demerger of Mondi Group

3rd Jul 2007 08:30

Anglo American PLC03 July 2007 News Release 3 July 2007 Anglo American plc Completion of the demerger of Mondi Group Anglo American plc ("Anglo American") and Mondi Group ("Mondi") are pleased toannounce the completion of the demerger of Mondi from Anglo American, effectiveat 12.30 a.m. (1.30 a.m. South African time) on Tuesday, 3 July 2007. Mondi isnow held by way of a dual listed company structure comprising Mondi plc ("MPLC")and Mondi ltd ("MLTD"). Ordinary shares in MPLC ("MPLC Ordinary Shares") havebeen admitted to the Official List of the Financial Services Authority and totrading on the London Stock Exchange. In addition, the JSE Limited ("JSE") hasgranted a secondary listing to MPLC by way of admission of MPLC Ordinary Sharesto the JSE. Ordinary shares in MLTD have been admitted to the JSE. Following the Court approval of the MPLC reduction of capital on Monday, 2 July2007, all MPLC and MLTD conditional trades executed on Monday, 2 July 2007 arebeing settled on a normal basis. Anglo American +44 20 7968 8888Charles Gordon Mondi +44 1932 826300Paul HollingworthMervyn Walker Goldman Sachs International +44 (0)20 7774 1000Simon DingemansDominic Lee UBS +44 (0)20 7567 8000James HartopNimesh Patel Financial DynamicsRichard Mountain +44 (0)20 7269 7121Louise Brugman +27 11 214 2415 / +27 83 504 1186 Notes to the Editors This press release has been issued by and is the sole responsibility of AngloAmerican and Mondi. Goldman Sachs International which is regulated in the United Kingdom by the FSA,UBS Limited and UBS South Africa (Proprietary) Limited are acting exclusivelyfor Anglo American plc and the Mondi Group and no one else in connection withthe proposed Demerger and Admission and will not be responsible to anyone elsefor providing the protections afforded to respective customers of Goldman SachsInternational, UBS Limited and UBS South Africa (Proprietary) Limited or forproviding advice in relation to the proposed Demerger and Admission or thecontents of this announcement. This press release does not comprise listing particulars or a prospectusrelating to Anglo American, MLTD or MPLC and does not constitute an offer orinvitation to purchase or subscribe for any securities of Anglo American, MLTDor MPLC and should not be relied on in connection with a decision to purchase orsubscribe for any such securities. This press release does not constitute arecommendation regarding the securities of Anglo American or MLTD or MPLC.This announcement does not constitute a recommendation concerning the Demerger,and should not be construed as legal, business, tax or investment advice. Thevalue of shares can go down as well as up. Past performance is not a guide tofuture performance. Shareholders should consult a professional adviser as to thesuitability of the Demerger for the individual concerned. None of the MPLC Ordinary Shares, the MLTD Ordinary Shares or the New AngloAmerican Ordinary Shares will be, or is required to be, registered under the USSecurities Act of 1933, as amended. None of the MPLC Ordinary Shares, the MLTDOrdinary Shares or the New Anglo American Ordinary Shares referred to in thisannouncement have been approved or disapproved by the US Securities and ExchangeCommission, any state securities commission in the United States or any other USregulatory authority, nor have such authorities passed upon or determined theadequacy or accuracy of this document. Any representation to the contrary is acriminal offence in the United States. Certain statements made in this announcement are forward looking statements.Such statements are based on current expectations and are subject to a number ofrisks and uncertainties that could cause actual events or results to differmaterially from any expected future events or results referred to in theseforward looking statements. The distribution of this document in jurisdictions other than the United Kingdomor the Republic of South Africa may be restricted by law and therefore personsinto whose possession this document comes should inform themselves about andobserve such restrictions. Any failure to comply with these restrictions mayconstitute a violation of the securities laws of any such jurisdiction.THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF ANOFFER TO BUY ANY SECURITY. NONE OF THE SECURITIES REFERRED TO IN THIS DOCUMENTSHALL BE SOLD, ISSUED OR TRANSFERRED IN ANY JURISDICTION IN CONTRAVENTION OFAPPLICABLE LAW. Shareholders receiving MLTD Ordinary Shares and/or MPLC Ordinary Shares do so onthe basis that they expressly acknowledge, agree and represent to Mondi thatthey receive those Mondi Ordinary Shares for their own account and not with theintention to resell or distribute those shares within Australia within 12 monthsfrom the date of their issue, unless the sale is pursuant to an offer that doesnot need disclosure in accordance with the requirements of section 708 or 708Aof the Australian Corporations Act 2001 (Cth). This document and its distribution and the offering and receiving of the MLTDOrdinary Shares and/or MPLC Ordinary Shares do not constitute an offering ofsecurities to the public in the Republic of Italy. This information is provided by RNS The company news service from the London Stock Exchange

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