21st May 2013 10:00
MONDI PLC - Directorate ChangeMONDI PLC - Directorate Change
PR Newswire
London, May 21
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.
21 May 2013
APPOINTMENT OF JOINT CHAIRMAN
The Mondi Group is pleased to announce the appointment of Tshamano MohauFrederik (`Fred') Phaswana as joint chairman with effect from 1 June 2013. Hewill replace Cyril Ramaphosa who, as announced in January, stepped down at theconclusion of the Annual General Meetings on 3 May 2013.
Fred Phaswana is chairman of Standard Bank Group and The Standard Bank of SouthAfrica. He is also chairman of the South African Institute of InternationalAffairs and non-executive director of Naspers Limited. He was formally regionalpresident of BP Africa, a non-executive director of Anglo American plc andchairman of Anglo American South Africa, Anglo Platinum, Transnet, EthosPrivate Equity, the South African Energy Association and the Advisory Board ofthe Cape Town Graduate School of Business. He is also former honorary presidentof the Cape Town Press Club.
With effect from 1 June 2013, Fred will be a member of the DLC nominationscommittee.
David Williams, Joint Chairman, commented:
`The Mondi Group Boards and I are delighted that Fred will be joining us. Hebrings extensive experience in board and senior business leadership roles andhis knowledge of the South African business environment will be of particularbenefit to Mondi.
I would also like to take this opportunity to thank Cyril for his significantcontribution to the Mondi Group. He helped guide Mondi through its initialyears of listing and played an important role in providing constructive counselparticularly on issues specific to the South African business environment. Heleaves with our very best wishes for the future.'
There are no other details that require to be disclosed in respect of theappointment of Fred Phaswana pursuant to Rule 9.6.13 of the UK Listing Rules.
Contact details:
Mondi GroupDavid Hathorn Tel: +27 11 994 5417Chief Executive Officer Kerryn Haselau Tel: +27 11 994 5412Interim Group Communications ManagerAbout Mondi Group
Mondi is an international packaging and paper Group, with production operationsacross 30 countries and revenue of €5.8 billion in 2012. The Group's keyoperations are located in central Europe, Russia and South Africa and as at theend of 2012, Mondi employed 25,700 people.
Mondi Group is fully integrated across the packaging and paper value chain,from the growing of wood and the production of pulp and paper (packaging paperand uncoated fine paper), to the conversion of packaging paper into corrugatedpackaging, industrial bags, extrusion coatings and release liner. Mondi is alsoa supplier of innovative consumer packaging solutions, advanced films andhygiene products components.
Mondi Group has a dual listed company structure, with a primary listing on theJSE Limited for Mondi Limited under the ticker code MND and a premium listingon the London Stock Exchange for Mondi plc, under the ticker code MNDI. TheGroup has been recognised for its sustainability through its inclusion in theFTSE4Good Global, European and UK Index Series (since 2008) and the JSE'sSocially Responsible Investment (SRI) Index since 2007. The Group was alsoincluded in the Carbon Disclosure Project's (CDP) FTSE 350 Carbon DisclosureLeadership Index (CDLI) for the third year and in CDP's FTSE 350 CarbonPerformance Leadership Index (CPLI) for the first time in 2012.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
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