23rd Jan 2013 10:00
MONDI PLC - Directorate ChangeMONDI PLC - Directorate Change
PR Newswire
London, January 23
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 JSE ListingsRequirements and/or the Disclosure and Transparency and Listing Rules of theUnited Kingdom Listing Authority.
23 January 2013Mondi Joint ChairmanCyril Ramaphosa, joint chairman of Mondi Limited and Mondi plc, will bestepping down at the conclusion of the Annual General Meetings on 3 May 2013.
Following his election as deputy president of South Africa's ruling AfricanNational Congress in December 2012, Cyril has reviewed his business commitmentsand has now advised Mondi that he wishes to resign from his positions as jointchairman and as a non-executive director at the Annual General Meetings ofMondi Limited and Mondi plc on 3 May 2013.
Anne Quinn, senior independent director, supported by the DLC nominationscommittee, will immediately start the process of seeking a successor to Cyril.
David Williams, joint chairman, said: `We would like to thank Cyril for hissignificant contribution to the Mondi Group. He has helped guide Mondi throughits initial years of listing and played an important role in providingconstructive counsel particularly on issues specific to the South Africanbusiness environment.'Contact details:Mondi Group David Hathorn Tel: +27 (0)11 994 5417 Chief Executive Officer Andrew King Tel: +27 (0)11 994 5415 Chief Financial Officer Lora Rossler Tel: +27 (0)11 994 5400 / +27 (0)83 627 0292 About MondiMondi is an international packaging and paper Group, with production operationsacross 29 countries and revenues of EUR5.7 billion in 2011. The Group's keyoperations are located in central Europe, Russia and South Africa and as at theend of 2011, Mondi Group employed 23,400 people.
Mondi Group is fully integrated across the paper and packaging process, fromthe growing of wood and the manufacture of pulp and paper (including recycledpaper), to the conversion of packaging paper into corrugated packaging,industrial bags and coatings.
The Group is principally involved in the manufacture of packaging paper,converted packaging products and uncoated fine paper (UFP).
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 FTSE350 Carbon Disclosure Leadership Index for the second year.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
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