1st Jul 2014 08:00
MONDI PLC - Further re acquisition of Graphic PackagingMONDI PLC - Further re acquisition of Graphic Packaging
PR Newswire
London, July 1
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' or `Mondi') notify both the JSE Limited and the LondonStock Exchange of matters required to be disclosed under the ListingsRequirements of the JSE Limited and/or the Disclosure and Transparency andListing Rules of the United Kingdom Listing Authority. 1 July 2014 Mondi Group completes the acquisition of the industrial bags and kraft paperbusiness of Graphic Packaging International, Inc. in the US Further to the announcement made on 3 June 2014, Mondi Group confirms that allconditions have been satisfied and it has completed the acquisition of the bagsand kraft paper business of Graphic Packaging International Inc., a whollyowned subsidiary of Graphic Packaging Holding Company, for a totalconsideration of USD105 million on a debt- and cash-free basis. /ends Contact: Mondi GroupLora RosslerGroup Corporate Affairs ManagerTel: +27 (0)83 627 0292E-mail: [email protected] Andrew KingGroup CFOTel: +27 (0)11 994 5415E-mail: [email protected] FTI ConsultingRichard Mountain+44 7909 684 466 Sophie McMillan+44 20 3727 1359 About Mondi: Mondi is an international packaging and paper Group, employing around 24,000people in production facilities across 31 countries. In 2013, Mondi hadrevenues of EUR6.5 billion and a ROCE of 15.3%. The Group's key operations arelocated in central Europe, Russia, the Americas and South Africa. The Mondi Group is fully integrated across the packaging and paper value chain- from the management of its own forests and the production of pulp and paper(packaging paper and uncoated fine paper), to the conversion of packaging paperinto corrugated packaging, industrial bags, extrusion coatings and releaseliner. Mondi is also a supplier of innovative consumer packaging solutions,advanced films and hygiene products components. Mondi has a dual listed company structure, with a primary listing on the JSELimited for Mondi Limited under the ticker code MND and a premium listing onthe London Stock Exchange for Mondi plc, under the ticker code MNDI. TheGroup's performance, and the responsible approach it takes to good businesspractice, has been recognised by its inclusion in the FTSE4Good Global,European and UK Index Series (since 2008) and the JSE's Socially ResponsibleInvestment (SRI) Index since 2007. Sponsor in South Africa: UBS South Africa (Pty) Ltd
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