11th Jul 2019 17:45
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Mondi Plc (UK): Merger with Mondi Ltd (South Africa)
Informative Notice - Further Update
11 July 2019
FTSE Russell notes the simplification of the corporate structure in the Mondi group to be effected through a transaction which will combine Mondi Plc (UK, B1CRLC4, GEIS Mid Cap, FTSE 100) and Mondi Ltd (South Africa, B41LJ57, GEIS Mid Cap). Shareholders of Mondi Ltd (South Africa) will receive one share in Mondi Plc (UK), with Mondi Plc retaining its UK nationality within the FTSE indexes.
Subject to shareholder approval and based on the current timetable, FTSE Russell anticipates the following treatment:
Tuesday 23 July 2019:
Last day of trading in Mondi Ltd.
Wednesday 24 July 2019:
Mondi Ltd will be deleted from all FTSE Russell Indexes (from the open).
Mondi Plc will remain within its existing FTSE Russell Indexes with shares increased as per terms.
FTSE Russell will issue further notices confirming the index changes in due course. |
For further information please contact FTSE Russell Client Services at [email protected] or call:
Alternatively please visit our website at www.ftserussell.com Terms of Use | Copyright © 2019 FTSE Russell |
Related Shares:
Mondi