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Mondi Plc

7th Jun 2019 18:00

RNS Number : 5880B
FTSE Russell
07 June 2019
 

 

 

 

Further to the FTSE notice released on 04 April 2019 and the below indicative timetable, FTSE Russell notes that the indicative dates associated with the transaction have been extended due to the required regulatory approvals having not yet been received. FTSE Russell will continue to monitor for an updated timetable and subsequently publish an updated notice soon thereafter.

 

Mondi Plc (UK): Merger with Mondi Ltd (South Africa)

Informative Notice - Update

07 June 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 25 June 2019:

 

Last day of trading in Mondi Ltd.

 

Wednesday 26 June 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:

Australia

+1800 653 680

Hong Kong

+852 2164 3333

Japan

+81 3 4563 6346

London

+44 (0) 20 7866 1810

New York

+1866 551 0617

 

Alternatively please visit our website at www.ftserussell.com

Terms of Use | Copyright © 2019 FTSE Russell

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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