Mondi
plc
Incorporated
in England and Wales
Registered
number: 6209386
Tax
registration number: 454 12394 14454
LEI:
213800LOZA69QFDC9N34
LSE share
code: MNDI
ISIN:
GB00BMWC6P49
JSE share
code: MNP
01 August 2024
Mondi
Group - 2024 Interim Dividend ZAR/euro Exchange Rate
This
morning in our half-year results announcement we announced that an
interim dividend for the year ending 31
December 2024 of 23.33 euro
cents per ordinary share will be paid on Friday 27 September 2024 to all Mondi plc ordinary
shareholders on either the UK main register or the South African
branch register on Friday 23 August
2024.
Mondi plc
will pay its dividend in euro. However, ordinary shareholders
resident in the United Kingdom
will receive the dividend in sterling (unless shareholders have
elected to receive their dividend in euro). The last date for euro
currency elections will be Monday 09
September 2024. The exchange rate will be set on Friday
13 September 2024.
Shareholders
holding their shares on the South African branch register will
receive the dividend in South African rand cents, converted at a
rate of EUR 1 to ZAR 19.69500. Therefore, the equivalent gross
interim dividend in rand cents per ordinary share will be
459.48435.
For
shareholders holding their shares on the South African branch
register, the dividend will, for South African dividends tax
purposes, be taxed like local dividends.
As such,
for South African tax resident shareholders holding their shares on
the South African branch register, dividends withholding tax will
be withheld from the dividends payable to these shareholders at a
rate of 20%, unless a shareholder qualifies for an exemption,
resulting in a net dividend of 367.58748
rand cents per ordinary share. Shareholders holding their
shares on the South African branch register who are not tax
resident in South Africa are
exempted from South African dividends withholdings tax.
For the
purposes of South Africa dividends
tax reporting, the source of income for the payment of the dividend
is the United Kingdom.
Additional
Information
The
interim dividend will be paid from income reserves.
Mondi plc
had a total of 441,412,530 ordinary shares in issue of which
174,122,985 were held on the branch register, excluding treasury
shares, at the dividend declaration date of 01 August 2024.
About
Mondi
Mondi is a
global leader in packaging and paper, contributing to a better
world by producing products that are sustainable by design. We
employ 22,000 people in more than 30 countries and operate an
integrated business with expertise spanning the entire value chain,
enabling us to offer our customers a broad range of innovative
solutions for consumer and industrial end-use applications.
Sustainability is at the centre of our strategy, with our ambitious
commitments to 2030 focused on circular driven solutions, created
by empowered people, taking action on climate.
In 2023,
Mondi had revenues of €7.3 billion and underlying EBITDA of €1.2
billion. Mondi is listed on the London Stock Exchange in the ESCC
category (MNDI), where the Group is a FTSE100 constituent. It also
has a secondary listing on the JSE Limited (MNP).
Sponsor in
South Africa: Merrill Lynch South
Africa Proprietary Limited t/a BofA Securities.