Incorporated in England and
Registered number: 6209386
Tax registration number: 454 12394 14454
LSE share code: MNDI
JSE share code: MNP
4 August 2022
Mondi Group – 2022 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 2022 of 21.67
euro cents per ordinary share will be paid on Thursday
29 September 2022 to all Mondi plc
ordinary shareholders on either the UK main register or the South
African branch register on Friday 26 August
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 12 September 2022. The exchange rate will be set
on Friday 16 September 2022.
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 17.10848. Therefore, the
equivalent gross interim dividend in rand cents per ordinary share
will be 370.74076.
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 296.59261 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
The interim dividend will be paid from income reserves.
Mondi plc had a total of 485,553,780 ordinary shares in issue of
which 187,165,651 were held on the branch register, excluding
treasury shares, at the dividend declaration date of 4 August 2022.
Mondi is a global leader in packaging and paper, contributing to
a better world by making innovative solutions that are sustainable
by design. Our business is integrated across the value chain – from
managing forests and producing pulp, paper and films, to developing
and manufacturing sustainable consumer and industrial packaging
solutions using paper where possible, plastic when useful.
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 2021, Mondi had revenues of €7.0 billion and underlying
EBITDA of €1.2 billion from continuing operations, and employed
21,000 people worldwide. Mondi has a premium listing on the London
Stock Exchange (MNDI), where the Group is a FTSE100 constituent,
and also has a secondary listing on the JSE Limited (MNP).
Sponsor in South Africa:
Merrill Lynch South Africa Proprietary Limited t/a BofA