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
20 February 2025
Mondi
Group - 2024 Final Dividend ZAR/euro Exchange Rate
On
20 February 2025 Mondi Group
announced, in its Preliminary Results announcement, that a proposed
final dividend for the year ended 31
December 2024 of 46.67 euro cents
per ordinary share will be paid on Friday 16
May 2025 to all Mondi plc ordinary shareholders on either
the UK main register or the South African branch register on Friday
4 April 2025.
The final
dividend is subject to the approval of shareholders at the annual
general meeting scheduled for Thursday 8 May
2025.
Mondi plc
will pay its dividend in euro. However, ordinary shareholders
resident in the United Kingdom
will receive the final dividend in sterling (unless shareholders
have elected to receive their dividend in euro). The last date for
euro currency elections will be Tuesday 22
April 2025. The euro/sterling exchange rate for this payment
will be set on Thursday 24 April
2025.
Shareholders
holding their shares on the South African branch register will
receive the final dividend in South African rand cents, converted
on Thursday 20 February 2025 at a
rate of EUR 1 to ZAR 19.31475. Therefore, the equivalent gross
final dividend in rand cents per ordinary share will be
901.41938.
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 final dividend of 721.13550 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 final
dividend will be paid from income reserves.
Mondi plc
had a total of 441,412,530 ordinary shares in issue of which
191,613,336 were held on the branch register, excluding treasury
shares, at the final dividend recommendation date of 20 February 2025.
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 2024,
Mondi had revenues of €7.4 billion and underlying EBITDA of €1.0
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.
