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2022 Interim Dividend ZAR/euro Exchange Rate
Mondi plc
Incorporated in England and Wales
Registered number: 6209386
Tax registration number: 454 12394 14454
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI ISIN: GB00B1CRLC47
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 2022.
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 Kingdom.
Additional Information
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.
About Mondi
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
Securities.
Date: 04-08-2022 01:30:00
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