Mondi PLC 2022 Interim Dividend ZAR/euro Exchange Rate

 
TIDMMNDI 
 
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. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

August 04, 2022 07:30 ET (11:30 GMT)