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MNDI Mondi Plc

1,563.50
9.50 (0.61%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mondi Plc LSE:MNDI London Ordinary Share GB00BMWC6P49 ORD EUR 0.22
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  9.50 0.61% 1,563.50 1,565.00 1,566.00 1,578.50 1,524.50 1,553.00 1,878,581 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pkg Paper, Plastics Film 8.04B -153M -0.3466 -45.15 6.91B

Mondi PLC Further re acquisition of NPP

20/06/2018 4:30pm

UK Regulatory


 
TIDMMNDI 
 
Mondi Limited 
(Incorporated in the Republic of South Africa) 
(Registration number: 1967/013038/06) 
JSE share code: MND     ISIN: ZAE000156550 
 
Mondi plc 
(Incorporated in England and Wales) 
(Registered number: 6209386) 
 
LEI: 213800LOZA69QFDC9N34 
JSE share code: MNP     ISIN: GB00B1CRLC47 
LSE share code: MNDI 
 
20 June 2018 
 
As part of the dual listed company structure, Mondi Limited and Mondi plc 
(together "Mondi Group", the "Group" or "Mondi") notify both the JSE Limited 
and the London Stock Exchange of matters required to be disclosed under the 
Listings Requirements of the JSE Limited and / or the Disclosure Guidance and 
Transparency Rules and the Listing Rules of the United Kingdom Listing 
Authority. 
 
Mondi Group completes the acquisition of NPP in Egypt 
 
Further to the announcement made on 30 April 2018, Mondi confirms that all 
conditions have been satisfied and it has completed the acquisition of National 
Company for Paper Products and Import & Export S.A.E ("NPP"), for a total 
consideration of EGP510 million (EUR24 million) on a debt and cash free-basis. 
 
NPP operates an industrial bags plant in Giza near Cairo (Egypt), serving 
regional customers. The business will be integrated into Mondi's Fibre 
Packaging Business Unit, which is a leading producer of industrial bags with 
four plants in the Middle East. 
 
Commenting on the acquisition, Erik Bouts, CEO Fibre Packaging, Mondi Group, 
said: "We are excited to have completed this acquisition, which complements our 
existing network in the growing Middle East region and allows us to grow our 
business and better serve our customers." 
 
Contact details: 
 
Mondi Group 
 
Andrew King                                +44 193 282 6355 
Group CFO 
 
Clara Valera                               +44 193 282 6357 
Group Head of Strategy and Investor 
Relations 
 
Kerry Cooper                               +44 193 282 6323 
Senior Manager - External Communication 
 
About Mondi 
 
Mondi is a global leader in packaging and paper, delighting its customers and 
consumers with innovative and sustainable packaging and paper solutions. Mondi 
is fully integrated across the packaging and paper value chain - from managing 
forests and producing pulp, paper and plastic films, to developing and 
manufacturing effective industrial and consumer packaging solutions. 
Sustainability is embedded in everything Mondi does. In 2017, Mondi had 
revenues of EUR7.10 billion and underlying EBITDA of EUR1.44 billion. 
 
Mondi has a dual listed company structure, with a primary listing on the JSE 
Limited for Mondi Limited under the ticker MND, and a premium listing on the 
London Stock Exchange for Mondi plc, under the ticker MNDI. Mondi is a FTSE 100 
constituent, and has been included in the FTSE4Good Index Series since 2008 and 
the FTSE/JSE Responsible Investment Index Series since 2007. 
 
Sponsor in South Africa: UBS South Africa Proprietary Limited. 
 
 
 
END 
 

(END) Dow Jones Newswires

June 20, 2018 11:30 ET (15:30 GMT)

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