Mondi Plc has announced the details of its special dividend payment, as outlined in the circular published on December 19, 2023. The special dividend of 160 euro cents per ordinary share will be paid on February 13, 2024, to all Mondi ordinary shareholders on either the UK main register or the South African branch register. Shareholders in the UK will receive the dividend in sterling, converted at a rate of EUR 1 to GBP 0.85298, resulting in a special dividend of 136.4768 pence per ordinary share.
Shareholders on the South African branch register will receive the special dividend in South African rand cents, converted at a rate of EUR 1 to ZAR 20.26652, resulting in a gross special dividend of 3,242.64320 rand cents per ordinary share. The company has also provided information on the dividend tax applicable to shareholders on the South African branch register in the ZAR/euro exchange rate announcement released on December 19, 2023.
Mondi, a global leader in packaging and paper, is committed to creating sustainable solutions and has a business integrated across the value chain. In 2022, the company had revenues of 8.9 billion and underlying EBITDA of 1.8 billion from continuing operations, employing 22,000 people worldwide. Mondi is listed on the London Stock Exchange (MNDI) and the JSE Limited (MNP), with a focus on circular driven solutions and sustainability at the core of its strategy.