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
(€24 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
Group CFO |
+44 193 282 6355 |
|
|
Clara Valera
Group Head of Strategy and Investor Relations |
+44 193 282 6357 |
Kerry
Cooper
Senior Manager – External Communication |
+44 193
282 6323
|
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 €7.10 billion and underlying EBITDA of
€1.44 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.