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LONDON - Mondi (LON:MNDI) plc, the global packaging and paper firm, has confirmed the exchange rates for its 2024 final dividend payment, following its initial announcement on February 20, 2025. Shareholders of the London Stock Exchange-listed company (LSE:MNDI) will receive a final dividend of 46.67 euro cents per share, to be paid on May 16, 2025, subject to shareholder approval at the Annual General Meeting.
UK-based ordinary shareholders will be paid in sterling, and the conversion rate has been set at EUR 1 to GBP 0.85558, making the dividend worth 39.92992 pence per share. This rate was determined today, as per the company’s previous statement. The deadline for shareholders to elect to receive the dividend in euros was April 22, 2025.
In addition, Mondi’s South African branch register shareholders will be paid in South African rand cents. The conversion for these payments will be at a rate of EUR 1 to ZAR 19.31475, resulting in a gross final dividend of 901.41938 rand cents per ordinary share. Details regarding the dividend tax for South African shareholders were released in the ZAR/euro exchange rate announcement on February 20, 2025.
Mondi, a FTSE100 constituent, reported revenues of €7.4 billion and an underlying EBITDA of €1.0 billion in 2024. The company is also listed on the Johannesburg Stock Exchange (JSE:MNP) and employs approximately 22,000 people across more than 30 countries. Mondi emphasizes sustainability in its operations, aiming to deliver circular-driven solutions and reduce its climate impact by 2030.
The information provided here is based on a press release statement from Mondi plc.
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