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LONDON - Packaging (NYSE:PKG) and paper company Mondi (LON:MNDI) plc announced Thursday that shareholders on its South African branch register will receive the 2025 interim dividend at a conversion rate of EUR 1 to ZAR 20.67954.
The company’s interim dividend of 23.33 euro cents per ordinary share will be paid on September 26, 2025, to shareholders registered on either the UK main register or the South African branch register as of August 22, 2025.
For shareholders on the South African branch register, this translates to 482.45367 rand cents per ordinary share. South African tax resident shareholders will be subject to a 20% withholding tax, resulting in a net dividend of 385.96294 rand cents per share, unless they qualify for an exemption.
Shareholders in the United Kingdom (TADAWUL:4280) will receive their dividends in sterling unless they elect to receive payment in euro by September 8, 2025. The sterling exchange rate will be set on September 12, 2025.
The interim dividend will be paid from income reserves, according to the company statement. At the declaration date, Mondi had 441,412,530 ordinary shares in issue, with 187,619,074 held on the South African branch register, excluding treasury shares.
Mondi, which operates in more than 30 countries with 24,000 employees, reported revenues of €7.4 billion and underlying EBITDA of €1.0 billion in 2024. The company is listed on the London Stock Exchange (LON:LSEG) as a FTSE100 constituent and has a secondary listing on the JSE Limited.
The information is based on a press release issued by Mondi plc.
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