Incorporated in the Republic of South Africa
Registration number: 1967/013038/06
JSE share code: MND ISIN: ZAE000156550
Incorporated in England and Wales
Registered number: 6209386
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI
7 September 2017
As part of the dual listed company structure, Mondi Limited and Mondi plc
(together "Mondi 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.
Upgrade of Moody's Long Term Credit Rating to Baa1, Stable Outlook
Mondi Group is pleased to announce that Moody's Investors Service has upgraded
the Group's credit rating to Baa1 from Baa2.
Referring to the improvement in the Group's credit rating, Andrew King, Mondi's
Chief Financial Officer, commented, "We are pleased to confirm that Moody's has
upgraded our credit rating in recognition of the Group's ongoing financial
strength and robust business model.'
James Paterson +44 (0)1932 826340
Andrew King +44 (0)1932 826355
Lora Rossler +27 83 627 0292
We are Mondi: IN TOUCH EVERY DAY
Mondi is an international packaging and paper Group, employing around 25,000
people across more than 30 countries. Our key operations are located in central
Europe, Russia, North America and South Africa. In 2016, Mondi had revenues of
€6.7 billion and a return on capital employed of 20.3%.
We are fully integrated across the packaging and paper value chain - from
managing forests and producing pulp, paper and compound plastics, to developing
effective and innovative industrial and consumer packaging solutions. With over
100 products customised into more than 100,000 solutions, we offer more than
you may expect. Leading brands around the world rely on our innovative
technologies and products across a variety of industries such as agriculture;
automotive; building and construction; chemicals and dangerous goods; food and
beverages; graphic and photographic; home and personal care; medical and
pharmaceutical; office and professional printing; packaging and paper
converting; pet care; retail and e-commerce; and shipping and transport.
We believe sustainable development makes good business sense. It's integral to
our responsible and profitable growth, and embedded in everything we do, every
day. We continue to look for ways to do more with less, promote the responsible
management of ecosystems, develop and inspire our people, and enhance the value
that our sustainable product solutions create.
Mondi has a dual listed company structure, with a primary listing on the JSE
Limited for Mondi Limited under the ticker code MND and a premium listing on
the London Stock Exchange for Mondi plc, under the ticker code MNDI. We have
been included in the FTSE4Good Index Series since 2008 and the JSE's Socially
Responsible Investment (SRI) Index since 2007.
Sponsor in South Africa: UBS South Africa (Pty) Ltd