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)
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI
As part of the dual listed company structure, Mondi Limited and Mondi plc
(together "Mondi Group") 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 and Transparency and Listing Rules of the
United Kingdom Listing Authority.
8 October 2015
CONCLUSION OF TENDER FOR STATUTORY AUDIT
The Mondi Group is pleased to announce that it has concluded the formal tender
process for its statutory audit contract. Mondi's current auditors, Deloitte &
Touche and Deloitte LLP (together "Deloitte"), will carry out the audit of the
accounts for the year ending 31 December 2016. Following completion of this
audit, PricewaterhouseCoopers LLP will be appointed as Mondi Limited and Mondi
plc's statutory auditor, subject to approval by shareholders at the annual
general meetings in May 2017. The decision to appoint PricewaterhouseCoopers
LLP was taken following a formal recommendation by Mondi Group's audit
committee to the Mondi Group boards.
The proposed timing means that Deloitte's resignation as auditor will coincide
with the end of the UK audit partner's tenure and will allow Mondi Group to
ensure that PricewaterhouseCoopers LLP is fully independent ahead of its
appointment as auditor.
John Nicholas, chairman of the Mondi Group's audit committee, said "We would
like to thank Deloitte for their significant contribution as auditors to the
Mondi Group since its demerger from Anglo American plc in 2007 and prior to
that as part of the Anglo American Group."
Contact details:
Mondi Group
Andrew King Tel: +27 11 994 5415
Chief Financial Officer
Lora Rossler Tel: +27 31 451 2111
Group Head of Communications
About Mondi Group
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. We offer over 100
packaging and paper products, customised into more than 100,000 different
solutions for customers and end consumers. In 2014, Mondi had revenues of €6.4
billion and a return on capital employed of 17.2%.
The Mondi Group is 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. Our innovative technologies and products can be found in a variety
of applications including hygiene components, stand-up pouches, super-strong
cement bags, clever retail boxes and office paper. Our key customers are in
industries such as automotive; building and construction; chemicals; food and
beverage; home and personal care; medical and pharmaceutical; packaging and
paper converting; pet care; and office and professional printing.
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.
For us, sustainable development makes good business sense. We don't just talk
about sustainability; we make it part of the way we work every day. 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