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' 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 and Transparency and
Listing Rules of the United Kingdom Listing Authority.
10 June 2014
Mondi Consumer Packaging International AG gives notice to redeem Euro 280
million 9 3/4% Senior Second Priority Notes due 2017
Mondi is pleased to announce that its wholly owned subsidiary Mondi Consumer
Packaging International AG (formerly known as NORDENIA International AG and,
prior to that, Nordenia Holdings GmbH) has delivered a notice of redemption to
holders of its outstanding 9 3/4% Senior Second Priority Notes due 2017. The
notice calls for redemption of all of the outstanding EUR280 million aggregate
principal amount of Notes. The redemption price of the Notes is 104.875% of
the principal amount redeemed, which amount is equal to EUR1,048.75 per
EUR1,000 principal amount, plus accrued and unpaid interest to, but not
including, the redemption date, in accordance with the provisions of the
indenture governing the Notes. The redemption date will be July 15, 2014.
The redemption will be funded from existing facilities.
Additional information concerning the terms and conditions of the redemption
are fully described in the Notice distributed to holders of the Notes.
Beneficial holders with any questions about the redemption should contact their
respective brokerage firm or financial institution.
This communication is directed only at (i) persons who are outside the United
Kingdom, (ii) persons in the United Kingdom who have professional experience in
matters related to investments and who are investment professionals within the
meaning of Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) of the United Kingdom (the
'Financial Promotion Order'); (iii) persons who fall within Articles 49(2)(a)
to (d) ('high net worth companies, unincorporated associations etc.') of the
Financial Promotion Order; and (iv) any other persons to whom this
communication may otherwise lawfully be directed (all such persons together
being referred to as 'relevant persons'). This communication must not be acted
on or relied on by other persons in the United Kingdom. Any investment or
investment activity to which this communication relates is available only to
relevant persons and will be engaged in only with relevant persons. This
communication must not be acted on or relied on by persons who are not relevant
persons.
This announcement does not constitute an offer to buy or a solicitation of an
offer to sell the Notes.
/ends
Contact:
Mondi Group
James Paterson
Group Treasurer
Tel: +44 (0)1932 826340
Email: james.paterson@mondigroup.com
Andrew King
Group CFO
Tel: +27 (0)11 994 5415
E-mail: andrew.king@mondigroup.com
About Mondi:
Mondi is an international packaging and paper Group, employing around 24,000
people in production facilities across 31 countries. In 2013, Mondi had
revenues of EUR6.5 billion and a ROCE of 15.3%. The Group's key operations are
located in central Europe, Russia, the Americas and South Africa.
The Mondi Group is fully integrated across the packaging and paper value chain
- from the management of its own forests and the production of pulp and paper
(packaging paper and uncoated fine paper), to the conversion of packaging paper
into corrugated packaging, industrial bags, extrusion coatings and release
liner. Mondi is also a supplier of innovative consumer packaging solutions,
advanced films and hygiene products components.
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. The
Group's performance, and the responsible approach it takes to good business
practice, has been recognised by its inclusion in the FTSE4Good Global,
European and UK Index Series (since 2008) and the JSE's Socially Responsible
Investment (SRI) Index since 2007.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
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