FTSE Russell notes the simplification of the corporate structure in the Mondi group to be effected through a transaction which will combine Mondi Plc (UK, B1CRLC4, GEIS Mid Cap, FTSE 100) and Mondi Ltd (South Africa, B41LJ57, GEIS Mid Cap). Shareholders of Mondi Ltd (South Africa) will receive one share in Mondi Plc (UK), with Mondi Plc retaining its UK nationality within the FTSE indexes. Subject to shareholder approval and based on the current timetable, FTSE Russell anticipates the following treatment: Tuesday 25 June 2019: Last day of trading in Mondi Ltd. Wednesday 26 June 2019: Mondi Ltd will be deleted from all FTSE Russell Indexes (from the open). Mondi Plc will remain within its existing FTSE Russell Indexes with shares increased as per terms. FTSE Russell will issue further notices confirming the index changes in due course. |
