Mondi:
Resignation of Joint Chairman
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 JSE Listings Requirements and/or the Disclosure and Transparency and Listing Rules of the United Kingdom Listing Authority.
23 January 2013
Mondi Joint Chairman
Cyril Ramaphosa, joint chairman of Mondi Limited and Mondi plc, will be stepping down at the conclusion of the Annual General Meetings on 3 May 2013.
Following his election as deputy president of South Africa's ruling African National Congress in December 2012, Cyril has reviewed his business commitments and has now advised Mondi that he wishes to resign from his positions as joint chairman and as a non-executive director at the Annual General Meetings of Mondi Limited and Mondi plc on 3 May 2013.
Anne Quinn, senior independent director, supported by the DLC nominations committee, will immediately start the process of seeking a successor to Cyril.
David Williams, joint chairman, said: ‘We would like to thank Cyril for his significant contribution to the Mondi Group. He has helped guide Mondi through its initial years of listing and played an important role in providing constructive counsel particularly on issues specific to the South African business environment.'
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Mondi is an international packaging and paper Group, with production operations across 29 countries and revenues of EUR5.7 billion in 2011. The Group's key operations are located in central Europe, Russia and South Africa and as at the end of 2011, Mondi Group employed 23,400 people.
Mondi Group is fully integrated across the paper and packaging process, from the growing of wood and the manufacture of pulp and paper (including recycled paper), to the conversion of packaging paper into corrugated packaging, industrial bags and coatings.
The Group is principally involved in the manufacture of packaging paper, converted packaging products and uncoated fine paper (UFP).
Mondi Group 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 has been recognised for its sustainability through its inclusion in the FTSE4Good Global, European and UK Index Series (since 2008) and the JSE's Socially Responsible Investment (SRI) Index since 2007. The Group was also included in the FTSE350 Carbon Disclosure Leadership Index for the second year.
Statement issued by Mondi through the JSE SENS Service, January 23 2013
Lonmin:
REGULATORY RELEASE - DIRECTORATE CHANGE
23 January 2013
Cyril Ramaphosa has informed the Board of Lonmin Plc that he will not be standing for re-election as a non-executive Director at the Company's forthcoming Annual Meeting on 31 st January 2013. Mr Ramaphosa was elected as Deputy President of South Africa's ruling African National Congress in December 2012.
Lonmin's Chairman, Roger Phillimore, thanked Cyril Ramaphosa for his commitment to Lonmin over a demanding period. "The wisdom of his contributions has been invaluable to the Company, and we will miss his measured but forceful participation in our affairs" he said. "On behalf of our shareholders, I would like to convey our very best wishes to him in his new and important role."
There are no other matters which require disclosure under the Disclosure and Transparency and Listing Rules of the London Stock Exchange or under the listing requirements of the Johannesburg Stock Exchange.
Statement issued by Lonmin through the JSE SENS service, January 23 2013
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