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Dealings in securities by directors and company secretaries
Sappi Limited
Reg No 1936/008963/06
(Incorporated in the Republic of South Africa)
JSE Code SAP
ISIN code ZAE000006284
(“Sappi” or “the Company”)
DEALING IN SECURITIES BY DIRECTORS AND COMPANY SECRETARIES
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we hereby
provide the following information regarding dealing in securities of Sappi by directors and
company secretary of the Company and its major subsidiaries. Clearance for the dealing
was received in terms of Listings Requirement 3.66, as follows:
Director’s name : S R Binnie
Company : Sappi Ltd
Date of transaction : 06 December 2018
Nature of transaction : Sale of shares (on market) to settle tax
liability arising from vesting of conditional
share awards as per SENS announcement
issued by Sappi Ltd on 04 December 2018
Number of shares sold : 107 522 shares
Volume weighted average selling : R76.34 (high R76.77; low R75.00)
price per share
Total value : R8 208 229.40
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Page 2 of 5
Director’s name : G R Bowles
Company : Sappi Ltd
Date of transaction : 06 December 2018
Nature of transaction : Sale of shares (on market) to settle tax
liability arising from vesting of conditional
share awards as per SENS announcement
issued by Sappi Ltd on 05 December 2018
Number of shares sold : 65 000 shares
Volume weighted average selling : R76.34 (high R76.77; low R75.00)
price per share
Total value : R4 962 100.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : M Gardner
Company : Sappi North America Inc.
Date of transaction : 06 December 2018
Nature of transaction : Sale of shares (on market) to settle tax
liability arising from vesting of conditional
share awards as per SENS announcement
issued by Sappi Ltd on 04 December 2018
Number of shares sold : 46 500 shares
Volume weighted average selling : R76.34 (high R76.77; low R75.00)
price per share
Total value : R3 549 810.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Page 3 of 5
Director’s name : B Köhldorfer
Company : Sappi Papier Holding GmbH
Date of transaction : 06 December 2018
Nature of transaction : Sale of shares (on market) to settle tax liability
arising from vesting of conditional share awards
as per SENS announcement issued by Sappi
Ltd on 04 December 2018
Number of shares sold : 5 900 shares
Volume weighted average : R76.34 (high R76.77; low R75.00)
selling price per share
Total value : R450 406.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : J Pässler
Company (Subsidiary) : Sappi Papier Holding GmbH
Date of transaction : 06 December 2018
Nature of transaction : Sale of shares (on market) to settle tax
liability arising from vesting of conditional
share awards as per SENS announcement
issued by Sappi Ltd on 04 December 2018
Number of shares sold : 27 000 shares
Volume weighted average : R76.34 (high R76.77; low R75.00)
selling price per share
Total value : R2 061 180.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Page 4 of 5
Director’s name : G T Pearce
Company (Subsidiary) : Sappi Limited
Date of transaction : 06 December 2018
Nature of transaction : Sale of shares (on market) to settle tax
liability arising from vesting of conditional
share awards as per SENS announcement
issued by Sappi Ltd on 04 December 2018
Number of shares sold : 39 525 shares
Volume weighted average : R76.34 (high R76.77; low R75.00)
selling price per share
Total value : R3 017 338.50
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Company Secretary’s name : S Manchester (Company Secretary)
Company (Subsidiary) : Sappi North America Inc.
Date of transaction : 06 December 2018
Nature of transaction : Sale of shares (on market) to settle tax liability
arising from vesting of conditional share awards
as per SENS announcement issued by Sappi
Ltd on 04 December 2018
Number of shares sold : 29 000 shares
Volume weighted average : R76.34 (high R76.77; low R75.00)
selling price per share
Total value : R2 213 860.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Page 5 of 5
Director’s name : M van Hoven
Company (Subsidiary) : Sappi North America Inc.
Date of transaction : 06 December 2018
Nature of transaction : Sale of shares (on market) to settle tax liability
arising from vesting of conditional share
awards as per SENS announcement issued by
Sappi Ltd on 04 December 2018
Number of shares sold : 37 200 shares
Volume weighted average : R76.34 (high R76.77; low R75.00)
selling price per share
Total value : R2 839 848.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Johannesburg
10 December 2018
Sponsor: UBS South Africa (Pty) Ltd
Date: 10/12/2018 03:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
