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SAPPI LIMITED - Dealings in securities by directors of listed companies

Release Date: 15/02/2018 14:25
Code(s): SAP     PDF:  
Wrap Text
Dealings in securities by directors of listed companies

Sappi Limited
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284
(“Sappi” or “the Company”)


DEALINGS IN SECURITIES BY DIRECTORS OF LISTED COMPANIES


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 of
the Company and its major subsidiaries. The dealing was on-market and clearance for
the dealing was received in terms of Listings Requirement 3.66, as follows:



Director’s name                        :   B J Wiersum

Company (Subsidiary)                   :   Sappi Papier Holding

Date of transaction                    :   14 February 2018

Nature of transaction                  :   On-market sale of shares

Number of shares sold                  :   32 500

Highest price per share sold           :   R80.10

Lowest price per share sold            :   R70.90

Volume-weighted average price          :   R79.9206
of shares sold

Total value                            :   R2 597 419.50

Class of security                      :   Ordinary shares

Extent of interest                     :   Direct beneficial


Johannesburg
15 February 2018

Sponsor : UBS South Africa (Pty) Ltd

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