SAPPI LIMITED - Dealing In Securities By Directors Of Listed Companies

Dealing In Securities By Directors Of Listed Companies

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 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 dealings were on-market transactions and
clearances for the dealings were received in terms of Listings Requirement 3.66, as follows:


Director’s name          :   G Bowles

Company                  :   Sappi Southern Africa

Date of transaction      :   22 December 2014

Nature of transaction    :   Purchase of shares using 30% of after tax proceeds of
                             2014 annual bonus

Number of shares         :   9 540
purchased

Average purchase         :   R41.1159 (high R41.12; low R41.10)
price per share

Total value              :   R392 245.69

Class of security        :   Ordinary shares

Extent of interest       :   Direct beneficial




                                           Page 1 of 2
Director’s name           :   G Bowles

Company                   :   Sappi Southern Africa

Date of transaction       :   22 December 2014

Nature of transaction     :   Sale of shares arising from vesting of conditional share
                              awards as per SENS announcement dated 8 December
                              2014.

Number of shares sold     :   10 000

Selling price per share   :   R40.90

Total value               :   R409 000.00

Class of security         :   Ordinary shares

Extent of interest        :   Direct beneficial



Director’s name           :   A Rossi

Company                   :   Sappi Southern Africa

Date of transaction       :   19 December 2014

Nature of transaction     :   Sale of portion of shares arising from vesting of
                              conditional share awards as per SENS announcement
                              dated 8 December 2014.

Number of shares sold     :   8 940

Selling price per share   :   R40.05

Total value               :   R358 047.00

Class of security         :   Ordinary shares

Extent of interest        :   Direct beneficial

Denis O’Connor
Group Secretary
Sappi Limited
Tel +27 (0)11 407 8072
Fax +27 (0)11 339 1881
denis.oconnor@sappi.com

23 December 2014
Sponsor: UBS South Africa (Pty) Ltd


                                         
Date: 23/12/2014 11:15:00 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.