Sharenet Sites 
Sharenet Sites
Dealings in securities by directors and company secretaries 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 AND COMPANY SECRETARIES 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. 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 : 7 December 2016
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 7 December 2016
Number of shares sold : 42 500 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R3 506 199.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Page 1 of 6
Director’s name : G R Bowles
Company : Sappi Southern Africa
Date of transaction : 7 December 2016
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 7
December 2016
Number of shares sold : 16 575 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R1 367 417.61
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : M Gardner
Company (Subsidiary) : Sappi North America / Sappi Papier Holding
Date of transaction : 7 December 2016
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 7
December 2016
Number of shares sold : 114 000 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R9 404 863.20
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Page 2 of 6
Director’s name : N N Maelane
Company (Subsidiary) : Sappi Southern Africa
Date of transaction : 7 December 2016
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 7
December 2016
Number of shares sold : 11 050 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R911 611.74
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : S Manchester
Company (Subsidiary) : Sappi North America (Company Secretary)
Date of transaction : 7 December 2016
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 7
December 2016
Number of shares sold : 37 000 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R3 052 455.60
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Page 3 of 6
Company Secretary’s name : W Morrow
Company (Subsidiary) : Sappi Papier Holding
Date of transaction : 7 December 2016
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 7
December 2016
Number of shares sold : 5 650 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R466 118.22
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : J Pässler
Company (Subsidiary) : Sappi Papier Holding
Date of transaction : 7 December 2016
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 7
December 2016
Number of shares sold : 24 000 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R1 979 971.20
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Page 4 of 6
Director’s name : A Rossi
Company (Subsidiary) : Sappi Southern Africa
Date of transaction : 7 December 2016
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 7
December 2016
Number of shares sold : 36 337 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R2 997 758.89
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : T Stanger
Company (Subsidiary) : Sappi Southern Africa
Date of transaction : 7 December 2016
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 7 December
2016
Number of shares sold : 7 700 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R635 240.76
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Page 5 of 6
Director’s name : A Tregoning
Company (Subsidiary) : Sappi Limited (Company Secretary)
Date of transaction : 7 December 2016
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 7
December 2016
Number of shares sold : 12 000 shares
Volume weighted average : R82.4988 (high R82.66; low R82.15)
selling price per share
Total value : R989 985.60
Class of security : Ordinary shares
Extent of interest : Direct beneficial
9 December 2016
Sponsor: UBS South Africa (Pty) Ltd
Date: 09/12/2016 10:38:00 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.
