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Sappi begins trading on the OTCQX
Sappi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1936/008963/06)
JSE share code: SAP
ISIN: ZAE000006284
("Sappi")
Sappi begins trading on the OTCQX
Sappi has decided to upgrade its presence for North American investors by joining the OTCQX
trading platform.
Commenting on the decision, Sappi Chief Executive Officer, Steve Binnie, said: "It is our stated
intention to diversify our shareholder base outside of South Africa. This move will provide more
visibility and assurance to North American based investors interested in a renewable resource
and bio-based company, with strong domestic US manufacturing and customers alongside
broad global coverage."
Sappi's current shareholder split is around 70% South African and 30% non-South African.
For companies listed on a qualified international exchange, streamlined market standards
enable them to utilise their home market reporting to make their information available in the
United States. To qualify for OTCQX, companies must meet high financial standards, follow
best practice corporate governance and demonstrate compliance with applicable securities
laws.
Sappi begins trading today on OTCQX under the symbol "SPPJY. Relevant information can
be found at www.otcmarkets.com .
11 June 2025
Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 11-06-2025 01:00:00
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