SAPPI LIMITED - Dealings In Securities By Directors Of Listed Companies

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’)


18 November 2015


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                  : T K Stanger

 Company (Subsidiary)             : Sappi Southern Africa

 Date of transaction              : 17 November 2015

 Nature of transaction            : Sale of shares (on-market) arising from exercise of
                                    rights to shares in terms of the Sappi Limited Share
                                    Option Scheme

 Number of rights                 : 33 410
 exercised/shares sold

 Dates rights granted and         : 1)   02 December 2011    : R22.90 – 12 000 rights
 price                              2)   03 December 2010    : R35.20 – 10 000 rights
                                    3)   09 December 2009    : R33.85 – 7 150 rights
                                    4)   22 December 2008    : R35.50 – 4 400 rights
                                    5)   12 December 2007    : R52.57 – 2 860 rights

 Vesting period                   : Over 4 years expiring after 8 years

 Selling price per share          : R60.96

 Total value                      : R2 036 673.60




                                       
Director’s name                  : P B McGrady

Company (Subsidiary)             : Sappi Southern Africa

Date of transaction              : 17 November 2015

Nature of transaction            : Sale of shares (on-market) arising from vesting of
                                   Performance Share Plan Conditional Share Awards

Number of rights                 : 12 500 shares
exercised/shares sold

Selling price per share          : R61.50

Total value                      : R768 750.00



Director’s name                  : B J Wiersum

Company (Subsidiary)             : Sappi Papier Holding

Date of transaction              : 17 November 2015

Nature of transaction            : Sale of shares (on-market) arising from vesting of
                                   Performance Share Plan Conditional Share Awards

Number of rights                 : 24 695 shares
exercised/shares sold

Selling price per share          : R61.06

Total value                      : R1 507 876.70



 A J Tregoning
 Group Secretary & Corporate Counsel
 Sappi Limited
 Tel +27 (0)11 407 8174; Fax +27 (0)11 339 1881
 Amanda.tregoning@Sappi.com

 Sponsor : UBS South Africa (Pty) Ltd




                                        

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