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’)
13 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 : S R Binnie
Company : Sappi Limited
Date of transaction : 12 November 2015
Nature of transaction : Purchase of shares (on market) using 40% of
after tax proceeds of 2015 annual bonus
Number of shares purchased : 17 260
Purchase price per share : R59.50
Total value : R1 026 970.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : F C S Marupen
Company (Subsidiary) : Sappi Southern Africa/Sappi North America
Date of transaction : 12 November 2015
Nature of transaction : Purchase of shares (on-market) using 30% of
after tax proceeds of 2015 annual bonus
Number of shares purchased : 2 234
Purchase price per share : R59.55
Total value : R133 034.70
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : S J Blyth
Company (Subsidiary) : Sappi Papier Holding
Date of transaction : 12 November 2015
Nature of transaction : Sale of shares (on-market) arising from exercise of
rights to shares in terms of the Sappi Limited Share
Incentive Scheme
Number of rights : 13 200
exercised/shares sold
Dates rights granted and : 1) 12 December 2007 : R52.57 – 7 200 rights
price 2) 01 December 2007 : R52.57 – 6 000 rights
Vesting period : Over 4 years expiring after 8 years
Selling price per share : R59.23
Total value : R781 836.00
Director’s name : G M van Aarde
Company (Subsidiary) : Sappi Southern Africa
Date of transaction : 12 November 2015
Nature of transaction : Sale of shares (on-market) arising from exercise of
rights to shares in terms of the Sappi Limited Share
Incentive Scheme
Number of rights : 6 174 shares
exercised/shares sold
Selling price per share : R59.73
Total value : R368 773.02
Director’s name : J Pässler
Company (Subsidiary) : Sappi Papier Holding
Date of transaction : 12 November 2015
Nature of transaction : Sale of shares (on-market) arising from exercise of
rights to shares in terms of the Sappi Limited Share
Incentive Scheme
Number of rights : 36 000
exercised/shares sold
Dates rights granted and : 1) 12 December 2007 : R52.57 – 6 000 rights
price 2) 12 December 2007 : R52.57 – 5 000 rights
3) 03 December 2010 : R35.20 – 25 000 rights
Vesting period : Over 4 years expiring after 8 years
Selling price per share : R59.59
Total value : R2 145 240.00
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
Date: 13/11/2015 03:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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