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SAPPI LIMITED - Dealing in Securities by Directors of Listed Companies

Release Date: 11/09/2014 17:34
Code(s): SAP     PDF:  
Wrap Text
Dealing 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


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 dealing was on-market and clearance for the dealing was
received in terms of Listings Requirement 3.66, as follows :


    Director’s name                : Colin Mowatt

    Company (Subsidiary)           : Sappi Southern Africa

    Date of transaction            : 10 September 2014

    Nature of transaction          : Sale of balance of shares arising from vesting of
                                     Performance Share Plan Conditional Share Awards
                                     as per SENS announcements of 11 December 2013
                                     and 5 June 2014

    Number of rights               : 10 000
    exercised/shares sold

    Selling price per share        : R45.4188

    Total value                    : R454 188


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


   11 September 2014


   Sponsor : UBS South Africa (Pty) Ltd



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