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SAPPI LIMITED - Dealings In Securities By Directors And Company Secretary Of Listed Companies

Release Date: 03/12/2015 14:45
Code(s): SAP     PDF:  
Wrap Text
Dealings In Securities By Directors And Company Secretary 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 SECRETARY 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 J Blyth

 Company (Subsidiary)             : Sappi Papier Holding

 Date of transaction              : 2 December 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                 : 5 000 shares
 exercised/shares sold

 Average selling price per        : R61.4818 (high R60.51; low R60.50)
 share

 Total value                      : R307 409.00

 Extent of interest               : Beneficial



Company Secretary’s name         : A J Tregoning

Company (Subsidiary)             : Sappi Ltd

Date of transaction              : 2 December 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                 : 4 500 shares
exercised/shares sold

Average selling price per        : R61.4818 (high R60.56; low R60.51)
share

Total value                      : R276 668.00

Extent of interest               : Beneficial




 3 December 2015

 Sponsor : UBS South Africa (Pty) Ltd

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