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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’)
11 December 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. Clearance for the dealing was received in terms of Listings
Requirement 3.66, as follows:
Director’s name : G T Pearce
Company : Sappi Ltd
Date of transaction : 10 December 2015
Nature of transaction : Purchase of shares (on market) using after tax
proceeds of portion of 2015 annual bonus
Number of shares purchased : 3 231 shares
Purchase price per share : R60.65
Total value : R195 960.15
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : G T Pearce
Company : Sappi Ltd
Date of transaction : 10 December 2015
Nature of transaction : Exercise of rights to shares (off market) in
terms of the Sappi Limited Share Option
Scheme
Number of shares : 6600 shares
Purchase price/option strike : R52.57
price
Total value : R346 962.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : G R Bowles
Company (Subsidiary) : Sappi Southern Africa
Date of transaction : 10 December 2015
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 2
December 2015
Number of rights : 24 200 shares
exercised/shares sold
Average selling price per share : R60.2106 (high R60.24;low R60.21)
Total value : R1 457 096.52
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : G R Bowles
Company (Subsidiary) : Sappi Southern Africa
Date of transaction : 10 December 2015
Nature of transaction : Exercise of rights to shares (off market) in terms
of the Sappi Limited Share Option Scheme
Number of rights : 7700 shares
exercised/shares sold
Purchase price/option strike : R52.57
price
Total value : R404 789.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : M Gardner
Company (Subsidiary) : Sappi North America / Sappi Papier Holding
Date of transaction : 10 December 2015
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 2
December 2015
Number of rights : 52 500 shares
exercised/shares sold
Average selling price per share : R60.1132 (high R60.30;low R60.60)
Total value : R3 155 943.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Company Secretary’s name : S Manchester
Company (Subsidiary) : Sappi North America
Date of transaction : 10 December 2015
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 2
December 2015
Number of rights : 20 000 shares
exercised/shares sold
Average selling price per share : R60.2150 (high R60.25; low R60.21)
Total value : R1 204 300.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Director’s name : P B McGrady
Company (Subsidiary) : Sappi Southern Africa
Date of transaction : 10 December 2015
Nature of transaction : Sale of shares (on market) arising from vesting of
conditional share awards as per SENS
announcement issued by Sappi Ltd on 2
December 2015
Number of rights : 12 500 shares
exercised/shares sold
Average selling price per share : R63.00
Total value : R787 500.00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Sponsor: UBS South Africa (Pty) Ltd
Date: 11/12/2015 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
