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SAPPI LIMITED - Dealing in Securities by Directors of Listed Companies

Release Date: 27/12/2012 11:48
Code(s): SAP     PDF:  
Wrap Text
Dealing in Securities by Directors of Listed Companies


Sappi Limited
Reg No 1936/008963/06
(Incorporated in the Republic of South Africa)
JSE Code SAP
ISIN code ZAE000006284
NYSE code SPP
(“Sappi” or “the Company”)



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 dealings were on-market transactions and
clearances for the dealings were received in terms of Listings Requirement 3.66, as follows:

Director’s Name            :     N Maelane
Company                    :     Sappi Southern Africa
Date of transaction        :     24 December 2012
Nature of transaction      :     Sale of shares
Number of Shares sold      :     1)           468
                                 2)           470
                                 3)             9
                                 4)         1,575
                                 5)           783
                                 6)           659
                                 7)           123
                                 8)           863
Selling price per share    :     1)       R30.13
                                 2)       R30.14
                                 3)       R30.19
                                 4)       R30.20
                                 5)       R30.25
                                 6)       R30.32
                                 7)       R30.33
                                 8)       R30.35



Total Value               :    R149,692.46
Class of security         :    Ordinary shares
Extent of interest        :    Direct beneficial


Sponsor: UBS South Africa (Pty) Ltd

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




                                                   
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