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SAPPI LIMITED - Dealing In Securities By Directors

Release Date: 19/12/2013 14:45
Code(s): SAP     PDF:  
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Dealing In Securities By Directors

Sappi Limited
Reg No 1936/008963/06
(Incorporated in the Republic of South Africa)
JSE Code SAP
ISIN code ZAE000006284

(“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           :   A Thiel

Company                   :   Sappi Southern Africa

Date of transaction       :   18 December 2013

Nature of transaction     :   Purchase of shares using 30% of after
                              tax proceeds of 2013 annual bonus

Number of shares          :   13 055
purchased

Purchase price per        :   R29.27
share

Total value               :   R382 119.85

Class of security         :   Ordinary shares

Extent of interest        :   Direct beneficial




Director’s name           :   M Gardner

Company                   :   Sappi Fine Paper North America

Date of transaction       :   18 December 2013

Nature of transaction     :   Purchase of shares using 30% of after
                              tax proceeds of 2013 Annual bonus


                                           Page 1 of 2
Number of shares          :   13 269
purchased

Purchase price per        :   R29.27
share

Total value               :   R388 383.63

Class of security         :   Ordinary shares

Extent of interest        :   Direct beneficial



Director’s name           :   B Wiersum

Company                   :   Sappi Fine Paper Europe

Date of transaction       :   17 December 2013

Nature of transaction     :   Sale of shares

Number of shares sold     :   33 000

Selling price per share   :   R29.0095

Total value               :   R957 313.50

Class of security         :   Ordinary shares

Extent of interest        :   Direct beneficial


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


19 December 2013


Sponsor: UBS South Africa (Pty) Ltd




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