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SAPPI LIMITED - Dealing in Securities by Directors of Listed Companies

Release Date: 05/06/2014 11:30
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

05 June 2014


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            : 04 June 2014

    Nature of transaction          : Sale of some shares arising from vesting of
                                     Performance Share Plan as per SENS announcement
                                     of 11 December 2013

    Number of rights               : 7,888
    exercised/shares sold

    Selling price per share        : R38.7019

    Total value                    : R305 280.59


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

05 June 2014

Sponsor : UBS South Africa (Pty) Ltd




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Date: 05/06/2014 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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