To view the PDF file, sign up for a MySharenet subscription.

SAPPI LIMITED - Dealing in securities by directors of listed companies

Release Date: 18/12/2014 16:10
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

(“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          :   G T Pearce

Company                  :   Sappi Limited

Date of transaction      :   15 December 2014

Nature of transaction    :   Purchase of shares using 30% of after tax proceeds of
                             2014 annual bonus

Number of shares         :   3 681
purchased

Average purchase         :   R38.73 (high R39.44; low R38.35)
price per share

Total value              :   R142 565.13

Class of security        :   Ordinary shares

Extent of interest       :   Direct beneficial




                                           Page 1 of 2
Director’s name           :   M van Hoven

Company                   :   Sappi Southern Africa / Sappi North America

Date of transaction       :   17 December 2014

Nature of transaction     :   Purchase of shares using 30% of after tax proceeds of
                              2014 annual bonus

Number of shares          :   5 689
purchased

Average purchase          :   R38.50 (high R39.83; low R37.66)
price per share

Total value               :   R219 026.50

Class of security         :   Ordinary shares

Extent of interest        :   Direct beneficial



Director’s name           :   B J Wiersum

Company                   :   Sappi Europe

Date of transaction       :   17 December 2014

Nature of transaction     :   Purchase of shares using 30% of after tax proceeds of
                              2014 annual bonus

Number of shares          :   20 983
purchased

Average purchase          :   R39.3541 (high R39.83; low R37.66)
price per share

Total value               :   R825 767.08

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
Sponsor: UBS South Africa (Pty) Ltd


                                      
Date: 18/12/2014 04:10:00 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.

Share This Story