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SAPPI LIMITED - Dealings In Securities By Directors Of Listed Companies

Release Date: 04/12/2015 16:30
Code(s): SAP     PDF:  
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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’)

4 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. The dealing was on-market and clearance for the dealing was
received in terms of Listings Requirement 3.66, as follows:


 Director’s name                  : N N Maelane

 Company (Subsidiary)             : Sappi Southern Africa

 Date of transaction              : 3 December 2015

 Nature of transaction            : Sale of shares arising from vesting of conditional share
                                    awards as per SENS announcement issued by Sappi
                                    Ltd on 2 December 2015

 Number of rights                 : 26 500 shares
 exercised/shares sold

 Average selling price per        : R61.1553 (high R61.78; low R60.66)
 share

 Total value                      : R1 620 615.45

 Class of security                : Ordinary shares

 Extent of interest               : Direct beneficial


  Sponsor: UBS South Africa (Pty) Ltd




                                         
Date: 04/12/2015 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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