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SAPPI LIMITED - Dealings In Securities By Directors Of Listed Companies

Release Date: 14/12/2015 17:40
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’)


14 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 dealings were on-market and clearance for the dealing were
received in terms of Listings Requirement 3.66, as follows:

Director’s name                    : T S Hawkes

Company                            : Sappi Southern Africa

Date of transaction                : 11 December 2015

Nature of transaction              : Sale of shares arising from vesting of grants of
                                     conditional share awards in terms of the Sappi Ltd
                                     Performance Share Plan as per SENS announcement
                                     of 2 December 2015

Number of shares sold              : 12 000

Selling price per share            : R65.00

Total value                        : R780 000.00

Class of security                  : Ordinary shares

Extent of interest                 : Direct beneficial



Sponsor : UBS South Africa (Pty) Ltd

Date: 14/12/2015 05:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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