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SAPPI LIMITED - Dealing in securities by directors

Release Date: 31/05/2016 12:12
Code(s): SAP     PDF:  
Wrap Text
Dealing in securities by directors

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")

DEALING IN SECURITIES BY DIRECTORS

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
one of its major subsidiaries. The dealings were done on-market and clearance to deal
was received in terms of paragraph 3.66 of the Listings Requirements:

 Director's name :               Deon van Aarde
 Company:                        Sappi Southern Africa Ltd
 Date of transaction:            30 May 2016
 Nature of transaction:          Sale of shares
 Number of shares sold:          4 000
 Price per share:                R75.59
 Total value of transaction:     R302 360.00
 Nature of interest:             Direct beneficial


 Director's name :               Colin Mowatt
 Company:                        Sappi Southern Africa Ltd
 Date of transaction:            30 May 2016
 Nature of transaction:          Sale of shares
 Number of shares sold:          5 000
 Price per share:                R75.00
 Total value of transaction:     R375 000
 Nature of interest:             Direct beneficial

Amanda Tregoning
Group Secretary & Corporate Counsel
Sappi Limited


31 May 2016
Sponsor : UBS South Africa (Pty) Ltd




                                      

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