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SAPPI LIMITED - Dealings in securities by directors of listed companies

Release Date: 29/11/2016 12:30
Code(s): SAP     PDF:  
Wrap Text
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’)


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                   : P B McGrady

 Company (Subsidiary)              : Sappi Southern Africa Limited

 Date of transaction               : 28 November 2016

 Nature of transaction             : Sale of shares (on-market) arising from exercise of
                                     rights to vested shares in terms of the Sappi Limited
                                     Share Option Scheme

 Number of rights                  : 14 000
 exercised/shares sold

 Selling price per share           : R83.00

 Total value                       : R1 162 000.00


29 November 2016
Sponsor : UBS South Africa (Pty) Ltd






Date: 29/11/2016 12:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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