SAPPI LIMITED - DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY

DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY

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’)

22 December 2016


DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY


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 dealings were
received in terms of Listings Requirement 3.66, as follows:



Director’s name                       :   T Hawkes

Company (Subsidiary)                  :   Sappi Southern Africa Limited

Date of transaction                   :   20 December 2016

Nature of transaction                 :   Sale of shares (on market) arising from vesting
                                          of conditional share plan awards as per SENS
                                          announcement previously issued by Sappi
                                          Limited

Number of shares sold                 :   4 000 shares

Selling price per share               :   R90.00

Total value                           :   R360 000.00

Class of security                     :   Ordinary shares

Extent of interest                    :   Direct beneficial




                                     
Director’s name                       :   P McGrady

Company (Subsidiary)                  :   Sappi Southern Africa Limited

Date of transaction                   :   20 December 2016

Nature of transaction                 :   Sale of shares (on market) arising from vesting of
                                          conditional share plan awards as per SENS
                                          announcement previously issued by Sappi Limited

Number of shares sold                 :   1 250 shares

Selling price per share               :   R90.00

Total value                           :   R112 500.00

Class of security                     :   Ordinary shares

Extent of interest                    :   Direct beneficial




Director’s name                       :   B Wiersum

Company (Subsidiary)                  :   Sappi Papier Holdings

Date of transaction                   :   21 December 2016

Nature of transaction                 :   On-market purchase of shares

Number of shares sold                 :   14 235 shares

Selling price per share               :   R87.8090 (high:R87.82 low:R87.80)

Total value                           :   R1 249 961 .11

Class of security                     :   Ordinary shares

Extent of interest                    :   Direct beneficial




Sponsor: UBS South Africa (Pty) Ltd




                                     

Date: 22/12/2016 03:15:00 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.