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SAPPI LIMITED - Dealings in securities by directors of listed companies

Release Date: 23/11/2017 13:30
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                : F C S Marupen

Company (Subsidiary)           : Sappi North America

Date of transaction            : 21 November 2017

Nature of transaction          : On-market purchase of shares

Number of shares               : 2 745
purchased

Highest price per share        : R103.71
purchased
Lowest price per share         : R96.51
purchased
Volume weighted average        : R101.75
price of shares purchased

Total value                    : R282 030.61

Class of security              : Ordinary shares

Extent of interest             : Direct beneficial



Sponsor : UBS South Africa (Pty) Ltd
23 November 2017
Date: 23/11/2017 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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