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SAPPI LIMITED - Dealings In Securities By Director And Company Secretary

Release Date: 02/01/2018 12:45
Code(s): SAP     PDF:  
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Dealings In Securities By Director And Company Secretary

Sappi Limited
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284

(‘Sappi Limited’ or ‘the Company’)

2 January 2018



DEALINGS IN SECURITIES BY DIRECTOR AND COMPANY SECRETARY



In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we hereby provide
the following information regarding dealings in securities by a director and company secretary
of major subsidiaries of Sappi Limited. Clearance for the dealing was received in terms of
Listings Requirement 3.66, as follows:




   Director’s name                    :   M Gardner

   Company (Subsidiary)               :   S.D. Warren Company & Sappi Papier Holding
                                          GmbH

   Date of transaction                :   28 December 2017

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

   Total number of shares sold        :   70 000 shares

   Average selling price obtained     :   R88.9554 (high R89.00; low R88.81)
   per share

   Total value                        :   R6 226 878.00

   Class of security                  :   Ordinary shares

   Extent of interest                 :   Direct beneficial


                                      
Company Secretary’s name              :   S Manchester

Company (Subsidiary)                  :   S.D. Warren Company

Date of transaction                   :   28 December 2017

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

Number of shares sold                 :   32 000 shares

Selling price obtained per share      :   R89.8025 (high R92.00; low R89.00)]

Total value                           :   R2 873 680.00

Class of security                     :   Ordinary shares

Extent of interest                    :   Direct beneficial



Sponsor: UBS South Africa (Pty) Ltd




                                      

Date: 02/01/2018 12:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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