SAPPI LIMITED - Dealings in securities by a director

Release Date: 07/09/2018 14:33
Code(s): SAP
 
Wrap Text
Dealings in securities by a director

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 a director

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 a director of
a major subsidiary of the Company. The dealings were on-market and clearance for the
dealings were received in terms of Listings Requirement 3.66, as follows:


 Director’s name              :       Mr A van C Thiel

 Company of which he is       :       Sappi Southern Africa Limited
 a director

 Nature of transaction        :       Sale of shares (on market)

 Date of transaction          :       05 September 2018

 Number shares sold           :       82 500

 Volume-weighted              :       R105.5124 (low R105.50; high R105.56)
 average price per share

 Total Value                  :       R 8 704 770.00

 Class of security            :       Ordinary shares

 Extent of interest           :       Direct beneficial



Johannesburg
07 September 2018



Sponsor: UBS South Africa (Pty) Ltd

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