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SAPPI LIMITED - Dealings in securities by directors of listed companies

Release Date: 19/02/2019 14:10
Code(s): SAP     PDF:  
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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 dealings were on-market and clearance for the
dealings were received in terms of Listings Requirement 3.66, as follows:


 Director’s name                : Mr B J Wiersum

 Company of which he is a       : Sappi Papier Holding GmbH
 director

 Nature of transaction          : Sale of shares (on market) to settle tax liability arising from
                                  vesting of conditional share awards as per SENS
                                  announcement dated 04 December 2018 issued by Sappi
                                  Limited

 Date of transaction            : 15 February 2019

 Number shares sold             : 32 000

 Highest price per share sold   : R73.67

 Lowest price per share sold    : R73.37

 Volume-weighted average        : R73.6022
 price per share

 Total Value                    : R2 355 270.40

 Class of security              : Ordinary shares

 Extent of interest             : Direct beneficial


Johannesburg
19 February 2019

Sponsor: UBS South Africa (Pty) Ltd

Date: 19/02/2019 02:10:00 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.

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