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SAPPI LIMITED - Dealings in securities by director of a listed company

Release Date: 28/11/2019 15:05
Code(s): SAP     PDF:  
 
Wrap Text
Dealings in securities by director of a listed company

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 DIRECTOR OF A LISTED COMPANY


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. The dealing was on-market and clearance for the dealing was received in
terms of Listings Requirement 3.66, as follows :



Director’s name                        :   Sir Nigel Rudd

Company                                :   Sappi Limited

Date of transaction                    :   26 November 2019

Nature of transaction                  :   On-market purchase of shares

Number of shares purchased             :   250 000

Highest price per share                :   R40.75
purchased

Lowest price per share                 :   R39.05
purchased

Volume-weighted average price          :   R39.405
of shares purchased

Total value                            :   R9 851 250.00

Class of security                      :   Ordinary shares

Extent of interest                     :   Direct beneficial



Sponsor : UBS South Africa (Pty) Ltd
28 November 2019
Date: 28-11-2019 03:05:00
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