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SAPPI LIMITED - Dealings in Securities by Director of a Listed Company

Release Date: 25/03/2020 16:50
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 a director of
a major subsidiary 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                     :   Fergus Marupen

Company of which he is a            :
                                        Sappi North America Inc.
director

Date of transaction                 :   25 March 2020

Nature of transaction               :   On-market purchase of shares

Number of shares purchased          :   10 000

Highest price per share             :   R21.12
purchased

Lowest price per share              :   R18.89
purchased

Volume-weighted average price       :   R20.13
of shares purchased

Total value                         :   R201 300.00

Class of security                   :   Ordinary shares

Extent of interest                  :   Direct beneficial



Sponsor: UBS South Africa (Pty) Ltd

25 March 2020

Date: 25-03-2020 04:50:00
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