SAP - Sappi Limited - Dealing in securities by Dir
SAP
SAVVI
SAP - Sappi Limited - Dealing in securities by Directors of Listed Companies
Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share code: SAP & ISIN: ZAE000006284)
("Sappi" or the "Company")
DEALING 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 a director of the Company and by directors of a major subsidiary.
The dealing which is in terms of the Sappi Limited Share Incentive Scheme, and
for which clearance was received in terms of Listings Requirement 3.66, is as
follows:
Director`s Name : J H Labuschagne
Company : Sappi Forest Products
Date of transaction : 31 May 2007
Nature of transaction : Sale of shares arising from exercise of rights
to shares in terms of the Sappi Limited Share
Incentive Scheme
Number of rights
exercised/ shares sold 8 800
Offer Date Offer Selling
Price Price
Date rights granted 1. 800 on 19 January 1998 R19,90 R131,17
and prices 2. 4000 on 22 December 1999 R53,85 R131,17
3. 4000 on 15 January 2001 R49,00 R131,17
Vesting period Over 5 years
Class of security Ordinary shares
Extent of interest Direct beneficial
1 June 2007
Date: 01/06/2007 16:22:22 Produced by the JSE SENS Department.
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