SAP - Sappi Limited - Dealing in securities by a D
SAP
SAVVI
SAP - Sappi Limited - Dealing in securities by a Director of a subsidiary
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 A DIRECTOR OF A SUBSIDIARY OF SAPPI
In terms of paragraph 3,63 of the Listings Requirements of JSE Limited, Sappi
provides the following information regarding the awards of shares in Sappi to Mr
M Gardner, Chief Executive Officer of a major subsidiary company.
The dealings for which clearance was received in terms of Listings Requirement
3,66, are as follows
Director`s name Mark Gardner
Company Sappi Fine Paper North America
Date of transactions 12 September 2007
Nature of transaction No. 1 Grant of conditional share awards in
terms of the Sappi Limited Performance
Share Incentive Plan
Number of Conditional Share In respect of 25 000 shares
Awards
Share price No consideration
Vesting date if performance 12 September 2011
conditions met
Class of security Ordinary shares
Extent of interest Direct beneficial
Nature of transaction No. 2 Award of shares to Mark Gardner in terms
of his service contract.
Number of Shares 10 000
Share price No consideration to Mark Gardner
Vesting date 10 September 2008
Class of security Ordinary shares
Extent of interest Direct beneficial
Johannesburg
14 September 2007
Date: 14/09/2007 11:02:01 Produced by the JSE SENS Department.
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