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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 Listing Requirements of the JSE Securities
Exchange, we hereby provide the following information regarding dealing in
securities of Sappi by directors of the Company and by directors of the
Company`s major subsidiary companies. The dealing which is in terms of the
Sappi Limited Share Incentive Scheme, and for which clearance was received in
terms of Listings Requirement 3.74, is as follows:
Director`s Name: Kaj Burchardi
Company (Subsidiary): Sappi International SA
Date of transaction: 20 November 2007
Nature of transaction: Payment for shares arising from exercise of rights
to shares in terms of the Sappi Limited Share
Incentive Scheme
Number of rights exercised/shares sold:
1. 1 990
2. 3 170
3. 9 840
4. 1 802
5. 142
6. 5 556
Dates rights granted:
1. 22 December 1999: R53,85
2. 22 December 1999: R53,85
3. 22 December 1999: R53,85
4. 15 January 2001: R49,00
5. 15 January 2001: R49,00
6. 15 January 2001: R49,00
Vesting period: Over 5 years
Selling price:
1. 22 December 1999: R94,72
2. 22 December 1999: R94,73
3. 22 December 1999: R94,90
4. 15 January 2001: R94,90
5. 15 January 2001: R94,99
6. 15 January 2001: R95,00
Class of security: Ordinary shares
Extent of interest: Direct beneficial
23 November 2007
Sponsor: UBS South Africa
Date: 23/11/2007 12:18:16 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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