SAP - Sappi Limited - Dealing In Securities By Directors Of Listed Companies
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 one of the Company`s major subsidiary companies.
Clearance for the dealing was received in terms of Listings Requirement 3.66, as
follows:
Director`s Name : A Rossi
Company (Subsidiary) : Sappi Forest Products (Pty) Limited
Date of transaction : 10 December 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 : 1. 4 000
2. 10 676
3. 1 324
Dates rights granted : 1. 19 January 1998 : R19.90
and price 2. 22 December 1999 : R53,85
3. 22 December 1999 : R53,85
Vesting period : Over 5 years
Selling price : 1. R98,00
2. R98,00
3. R98,01
Class of security : Ordinary shares
Extent of interest : Direct beneficial
11 December 2007
Sponsor: UBS Warburg
Date: 11/12/2007 16:57:41 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
