SAP - Sappi Limited - Granting of conditional share awards to directors of
SAP
SAVVI
SAP - Sappi Limited - Granting of conditional share awards to directors of
listed company
Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share code: SAP ISIN: ZAE000006284)
("Sappi" or the "Company")
GRANTING OF CONDITIONAL SHARE AWARDS TO DIRECTORS OF
LISTED COMPANY
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we
hereby provide the following information regarding the granting of conditional
share awards by Sappi to the undermentioned directors of the Company and its
major subsidiary companies:
Date of transaction: 12 December 2007
Nature of transaction: Grants of Conditional Share Awards in
terms of the Sappi Limited
Performance Share Incentive Plan
Strike price: Nil
Vesting dates for Conditional share 12 December 2011
awards:
Class of security: Ordinary shares
Extent of interest: Direct beneficial
The necessary authority in terms of 3.66 was obtained.
DIRECTOR`S NAME COMPANY NUMBER OF SHARES SUBJECT
TO CONDITIONAL AWARDS
LA SWARTZ Sappi Limited senior 19,000
management
Date: 18/12/2007 12:05:01 Produced by the JSE SENS Department.
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