SAP - Sappi - Dealing In Securities By Directors Of Listed Companies
SAP
SAVVI
SAP - Sappi - 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 Limited,
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 3.66, is as follows :
Director`s Name : Denis James O`Connor
Company (Subsidiary) : Sappi Limited
Date of transaction : 21 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 : 3200
Dates rights granted
and prices : 22 December 1999 : R53,85
Vesting period : Over 5 years
Selling price : R97,00
Class of security : Ordinary shares
Extent of interest : Direct beneficial
24 December 2007
Sponsor: UBS South Africa (Pty) Ltd
Date: 24/12/2007 11:36:01 Produced by the JSE SENS Department.
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