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 J W van der Merwe
Company (Subsidiary) : Sappi Southern Africa
Date of transaction : 03 June 2008
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 : 8 000
Dates rights granted : 11 December 1998 : R22,10
and price
Vesting period : Over 5 years, expiring after 10 years
Selling price : R112,01
Class of security : Ordinary shares
Extent of interest : Direct beneficial
04 June 2008
Sponsor
UBS Warburg
Date: 04/06/2008 16:20:01 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
