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 : D M Mncube
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 : 10 500
Dates rights granted : 1) 4 000 on 30 December 2003 atand price
R79,25 per share 6 500 on 13 December 2004 at
R78,00 per share
Vesting period : 1) Over 5 years, expiring after 8 years
2) Over 4 years, expiring after 8 years
Selling price : R112,01
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Ldoc055
jseAJWvanderMerwe
04 June 2008
Sponsor
UBS Warburg
Date: 04/06/2008 16:21:00 Produced by the JSE SENS Department.
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