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,
Sappi Fine Paper North America,
Sappi Fine Paper Europe
Date of transaction : 03 December 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 : 19,800
Dates rights granted : 11 December 1998 : R22.10 and price
Vesting period : Over 5 years expiring after 10 years
Selling price : R29,37
Class of security : Ordinary shares
Extent of interest : Direct beneficial
05 December 2008
Sponsor: UBS South Africa (Pty) Ltd
Date: 05/12/2008 17:22:02 Produced by the JSE SENS Department.
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