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 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 : M Gardner
Company (Subsidiary) : Sappi Fine Paper North America,
Date of transaction : 19 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 : 1. 5,000
Exercised/shares sold : 2. 6,000
Dates rights granted : 1. 15 January 2001 : R49.00 linked to :
and price : 2. 15 December 2008 arising from grant of
15 January to take into cognizance rights offer
: R20.27
Vesting period : Over 5 years expiring after 8 years
Selling price : R35.62
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Ldoc002
jseMGARDNER
Date: 23/12/2008 13:30:21 Produced by the JSE SENS Department.
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