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SAP
SAVVI
SAP - Sappi Limited - Granting of conditional share awards to directors of
listed company
Sappi Limited
Reg No 1936/008963/06
(Incorporated in the Republic of South Africa)
JSE Code SAP
ISIN code ZAE 000006284
NYSE code SPP
("Sappi" or "the Company")
GRANTING OF CONDITIONAL SHARE AWARDS TO DIRECTORS OF LISTED COMPANY
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we
hereby provide the following information regarding the granting of conditional
share awards by Sappi to the undermentioned directors of the Company and its
major subsidiary companies:
Date of notification
of transaction : 3 December 2010
Nature of transaction : Grants of Conditional Share Awards in
terms of the Sappi Limited Performance Share
Incentive Plan
Strike price : Nil (no consideration)
Vesting dates for
Conditional share awards : 3 December 2014
Class of security : Ordinary shares
Extent of interest : Direct beneficial
The necessary authority in terms of Paragraph 3.66 was obtained and these were
off-market transactions.
DIRECTOR`S NAME COMPANY NUMBER OF
SHARES
SUBJECT TO
CONDITIONAL
AWARDS
RJ BOETTGER Sappi Limited 195 000
HA DE JONGH Sappi Southern Africa 30 000
M GARDNER Sappi Fine Paper North America 88 000
TS HAWKES Sappi Southern Africa 27 500
RD HOPE Sappi Fine Paper North America 55 000
E LETLAPE Sappi Southern Africa 12 500
NN MAELANE Sappi Southern Africa 30 000
S MANCHESTER Sappi Fine Paper North America 27 500
J MILLER Sappi Fine Paper North America 27 500
DM MNCUBE Sappi Southern Africa 30 000
CM MOWATT Sappi Southern Africa 30 000
A ROSSI Sappi Southern Africa 55 000
G PEARCE Sappi Fine Paper Europe 24 150
A THIEL Sappi Southern Africa 65 000
MR THOMPSON Sappi Limited 88 000
GM VAN AARDE Sappi Southern Africa 28 000
AJ VAN DER MERWE Sappi Southern Africa 28 000
W
B WIERSUM Sappi Fine Paper Europe 88 000
6 December 2010
Sponsor: UBS South Africa (Pty) Ltd
Date: 06/12/2010 14:01:01 Produced by the JSE SENS Department.
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