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SAP
SAVVI
SAP - Sappi - 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 ZAE000006284
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. The necessary authority in terms of paragraph 3.66
was obtained and these were off-market transactions:
Date of notification
of transaction : 5 December 2011
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 : 2 December 2015
Class of security : Ordinary shares
Extent of interest : Direct beneficial
DIRECTOR`S NAME COMPANY NUMBER OF
SHARES
SUBJECT TO
CONDITIONAL
AWARDS
RJ BOETTGER Sappi Limited 200 000
J BONER Sappi Fine Paper Europe (Co Sec) 50 500
HA DE JONGH Sappi Southern Africa 53 000
M GARDNER Sappi Fine Paper North America 105 000
TS HAWKES Sappi Southern Africa 24 000
RD HOPE Sappi Fine Paper North America 60 000
E LETLAPE Sappi Southern Africa 33 000
NN MAELANE Sappi Southern Africa 53 000
S MANCHESTER Sappi Fine Paper North America 40 000
J MILLER Sappi Fine Paper North America 50 000
CM MOWATT Sappi Southern Africa 28 000
G PEARCE Sappi Fine Paper Europe 55 500
A ROSSI Sappi Southern Africa 87 500
LA SWARTZ Sappi Southern Africa/Sappi Fine 87 500
Paper North America
Av THIEL Sappi Southern Africa 100 000
C
MR THOMPSON Sappi Limited 70 000
GM VAN AARDE Sappi Southern Africa 28 000
AJ VAN DER Sappi Southern Africa 25 000
W MERWE
BJ WIERSUM Sappi Fine Paper Europe 105 000
6 December 2011
Sponsor: UBS South Africa (Pty) Ltd
Date: 06/12/2011 16:34:01 Produced by the JSE SENS Department.
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