|
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); NYSE code SPP
("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 directors of the Company and of the Company`s major subsidiary
companies. Clearance for the dealings was received in terms of Listings
Requirement 3.66, as follows:
1. Director`s Name : M R Thompson
Company : Sappi Limited
Date of transaction : 20 December 2011
Nature of transaction : Sale of shares to defray taxation payable on
24 695 shares which vested for Mr Thompson in
terms of the Sappi Limited Performance Share
Incentive Plan as per SENS Announcement of
15 December 2011.
Number of shares sold : 10 600
Selling price : R23.62 (3 933 shares)
R23.63 (2 897 shares)
R23.64 (2 777 shares)
R23.66 (993 shares)
Total value : R250 496.23
Method of trade : On market
Class of security : Ordinary shares
Extent of interest : Direct beneficial
2. Director`s Name : A Rossi
Company (Subsidiary) : Sappi Southern Africa / Sappi Fine Paper North
America
Date of transaction : 20 December 2011
Nature of transaction : Sale of shares to defray taxation payable on
9 261 shares which vested for Mr Rossi in
terms of the Sappi Limited Performance Share
Incentive Plan as per SENS Announcement of 15
December 2011.
Number of shares sold : 4 100
Selling price : R23.58 (1 400 shares)
R23.57 (2 700 shares)
Total value : R96 651.00
Method of trade : On market
Class of security : Ordinary shares
Extent of interest : Direct beneficial
3. Director`s Name : S Manchester
Company (Subsidiary) : Sappi Fine Paper North America
Date of transaction : 21 December 2011
Nature of transaction : Sale of shares
Number of shares sold : 11 113
Selling price : R23.60 (2 720 shares)
R23.58 (3 956 shares)
R23.51 (4 437 shares)
Total value : R261 788.35
Method of trade : On market
Class of security : Ordinary shares
Extent of interest : Direct beneficial
Denis O`Connor
Group Secretary : Sappi Limited
Tel +27 (0)11 407 8072
Fax +27 (0)11 339 1881
denis.oconnor@sappi.com
21 December 2011
Sponsor: UBS SA (Pty) Ltd
Date: 21/12/2011 12:02:51 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
