Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Wed 20 Nov 2013, 16:14 SAPPI LIMITED - Dealing in securities by Directors
SAP 201311200037A
Dealing in securities by Directors

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

In terms of paragraph 3.63 of the Listing Requirements of the JSE Limited, Sappi provides
the following information regarding dealing in securities of Sappi by a director a major
subsidiary. The dealing which is in terms of the Sappi Limited Share Incentive Scheme and
for which clearance was received in terms of Listings Requirement 3.66 is as follows.

Director’s Name               :      Stephen Blyth
Subsidiary Company            :      Sappi International SA
Date of transaction           :      19 November 2013

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                   :       5 000

Dates rights granted          :      2 December 2011       : R22.90
and price

Vesting period                :      Over 4 years, expiring after 8 years

Selling price                 :      R32.89

Total value of shares sold    :      R164 450.00

Class of security             :      Ordinary shares

Extent of interest            :      Direct beneficial

The exercise of the rights was an off-market transaction and the pursuant sale was on-
market.

20 November 2013
Sponsor: UBS South Africa (Pty) Ltd

Denis O’Connor
Group Secretary
Sappi Limited
Tel +27 (0)11 407 8072
Fax +27 (0)11 339 1881
denis.oconnor@sappi.com

Date: 20/11/2013 04:14:00 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  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: