| Mon 30 Mar 2015, 14:11 | | SAPPI LIMITED - Dealings in securities by directors and company secretary of listed companies |
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SAP 201503300046A
Dealings in securities by directors and company secretary of listed companies
Sappi Limited
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284
(‘Sappi’ or ‘the company’)
DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY 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 its major subsidiaries. The dealings were on-market and clearance for the dealings were
received in terms of Listings Requirement 3.66, as follows:
Director’s name : D J O’Connor (Company Secretary)
Company (Subsidiary) : Sappi Limited
Date of transaction : 27 March 2015
Nature of transaction : Sale of shares (on-market) arising from exercise of
rights to shares in terms of the Sappi Limited Share
Incentive Scheme
Number of rights : 49,250
exercised/shares sold
Dates rights granted and : 1) 22 December 2008 : R35.50 _ 8250 rights
price 2) 9 December 2009 : R33.85 _ 11000 rights
3) 3 December 2010 : R35.20 _ 15000 rights
4) 2 December 2011 : R22.90 _ 15000 rights
Vesting period : Over 4 years expiring after 8 years
Selling price per share : 1) 8,250 shares at volume weighted average price of
R47.599 (high R47.67, low R47.51)
2) 11,000 shares at volume weighted average price of
R47,2943 (high R47.53, low R47.07)
3) 15,000 shares at volume weighted average price of
R47.0346 (high R47.14, low R47.00)
4) 15,000 shares at volume weighted average price of
R47.003 (high R47.01, low R47.00)
Total value : R2,323,493.05
30 March 2015
Sponsor: UBS South Africa (Pty) Ltd
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