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Sappi Limited - Granting Of Conditional Contracts To Directors Of Listed Company
To Acquire Shares
Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share code: SAP ISIN: ZAE000006284)
(`Sappi` or the `Company`)
GRANTING OF CONDITIONAL CONTRACTS TO DIRECTORS OF LISTED COMPANY TO ACQUIRE
SHARES
In terms of paragraph 3.63 of the Listings Requirements of the JSE Securities
Exchange, we hereby provide the following information regarding the granting of
contracts to acquire shares in Sappi by Sappi to the undermentioned directors of
the Company and its major subsidiary companies:
Date of transaction : 7 March 2005
Nature of transaction : Grants of Conditional contracts to acquire
shares in terms of the Sappi Limited Performance Share
Incentive Plan
Strike price : Not applicable
Vesting dates for shares : On 12 December 2008 provided that and to the
extent that performance criteria are met
Class of security : Ordinary shares
Extent of interest : Direct beneficial
The necessary authority in terms of 3.66 of the JSE Listings Requirements was
obtained.
DIRECTOR`S NAME COMPANY NUMBER OF
SHARES
K BURCHARDI Sappi International 5,000
BM DICK Sappi Forest Products 3,000
H GEBREITER Sappi Fine Paper Europe 6,000
RD HOPE Sappi Fine Paper North America 6,000
JH LABUSCHAGNE Sappi Forest Products 3,000
JC LESLIE Sappi Limited 40,000
A
VA LUBBE Sappi Fine Paper Europe, Sappi 6,000
R Fine Paper North America, Sappi
Forest Products
SG MANCHESTER Sappi Fine Paper North America 3,000
(Co Secretary)
J MILLER Sappi Fine Paper North America 4,000
DM MNCUBE Sappi Forest Products 6,000
H MOLLENHAUER Sappi Fine Paper North America 3,000
W PFARL Sappi Fine Paper Europe 12,000
A ROSSI Sappi Forest Products 6,000
M SPALLART Sappi Forest Products 6,000
MR THOMPSON Sappi Papier Holding 6,000
R THUMMER Sappi Fine Paper Europe 6,000
AD TUBB Sappi Forest Products 6,000
M TURNER Sappi Fine Paper Europe, Sappi 5,000
Fine Paper North America
AJ VAN DER MERWE Sappi Forest Products 2,000
W
AP WAGENAAR Sappi Forest Products 12,000
DG WILSON Sappi Limited 12,000
H ZONDAG Sappi Fine Paper Europe, Sappi 5,000
Fine Paper North America
Johannesburg
9 March 2005
Date: 09/03/2005 02:56:07 PM
Produced by the JSE SENS Department
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