Sappi Limited - Dealing in securities by directors
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)
(`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 a director of one of the Company`s major subsidiary companies. 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: Jennifer Miller (USA Resident)
Company (Subsidiary): Sappi Fine Paper North America
Date of transaction : 13 September 2005
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: 100 000
Dates rights granted
and prices: 1. 4 716 on 19 January 1998 : R19,90
2. 284 on 19 January 1998 : R19,90
3. 35 000 on 11 December 1998 : R22,10
4. 40 000 on 22 December 1999 : R53,85
5. 10 000 on 15 January 2001 : R49,00
6. 10 000 on 15 January 2001 : R49,00
Vesting period : Over 5 years
Selling prices : 1 R72,80
2. R72,90
3. R72,80
4. R72,80
5. R72,75
6. R73,00
Class of security: Ordinary shares
Extent of interest: Direct beneficial
15 September 2005
Date: 15/09/2005 02:50:43 PM
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