Sappi Limited - Granting Of Conditional Share Awar
SAP
SAVVI
Sappi Limited - Granting Of Conditional Share Awards To Directors Of Listed
Company
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 SHARE AWARDS TO DIRECTORS OF LISTED COMPANY
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we
hereby provide the following information regarding the granting of options by
Sappi to the undermentioned directors of the Company and its major subsidiary
companies:
Date of transaction : 21 December 2005
Nature of transaction : Grants of conditional share awards in terms
of the Sappi Limited Performance Share Incentive
Plan
Strike price : n/a
Vesting dates for
Conditional share awards : 21 December 2009
Class of security : Ordinary shares
Extent of interest : Direct beneficial
The necessary authority in terms of 3.66 was obtained.
DIRECTOR"S NAME COMPANY NUMBER OF
CONDITIONAL
SHARE AWARDS
R HAGEN Sappi Fine Paper North 42 000
America
SG MANCHESTER Sappi Fine Paper North 15 000
America (Co Secretary)
J MILLER Sappi Fine Paper North 8 000
America
Date: 23/12/2005 11:19:23 AM Produced by the JSE SENS Department
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