JOHANNESBURG, Oct. 7, 2011 /PRNewswire/ -- 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 (Share code: SAP; ISIN: ZAE000006284; NYSE code SPP) by directors of the Company. Clearance for the dealing was received in terms of Listings Requirement 3.66, as follows and the transaction was done off market:
Director's Name: | M R Thompson | |
Company: | Sappi Limited | |
Date of transaction: | 4 October 2011 | |
Nature of transaction: | Purchase of 2014 secured notes over the counter | |
Number of notes purchased: | 142 000 | |
Purchase price per note: | 101.998% | |
Total value of notes purchased: | EUR 14 483 716 | |
Class of security: | Secured notes listed on Luxembourg Stock Exchange | |
Extent of interest: | Direct beneficial | |
Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
("Sappi" or the "Company")
SOURCE Sappi