Sappi Limited: Dealing in securities by directors of listed companies

JOHANNESBURG, Nov. 28, 2012 /PRNewswire/ -- In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we hereby provide the following information regarding dealings in securities of Sappi by a director of the company.  Clearance for the dealing was received in terms of Listings Requirement 3.66, as follows and the transaction was done on market:

Director's Name                      

:           M A Fallon



Company                                

:           Sappi Limited



Date of transaction                 

:           27 November 2012



Nature of transaction              

:           Purchase of shares



Number of shares purchased 

:           5,000



Purchase price                       

:           R28.00



Total value                              

:           R140,000.00



Class of security                     

:           Ordinary shares



Extent of interest                     

:           Direct beneficial

 

Sappi Limited
(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share code: SAP        
ISIN: ZAE000006284)
NYSE code SPP
("Sappi" or the "Company")

For further information contact:
Denis O'Connor
Group Secretary
Sappi Limited
Tel +27 (0)11 407 8072
Fax +27 (0)11 339 1881
denis.oconnor@sappi.com

SOURCE Sappi Limited

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