Sappi Dealing in Securities By Directors of Listed Companies
10 Februar 2009 - 5:01PM
PR Newswire (US)
JOHANNESBURG, South Africa, Feb. 10 /PRNewswire-FirstCall/ -- In
terms of paragraph 3.63 of the Listing Requirements of the JSE
Limited, we hereby provide the following information regarding
dealing in securities of Sappi Limited (NYSE:SPP) by a director of
a major subsidiary company of Sappi Limited. The dealing for which
clearance was received in terms of Listings Requirement 3.66, is as
follows: Director's Name : Brian Dick Company : Sappi Southern
Africa Date of transaction : 06 February 2009 Nature of transaction
: Sale of shares Number of shares sold : 3,459 Selling price :
ZAR29,19 (total value ZAR100 968) Class of security : Ordinary
shares Extent of interest : Direct beneficial About Sappi Limited A
global leader in the pulp and paper industry, Sappi Limited
(NYSE:SPPJSE:SPP) ( LSE: SPP) conducts its business through two
business units, Sappi Fine Paper and Sappi Forest Products. Sappi
Fine Paper, operating in Europe, North America and South Africa,
produces a wide range of coated fine paper brands with an
international reputation for quality and innovation. The company
also produces a range of uncoated graphic and business papers,
coated and uncoated specialty papers, as well as casting release
papers. Sappi Forest Products owns or manages approximately 540,000
hectares of plantations through Sappi Forests; is a leading
Southern African fully integrated pulp, packaging paper and
newsprint business through Sappi Kraft ; and is the world's leading
producer of chemical cellulose used in the manufacture of viscose
fibre through Sappi Saiccor; Sappi Trading, based in Hong Kong,
operates a trading network for the international sales and
distribution of the products of the two divisions outside their
core operation regions. For more information, visit:
http://www.sappi.com/. DATASOURCE: Sappi Limited CONTACT: Denis
O'Connor of Sappi Limited, +27-11-407-8072, denis.o' Web Site:
http://www.sappi.com/
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