Enhanced Investments - Financial Portal

Purchase of securities by a director of a major subsidiary

Published: 2023-05-17 15:50:31 ET

Sappi Limited
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN: ZAE000006284

("Sappi" or the "Company")


PURCHASE OF SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited
(“Requirements”), we hereby provide the following information regarding the purchase of
securities by a director of a major subsidiary of the Company. The necessary clearance in
terms of paragraph 3.66 of the Requirements was obtained.


Director’s name                    :   Fergus Marupen

Company of which he is a           :   Sappi North America Inc.
director

Date of transaction                :   11 May 2023

Nature of transaction              :   On-market purchase of shares

Number of shares purchased         :   4 500

Price of shares purchased          :   R42.40

Total value of transaction         :   R190 800.00

Class of security                  :   Ordinary shares

Extent of interest                 :   Direct beneficial



17 May 2023
Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.