Enhanced Investments - Financial Portal

Dealings in securities by director of a major subsidiary of Sappi Limited

Published: 2022-11-11 17:00:32 ET

                                                                      Sappi Limited



                                                                      Announcement
                                                                      11 November 2022


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

DEALINGS IN SECURITIES BY DIRECTOR OF A MAJOR SUBSIDIARY OF SAPPI
LIMITED

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 by a director of a
major subsidiary of the Company. The dealing was on-market and clearance for the dealing
was received in terms of paragraph 3.66 of the Listings Requirements.


 Director’s name                    :   Mr S Blyth

 Company                            :   Sappi Europe SA

 Date of transaction                :   10 November 2022

 Nature of transaction              :   On-market sale of shares

 Number of shares sold              :   16 629

 Price per share sold               :   R57.88

 Total value of transaction         :   R962 486.52

 Class of security                  :   Ordinary shares

 Extent of interest                 :   Direct beneficial



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.