Disclosure of significant holding of Sappi ordinary shares
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN code: ZAE000006284
("Sappi" or the "Company")
DISCLOSURE OF SIGNIFICANT HOLDING OF SAPPI ORDINARY SHARES
In compliance with Section 122(3)(b) of the Companies Act, No. 71 of 2008 as amended (“Companies
Act”) and regulation 121(2)(b) of the Companies Regulations, 2011and 3.83(b) of the JSE Limited
Listings Requirements, shareholders are informed that Sappi has received the following notification on
21 April 2022:
- acquisition of shares by Public Investment Corporation SOC Ltd (PIC), such that PIC’s total
beneficial interest in the Company as of 21 April 2022 has increased to 20.168% of the issued
capital of the Company.
As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required
notice with the Takeover Regulation Panel.
The board of directors of Sappi accepts responsibility for the information contained in this
announcement as it relates to the Company and confirms that, to the best of its knowledge and belief,
such information relating to Sappi is true and that this announcement does not omit anything likely to
affect the importance of such information.
21 April 2022
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 21-04-2022 03:50:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.