Notes to the group annual financial statements for the year ended September <strong>2012</strong> 35. Directors’ and prescribed officers’ participation in the <strong>Sappi</strong> Limited share schemes continued Prescribed officers Officer 1 Officer 2 Officer 3 Officer 4 Allocated price Number of shares Allocated price Number of shares Allocated price Number of shares Allocated price Number of shares Outstanding at beginning of year Number of shares held 384,000 412,600 246,200 266,800 Issue 28 ZAR47.08 11,000 ZAR47.08 1,980 ZAR47.08 33,000 Issue 28a Issue 29 ZAR46.51 17,600 ZAR46.51 4,620 ZAR46.51 33,000 Performance shares 32 ZAR11.06 88,000 ZAR11.06 39,600 ZAR11.06 41,800 Performance shares 33 ZAR11.06 88,000 Performance shares 34 88,000 88,000 55,000 44,000 Performance shares 35 120,000 120,000 80,000 65,000 Performance shares 36 88,000 88,000 65,000 50,000 Offered and accepted during the year Performance shares 36 Performance shares 37 105,000 105,000 100,000 87,500 Paid for during the year Number of shares (44,000) (44,000) (19,800) (20,900) Returned, lapsed and forfeited during the year Number of shares (44,000) (55,000) (21,780) (53,900) Outstanding at end of year Number of shares held 401,000 418,600 304,620 279,500 Issue 29 ZAR46.51 17,600 ZAR46.51 4,620 ZAR46.51 33,000 Performance shares 34 88,000 88,000 55,000 44,000 Performance shares 35 120,000 120,000 80,000 65,000 Performance shares 36 88,000 88,000 65,000 50,000 Performance shares 37 105,000 105,000 100,000 87,500 Performance shares are issued when all conditions per note 28 are met. The position of participants in regard to the rights offer is also explained in note 28. Expiry dates Issue 29 13 December <strong>2012</strong> Performance shares 34 22 December <strong>2012</strong> Performance shares 35 09 December 2013 Performance shares 36 03 December 2014 Performance shares 37 02 December 2015 178
Allocated price Officer 5 Officer 6 Officer 7 Officer 8 Total <strong>2012</strong> Total 2011 Number of shares Allocated price Number of shares Allocated price Number of shares Allocated price Number of shares Number of shares Number of shares 393,200 271,400 346,600 – 2,320,800 2,464,300 ZAR47.08 39,600 ZAR47.08 17,600 ZAR47.08 22,000 ZAR46.51 39,600 ZAR46.51 30,800 ZAR46.51 28,600 ZAR11.06 77,000 ZAR11.06 33,000 ZAR11.06 88,000 77,000 55,000 88,000 105,000 80,000 120,000 55,000 55,000 60,000 87,500 – 45,000 590,000 401,000 (38,500) (16,500) (44,000) – (227,700) (216,700) (78,100) (34,100) (66,000) – (352,880) (327,800) 336,600 308,300 236,600 45,000 2,330,220 2,320,800 ZAR46.51 39,600 ZAR46.51 30,800 ZAR46.51 28,600 77,000 55,000 88,000 105,000 80,000 120,000 55,000 55,000 60,000 87,500 45,000 sappi <strong>Integrated</strong> Report <strong>2012</strong> 179