Sappi Ltd (SAP) SENS Announcements

SAPPI LIMITED - Results for the fourth quarter and year ended September 2026 and changes to board committees

Sappi posts a US$747m FY2026 net loss, suspends covenant testing, and guides Q1 FY2027 EBITDA lower.

SAPPI LIMITED - Update on Proposed Graphic Papers Joint Venture with UPM

EU Commission's Phase II review of the Sappi-UPM JV remains open; parties preparing remedies.

SAPPI LIMITED - Retirement of Mike Haws and appointment of Kirk Ross as President and Chief Executive Officer of Sappi North America

Sappi North America CEO succession: Mike Haws retires Feb 2027, Kirk Ross succeeds Jan 2027 in planned internal handover.

SAPPI LIMITED - Leverage Covenant Relief Extended to December 2027

Sappi extends leverage covenant relief to December 2027, but discloses no figures to size the stress.

SAPPI LIMITED - Changes to the board of directors

Board refresh at Sappi: three retirements and two new independent non-executive directors, effective 4 September.

SAPPI LIMITED - Disclosure of significant holding in Sappi shares

PIC crosses 20% holding threshold at 20.885%, but the filing is a compliance notification with no disclosed prior stake or purchase terms.

SAPPI LIMITED - Results for the third quarter ended June 2026

Sappi widens Q3 loss to US$181M and nine-month loss to US$631M; adjusted EBITDA down 34% in quarter and 50% YTD, with leverage at 6.9x.

SAPPI LIMITED - Results of the general meeting

Sappi shareholder vote approves the UPM JV with 98.58% support, but the deal was priced in May — this is administrative confirmation, not new news.

SAPPI LIMITED - Disclosure of significant holding in Sappi shares

PSG Asset Management discloses a 5.22% stake in Sappi — a mandatory threshold crossing notification with no directional investment signal.

SAPPI LIMITED - Updated outlook for the third quarter of FY2026

Sappi lifts Q3 EBITDA outlook from below Q2 to broadly in line with Q2, citing better North American performance.

SAPPI LIMITED - Disclosure of significant holding in Sappi shares

L&G crosses 5% threshold to 5.03% in a mandatory Companies Act disclosure — informational, not directional.

SAPPI LIMITED - Distribution of circular to shareholders and notice of general meeting

Sappi distributes JV circular and calls shareholder vote for 23 July — terms already disclosed, no new information here.

SAPPI LIMITED - Terms announcement regarding the Proposed Joint Venture between the European graphic paper businesses of Sappi & UPM

Sappi contributes its loss-making European graphic paper unit to a JV with UPM, securing €100m.

SAPPI LIMITED - Results for the second quarter ended March 2026

Sappi suspends debt covenants and reports a US$413 million net loss amid severe operational distress.

SAPPI LIMITED - Sappis proposed graphic paper Joint Venture with UPM proceeds to phase II of EU merger control

Sappi's joint venture with UPM faces regulatory delays following an EU Phase II probe.

SAPPI LIMITED - Update on the distribution of the circular to Sappi shareholders

Sappi's Category 1 JV circular distribution is contingent on signing definitive agreements in H1 2026.