TSOGO SUN HOTELS LIMITED - Change in nature of Directors holdings

Change in nature of Directors holdings

Tsogo Sun Hotels Limited
(previously known as Southern Sun Hotels Proprietary Limited)
Incorporated in the Republic of South Africa
Registration number 2002/006356/06
Share Code: TGO ISIN:ZAE000272522
(“Tsogo Sun Hotels” or the “Company” or the “Group”)


CHANGE IN NATURE OF DIRECTORS HOLDINGS

Notice is given, in terms of paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited’s Listing Requirements, of the
following transactions in respect of the Company’s shares by directors:


 Name:                                                JA Copelyn
 Designation:                                         Non-executive Chairman
 Class of shares:                                     Ordinary
 Date of transaction:                                 23 December 2020
 Transaction price:                                   1 78 cps
 Number of securities:                                2 591 111
 Total value of transaction:                          R4 612 178
 Nature of transaction:                               Transfer of an interest in an associate to another associate of Mr Copelyn
                                                      (Off market transaction)
 Extent of director’s interest:                       Indirect Beneficial (previously Indirect Beneficial)

 Name:                                                JA Copelyn
 Designation:                                         Non-executive Chairman
 Class of shares:                                     Ordinary
 Date of transaction:                                 23 December 2020
 Transaction price:                                   1 78 cps
 Number of securities:                                4 972 724
 Total value of transaction:                          R8 851 449
 Nature of transaction:                               Change of shareholding in a subsidiary of a family trust, that was not an
                                                      associate of Mr Copelyn, resulting in it becoming an associate (Off market
                                                      transaction)
 Extent of director’s interest:                       Indirect Beneficial (previously Indirect Non-beneficial)

 Clearance has been given in terms of paragraph 3.66



Fourways
24 December 2020

Sponsor
Investec Bank Limited

Date: 24-12-2020 09:35:00
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.