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CITY LODGE HOTELS LIMITED - Directors Dealings In Securities

Release Date: 03/06/2013 17:48
Code(s): CLH     PDF:  
Wrap Text
Director’s Dealings In Securities

City Lodge Hotels Limited
"City Lodge"
(Reg. No. 1986/002864/06)
(Incorporated in the Republic of South Africa)
Share Code: CLH    ISIN Code: ZAE000117792

DIRECTOR’S DEALINGS IN SECURITIES

In compliance with Rule 3.63 - 3.74 of the JSE Listings
Requirements, the following information is disclosed:

Director:                      A.C. Widegger
Office held:                   Financial Director
Name of company:               City Lodge Hotels Limited
Date of transaction:           3 June 2013
Number of shares:              2 000
Price range:                   R127.50 – R128.30
VWAP:                          R127.775
Value of transaction:          R255,550.00
Nature of Transaction:         On market sale of ordinary
                               shares    to    settle    tax
                               obligation    following   the
                               exercise of share options
                               due to lapse on 1 August
                               2013.

Nature and extent of
Director’s interest in the
transaction:                   Direct beneficial

Prior clearance to deal has been obtained from Mr B.T.
Ngcuka, Chairman of the Board of City Lodge, in accordance
with Section 3.66 of the JSE Listings Requirements.

Bryanston
3 June 2013

Sponsor
JP Morgan Equities South Africa (Proprietary) Limited

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