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CITY LODGE HOTELS LIMITED - Directors dealings in securities

Release Date: 18/03/2015 09:17
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. Widegger
Office held:                   Financial Director
Name of company:               City Lodge Hotels Limited
Date of transaction:           13 March 2015
Number of shares:              651
Price:                         R136.20
Value of transaction:          R88,666.2
Nature of Transaction:         On market sale of ordinary
                               shares to settle the tax
                               obligation      that     arose
                               following   the   vesting   on
                               22    December      2014    of
                               restricted   shares    awarded
                               under the Restricted Share
                               Plan 2011.
Nature and extent of
Director’s interest in the
transaction:                   Direct beneficial

Director:                      A. Widegger
Office held:                   Financial Director
Name of company:               City Lodge Hotels Limited
Date of transaction:           16 March 2015
Number of shares:              301
Price:                         R135.50
Value of transaction:          R40,785.50
Nature of Transaction:         On market sale of ordinary
                               shares to settle the tax
                               obligation      that     arose
                               following   the   vesting   on
                               22    December      2014    of
                               restricted   shares    awarded
                               under the Restricted Share
                               Plan 2011.
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
18 March 2015

Sponsor
JP Morgan Equities South Africa Proprietary Limited

Date: 18/03/2015 09:17:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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