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CITY LODGE HOTELS LIMITED - Directors Dealings In Securities

Release Date: 31/03/2015 12:56
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:                                          C. Ross
Office held:                                       Chief Executive
Name of company:                                   City Lodge Hotels Limited
Date of transaction:                               27 March 2015
Number of shares:                                  3,217
Price:                                             R136.00
Value of transaction:                              R437,512.00
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:                                          C. Ross
Office held:                                       Chief Executive
Name of company:                                   City Lodge Hotels Limited
Date of transaction:                               30 March 2015
Number of shares:                                  4,890
Price:                                             R665,040.00
Value of transaction:                              R136.00
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:                                          C. Ross
Office held:                                       Chief Executive
Name of company:                                   City Lodge Hotels Limited
Date of transaction:                               31 March 2015
Number of shares:                                  2,682
Price:                                             R364,754.40
Value of transaction:                              R136.00
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:                               31 March 2015
Number of shares:                                  6,401
Price:                                             R136.50
Value of transaction:                              R873,736.50
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.

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
31 March 2015

Sponsor
JP Morgan Equities South Africa Proprietary Limited

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