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CITY LODGE HOTELS LIMITED - Change to board Resignation of independent non-executive director and change to composition of risk committee

Release Date: 12/05/2016 16:16
Code(s): CLH     PDF:  
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Change to board – Resignation of independent non-executive director and change to composition of risk committee

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

CHANGE TO BOARD – RESIGNATION OF INDEPENDENT NON-EXECUTIVE
DIRECTOR AND CHANGE TO COMPOSITION OF RISK COMMITTEE

In compliance with Sections 3.59 of the JSE Listings
Requirements, shareholders are advised that, Ms Wendy Tlou,
independent non-executive director, has resigned from the
board and as a member of the risk committee with effect
from 11 May 2016.

The board and management of City Lodge express their
appreciation to Ms Tlou for her valued contribution to the
company during her tenure and wish her well for the future.

The board of directors has commenced the process of
identifying a suitable candidate for appointment to the
board and the relevant announcement in this regard will be
made in due course.

In addition, following a reassessment of the composition of
the risk committee, City Lodge is pleased to announce that
Mr Vincent Rague, an independent non-executive director,
has been appointed to the risk committee with effect from
1 July 2016.

Bryanston
12 May 2016

Sponsor
JP Morgan Equities South Africa Proprietary Limited

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