CITY LODGE HOTELS LIMITED - Directors dealings in securities exercise of Share Appreciation Rights

Release Date: 06/06/2018 12:11
Code(s): CLH
 
Wrap Text
Director’s dealings in securities – exercise of Share Appreciation Rights

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 – exercise of Share
Appreciation Rights (“SARs”)

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:           5 June 2018
Number of shares:              20,000
Price:                         R157.00
Value of transaction:          R3,140,000.00
Nature of Transaction:         On market sale of ordinary
                               shares.
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
6 June 2018

Sponsor
Nedbank Corporate & Investment Banking

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