CITY LODGE HOTELS LIMITED - Dealings in securities

Dealings in securities

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

DEALINGS IN SECURITIES

Further to the results of the Rights Offer released on Stock Exchange News Service of the JSE Limited (“JSE”) earlier
today, the following information relating to off market transactions is disclosed in terms of section 3.63 of the Listings
Requirements of the JSE:

Name of director:                         FWJ Kilbourn
Company:                                  City Lodge
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Ordinary shares
Number of securities:                     221 000
Rights Offer price:                       R2.12
Total value of transaction:               R468 520.00
Extent of interest:                       Direct beneficial

Name of director:                         FWJ Kilbourn
Company:                                  City Lodge
Name of associate:                        The Claudia Kilbourn 2010 Trust
Relationship to director:                 Family member of the director who is a beneficiary of the trust
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Ordinary shares
Number of securities:                     44 200
Rights Offer price:                       R2.12
Total value of transaction:               R93 704.00
Extent of interest:                       Indirect beneficial

Name of director:                         FWJ Kilbourn
Company:                                  City Lodge
Name of associate:                        The James Kilbourn 2010 Trust
Relationship to director:                 Family member of the director who is a beneficiary of the trust
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Ordinary shares
Number of securities:                     44 200
Rights Offer price:                       R2.12
Total value of transaction:               R93 704.00
Extent of interest:                       Indirect beneficial

Name of director:                         FWJ Kilbourn
Company:                                  City Lodge
Name of associate:                        The Patrick Kilbourn 2010 Trust
Relationship to director:                 Family member of the director who is a beneficiary of the trust
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Ordinary shares
Number of securities:                     44 200
Rights Offer price:                       R2.12
Total value of transaction:               R93 704.00
Extent of interest:                       Indirect beneficial
                                             
Name of director:                         FWJ Kilbourn
Company:                                  City Lodge
Name of associate:                        SPP Endow for Doornbult Trust 2699742
Relationship to director:                 Endowment policy owned by a family trust
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Ordinary shares
Number of securities:                     69 979
Rights Offer price:                       R2.12
Total value of transaction:               R148 355.48
Extent of interest:                       Indirect beneficial

Name of director:                         AC Widegger
Company:                                  City Lodge
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Ordinary shares
Number of securities:                     2 624 726
Rights Offer price:                       R2.12
Total value of transaction:               R5 564 419.12
Extent of interest:                       Direct beneficial

Name of director:                         AC Widegger
Company:                                  City Lodge
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Restricted Shares
Number of securities:                     189 735
Rights Offer price:                       R2.12
Total value of transaction:               R402 238.20
Extent of interest:                       Direct beneficial

Name of director:                         L Siddo
Company:                                  City Lodge
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Ordinary shares
Number of securities:                     4 381
Rights Offer price:                       R2.12
Total value of transaction:               R9 287.72
Extent of interest:                       Direct beneficial

Name of director:                         L Siddo
Company:                                  City Lodge
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Restricted Shares
Number of securities:                     56 459
Rights Offer price:                       R2.12
Total value of transaction:               R119 693.08
Extent of interest:                       Direct beneficial

Name of company secretary:                MC van Heerden
Company:                                  City Lodge
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Ordinary shares
Number of securities:                     30 303
Rights Offer price:                       R2.12
Total value of transaction:               R64 242.36
Extent of interest:                       Direct beneficial

Name of company secretary:                MC van Heerden
Company:                                  City Lodge
Date of transaction:                      21 August 2020
Nature of transaction:                    Rights followed in terms of the Rights Offer
Class of securities:                      Restricted Shares
Number of securities:                     45 617
Rights Offer price:                       R2.12
Total value of transaction:               R96 708.04
Extent of interest:                       Direct beneficial

The required approval for the above dealings was obtained.

Johannesburg
24 August 2020

Sponsor
Nedbank Corporate and Investment Banking
Date: 24-08-2020 03:57:00
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