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

Release Date: 06/06/2018 12:11
Code(s): CLH     PDF:  
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
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.

6 June 2018

Nedbank Corporate & Investment Banking

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