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CITY LODGE HOTELS LIMITED - Director's dealings in securities

Release Date: 26/09/2018 11:01
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:                      A.C. Widegger
Office held:                   Chief Executive Officer
Name of company:               City Lodge Hotels Limited
Date of transaction:           25 September 2018
Number of shares:              5,121
Price:                         R146.00
Value of transaction:          R747,666.00
Nature of Transaction:         On market sale of ordinary
                               shares to settle the tax
                               obligation      that     arose
                               following   the   vesting   on
                               4 September 2018 of bonus
                               shares   awarded   under   the
                               Restricted Share Plan 2011.
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
26 September 2018

Sponsor
Nedbank Corporate & Investment Banking

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