Informative Notice - 20200731 City Lodge Hotels Highly Dilutive Rights Issue Informative Notice City Lodge Hotels (South Africa): Highly Dilutive Rights Issue Informative Notice 31 July 2020 City Lodge Hotels (South Africa, ZAE000117792) have announced a 13 for 1 rights issue at ZAR 2.12 expected to trade ex-rights on 05 August 2020. In accordance with the index rules governing the treatment on highly dilutive rights issues, the newly enlarged capitalisation of the company (on a fully paid basis) will be reflected through the inclusion of a separate line for the new shares (based on market price) and a separate line (Dummy Call line) representing the value of the subscription price, until the new shares trade on an equivalent fully paid basis (pari passu) to the existing ordinary line. Therefore the market capitalisation of City Lodge Hotels will be made up of the existing Ordinary line, Nil Paid Rights Line and Dummy Call line. * City Lodge Hotels Ordinary line (ZAE000117792) will have an unchanged shares in issue figure of 43,573,893 and an unchanged investability weight of 83.053462769553%. * City Lodge Hotels Nil Paid Rights line (ZAE000288429) will have a shares in issue figure of 566,460,609and an investability weight of 83.053462769553%. * City Lodge Hotels Dummy Call line (DUMMY0000004) will have a shares in issue figure of 566,460,609 and an investability weight of 83.053462769553%. At the end of the subscription period on 18 August 2020 the Nil Paid Rights line and the Dummy Call line will be deleted and merged with the ordinary line effective 19 August 2020. For further information please contact FTSE Russell Client Services at info@ftserussell.com or call: Australia +1800 653 680 Hong Kong +852 2164 3333 Japan +81 3 4563 6346 London +44 (0) 20 7866 1810 New York +1866 551 0617 Alternatively please visit our website at www.ftserussell.com Terms of Use | Copyright © 2020 FTSE Russell Date: 31-07-2020 05:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.