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CLH
CLH
CLH - City Lodge Hotels Limited - 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: N. Medupe
Office held: Independent non-executive director
Name of company: City Lodge Hotels Limited
Date of transaction: 19 August 2010
Nature and value of
transaction: Off-market acquisition of a 40% interest in 10% of
the issued share capital of Vuwa Investments
(Proprietary) Limited, the sole shareholder of the
BEE special purpose vehicle which holds 2 556 185
ordinary shares constituting 6% of the issued
share capital of the Company, for an amount of R2
million.
Nature and extent of
Director`s interest in the
transaction: Indirect beneficial interest of 102,247 shares
Director: K.I.M. Shongwe
Office held: Independent non-executive director
Name of company: City Lodge Hotels Limited
Date of transaction: 19 August 2010
Nature and value of
Transaction: Off-market acquisition of a 60% interest in 10% of
the issued share capital of Vuwa Investments
(Proprietary) Limited, the sole shareholder of the
BEE special purpose vehicle which holds 2 556 185
ordinary shares constituting 6% of the issued
share capital of the Company, for an amount of R3
million.
Director`s interest in the
transaction: Indirect beneficial of 153,371 shares
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
19 August 2010
Sponsor
J.P. Morgan Equities Limited
Date: 19/08/2010 15:48:02 Produced by the JSE SENS Department.
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