CITY LODGE HOTELS LIMITED - Directors dealings in securities
CLH 201709120014A
Directors’ 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
DIRECTORS’ DEALINGS IN SECURITIES
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
Grant date: 1 September 2017
Acceptance date: 7 September 2017
Grant price: R136.11
Number of share appreciation
rights: 47,111
Deemed value of transaction: R6,412,278.21
Class of shares: Share appreciation rights
Nature of transaction: Off-market award and
acceptance of share
appreciation rights
Nature and extent of
Director’s interest in the
transaction: Direct beneficial
Director: A.C. Widegger
Office held: Financial Director
Name of company: City Lodge Hotels Limited
Grant date: 1 September 2017
Acceptance date: 11 September 2017
Grant price: R136.11
Number of share appreciation
rights: 30,245
Deemed value of transaction: R4,116,646.95
Class of shares: Share appreciation rights
Nature of transaction: Off-market award and
acceptance of share
appreciation rights
Nature and extent of
Director’s interest in the
transaction: Direct beneficial
Director: M.C. van Heerden
Office held: Group Company Secretary
Name of company: City Lodge Hotels Limited
Grant date: 1 September 2017
Acceptance date: 7 September 2017
Grant price: R136.11
Number of share appreciation
rights: 4,788
Deemed value of transaction: R651,694.68
Class of shares: Share appreciation rights
Nature of transaction: Off-market award and
acceptance of share
appreciation rights
Nature and extent of
Company Secretary’s
interest in the transaction: Direct beneficial
Share appreciation rights vest after three years provided
certain performance conditions in terms of the City Lodge
Hotels Limited Share Appreciation Right Scheme 2007 have
been met.
Approval for the individual allocations and prior clearance
to deal has been obtained in accordance with Section 3.66
of the JSE Listings Requirements.
Bryanston
12 September 2017
Sponsor
Nedbank Corporate & Investment Banking
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