CITY LODGE HOTELS LIMITED - Notification in terms of section 122(3) of the Companies Act and paragraph 3.83 of the JSE Listings Requirements
CLH 201710250016A
Notification in terms of section 122(3) of the Companies Act and paragraph 3.83 of the JSE Listings Requirements
CITY LODGE HOTELS LIMITED
(“City Lodge” or “the Company”)
(Reg. No. 1986/002864/06)
(Incorporated in the Republic of South Africa)
Share Code: CLH ISIN Code: ZAE000117792
NOTIFICATION IN TERMS OF SECTION 122 (3) OF THE COMPANIES
ACT AND PARAGRAPH 3.83 OF THE JSE LIMITED LISTINGS
REQUIREMENTS
In compliance with paragraph 3.83 of the JSE Limited
Listings Requirements and section 122 (3)(b) of the
Companies Act 71 of 2008 (“the Act”), shareholders are
advised that City Lodge has received formal notification in
accordance with section 122(1) of the Act from Aberdeen
Asset Managers Limited (“Aberdeen”) that funds and accounts
under the management of Aberdeen have, in aggregate,
decreased their beneficial interest in the securities of
the Company, such that the total interest in securities of
the Company held collectively by Aberdeen amounts to 4.60%
of the total number of securities in issue.
City Lodge has, as required by section 122 (3)(a) of the
Act filed the required notice with the Takeover Regulation
Panel.
Bryanston
25 October 2017
Sponsor
Nedbank Corporate & Investment Banking
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