CITY LODGE HOTELS LIMITED - Notification in terms of section 122(3) of the Companies Act and paragraph 3.83 of the JSE Listings Requirements
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 section 122(3)(b) of the Companies Act 71 of
2008 (“the Act”) and paragraph 3.83 of the JSE Limited Listings
Requirements, shareholders are hereby advised that City Lodge
has received formal notification in accordance with section
122(1) of the Act that clients of Ninety One SA (Pty) Ltd
(“Ninety One”) have, in aggregate, increased their interest in
the securities of the Company, such that the total interest in
the securities of the Company held by Ninety One, on behalf of
its clients, now amounts to 5.1884% 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.
23 September 2020
Bryanston
Sponsor
Nedbank Corporate and Investment Banking
Date: 23-09-2020 10:55:00
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