CITY LODGE HOTELS LIMITED - Renewal of cautionary announcement
Renewal of cautionary announcement
City Lodge Hotels Limited
(“City Lodge” or the “Company” or the “Group”)
(Reg. No. 1986/002864/06)
(Incorporated in the Republic of South Africa)
Share Code: CLH ISIN Code: ZAE000117792
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcements
released on SENS on 19 November 2020, 9 December 2020, 25
January 2021, 8 March 2021 and 22 April 2021 respectively, and
are advised that City Lodge continues to be in negotiations
associated with the unsolicited non-binding offer for the
proposed acquisition of the Company’s East African operations,
comprising of its hotels situated in Kenya and Tanzania.
The continued negotiations, if successfully concluded, may have
a material effect on the price of the Company’s securities and
shareholders are advised to continue to exercise caution when
dealing in the Company’s securities until a further announcement
is made.
Bryanston
4 June 2021
Sponsor
Nedbank Corporate & Investment Banking, a division of Nedbank
Limited
Date: 04-06-2021 03:30:00
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