City Lodge Hotels Limited - Grant Of Share Options To Directors
City Lodge Hotels Limited
`City Lodge`
(Reg. No. 1986/002864/06)
(Incorporated in the Republic of South Africa)
Share Code: CLH ISIN Code : ZAE000001483
GRANT OF SHARE OPTIONS TO DIRECTORS
In compliance with Rule 3.63 - 3.74 of the JSE Listings Requirements, the
following information is disclosed wherein share options have been awarded to
directors of City Lodge, namely Mr C Ross and Mr A Widegger on the following
terms:
Director: C Ross
Date of grant : 13 August 2004
Number of Options : 38 000
Strike Price : R28.40
Director: A Widegger
Date of grant : 13 August 2004
Number of Options : 23 000
Strike Price : R28.40
The share options may be exercised at various periods commencing August 2006.
In accordance with Section 3.66 of the JSE Listings Requirements prior clearance
has been obtained from Mr H Enderle, Chairman of the Board of City Lodge.
Johannesburg
16 August 2004
Sponsor
Cazenove
Date: 16/08/2004 03:34:51 PM Produced by the JSE SENS Department
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