HOSPITALITY PROPERTY FUND LIMITED - Results of resolutions passed by Hospitality shareholders in terms of section 60 of the Companies Act, 2008 (Act)

Results of resolutions passed by Hospitality shareholders in terms of section 60 of the Companies Act, 2008 (“Act”)

HOSPITALITY PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/014211/06)
JSE share code: HPB   ISIN: ZAE000214656
(Approved as a REIT by the JSE)
(“Hospitality” or “the Company”)



RESULTS OF RESOLUTIONS PASSED BY HOSPITALITY SHAREHOLDERS IN TERMS OF SECTION 60 OF THE COMPANIES ACT, 2008 (“ACT”)


Shareholders are referred to the announcement released on SENS on 9 March 2017 regarding the submission to
shareholders of a special resolution approving the increase of the authorised share capital and a special resolution in
terms of section 41(3) of the Act authorising the Company to issue 30% or more of the Company’s ordinary shares
(collectively, “the resolutions”) in terms of section 60 of the Act.

Shareholders are advised that the resolutions were approved and adopted by the Company in terms of section 60(2) of
the Act. The voting results were as follows:

                                                  % of shares
                                            voted relative to
                                             the total number
Resolution                    Number of          of shares in
proposed                   shares voted2            issue 2,3                    For1                  Against1           Abstained1
Special
Resolution 1 -
Approval to                                                                                             134 739
increase the
authorised share                                                           298 712 352                    being
capital                     298 847 091                91.08%             being 99.95%                    0.05%                 Nil
Special
Resolution
number 2 -
Authorisation to
issue 30% or
                                                                                                      5 485 793
more of the
Company’s                                                                  293 361 298                    being
ordinary shares             298 847 091                91.08%             being 98.16%                    1.84%                 Nil

1.    In relation to the total number of shares voted.
2.    Including abstentions.
3.    Based on the number of shares in issue on 3 March 2017, being 328 132 663 shares (which excludes 2 377 256 ordinary shares, due to
      dissenting shareholder rights having been exercised).

Hospitality will deliver a statement in accordance with section 60(4) of the Act to shareholders in due course.


19 April 2017


Sponsor
Java Capital

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