HOSPITALITY PROPERTY FUND LIMITED - Finalisation announcement and salient dates for Hospitalitys capital restructure

Finalisation announcement and salient dates for Hospitality’s capital restructure

HOSPITALITY PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/014211/06)
Share code for A linked units: HPA
ISIN for A linked units: ZAE000076790
Share code of B linked units: HPB
ISIN for B linked units: ZAE000076808
("Hospitality" or the "Company")

FINALISATION ANNOUNCEMENT AND SALIENT DATES FOR HOSPITALITY’S CAPITAL RESTRUCTURE

Unitholders are referred to the announcement released on SENS on 31 July 2015 wherein the salient dates and times in
respect of the proposed capital restructure of the Company as set out in the circular to unitholders issued on 1 July 2015
(the "capital restructure") were announced, as well as the announcement released on SENS on 21 August 2015
wherein unitholders were advised that all the ordinary and special resolutions proposed in respect of the capital
restructure at the general meetings of shareholders and debenture holders held on 21 August 2015 were approved by the
requisite majority of votes.

Unitholders are advised that the Companies and Intellectual Property Commission has confirmed that it has accepted
and placed on file (registered) the relevant documents required to effect the capital restructure. Furthermore, no
circumstances have arisen within the statutorily prescribed periods, that would have required the special resolutions
proposed in the various general meetings to approve the capital restructure, to be approved by the court in terms of
section 115(2)(c) of the Companies Act. As the capital restructure has now become unconditional in accordance with
its terms and the Takeover Regulation Panel has issued a compliance certificate in terms of section 119(4) of the
Companies Act, the capital restructure will be implemented as set out below:

                                                                                                                2015
Finalisation date announcement released on SENS                                               Wednesday, 9 September
Finalisation date announcement published in the press                                         Thursday, 10 September
Last day to trade in Hospitality linked units under the current ISIN number at the close
of business on                                                                                Thursday, 17 September
Suspension of Hospitality linked units on the JSE under the current ISIN number from
commencement of trade on                                                                        Friday, 18 September
Trading in no par value A shares on the JSE, under share code HPA and new ISIN
number ZAE000203022 commences and trading in no par value B shares on the JSE,
under share code HPB and new ISIN number ZAE000203030 commences, each at 09:00
on                                                                                              Friday, 18 September
Record date for the capital restructure                                                         Friday, 25 September
Termination of Hospitality linked units at the commencement of business on                      Monday, 28 September
Updating of dematerialised Hospitality shareholders’ accounts and posting of statements
to Hospitality shareholders who held certificated linked units prior to implementation of
the capital restructure                                                                         Monday, 28 September

Notes:
1.     All times quoted are local times in South Africa.
2.     In order to comply with the recently enacted Financial Markets Act, the no par value shares may only be issued
       pursuant to the capital restructure in dematerialised form. Certificated linked unitholders will therefore only
       receive statements (and not physical documents of title) and will be required to appoint a CSDP or broker so that
       dematerialised shares can be made available to them pursuant to the capital restructure.

Johannesburg
9 September 2015

Corporate advisor
JAVA CAPITAL

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Corporate law and tax advisor and trustee for the debenture holders
ENSafrica

Date: 09/09/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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