HOSPITALITY PROPERTY FUND LIMITED - Tsogo sun to acquire control of Hospitality : Update on salient dates and times

Release Date: 20/09/2016 17:45
Code(s): HPB HPA
 
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Tsogo sun to acquire control of Hospitality : Update on salient dates and times

HOSPITALITY PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/014211/06)
Share code for A shares: HPA
ISIN for A shares: ZAE000203022
Share code of B shares: HPB
ISIN for B shares: ZAE000203030
(Approved as a REIT by the JSE)
(“Hospitality” or “the company”)


TSOGO SUN TO ACQUIRE CONTROL OF HOSPITALITY : UPDATE ON SALIENT DATES AND TIMES


Shareholders are referred to the announcement released jointly by Tsogo Sun Holdings Limited (“Tsogo Sun”)
and Hospitality on 1 September 2016 and are advised that an announcement of the final dates and times for
implementation of the transaction in terms of which Tsogo Sun will acquire a controlling stake in Hospitality,
the restructure of Hospitality’s dual-class share capital structure to a single-class share capital structure and the
declaration of a clean-out dividend of an aggregate amount equal to Hospitality’s distributable profit as at
31 August 2016, will be released upon finalisation of the unaudited financial statements of Hospitality for the
period from 1 July 2016 to 31 August 2016. A further announcement in this regard will be made in due course.

20 September 2016

Corporate advisor and transaction sponsor to Hospitality
Java Capital

Corporate advisor and transaction sponsor to Tsogo Sun
Investec Bank Limited

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