HOSPITALITY PROPERTY FUND LIMITED - Changes to the board of directors

Release Date: 07/09/2018 12:12
 
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Changes to the board of directors

HOSPITALITY PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/014211/06)
JSE share code: HPB  ISIN: ZAE000214656
Company code: HPAI
("Hospitality" or "the company")


CHANGES TO THE BOARD OF DIRECTORS

Shareholders and bondholders are advised that the board of directors of Hospitality (the "Board") 
has appointed Mr Robert Nicolella as an Executive Director and the Chief Executive Officer of Hospitality, 
following the resignation of Mr Keith Randall as an Executive Director and CEO, effective 1 November 2018.

The board is further pleased to announce that Mr Randall's skills and expertise will be retained by the company 
and with effect from 1 November 2018, he will step into the role of the Chief Operating Officer of Hospitality.

Mr Nicolella has served on the Board as a Non-Executive Director since 1 September 2016. Robert is a Chartered
Accountant (SA). He joined Hosken Consolidated Investments Limited ("HCI") in 2011. He serves on various 
subsidiary boards and currently heads up the HCI Properties business.

The Board thanks Keith for his contribution to the company during his tenure as CEO and welcomes Robert in his
new role.

7 September 2018


Sponsor
Java Capital




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