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Acquisition of Casino Precincts: Posting of circular, revised listing particulars and notice of general meeting
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
(Approved as a REIT by the JSE)
("Hospitality" or "the company")
ACQUISITION OF CASINO PRECINCTS: POSTING OF CIRCULAR, REVISED LISTING PARTICULARS AND NOTICE OF GENERAL MEETING
Further to the announcement released on SENS on 7 September 2018, Hospitality shareholders are advised that the company will,
on Friday, 21 September 2018, post the following documents to shareholders:
- a circular relating to the acquisition by Hospitality through its wholly owned subsidiary, Merway, of the entire issued
share capital of Cassava Investments Proprietary Limited and Listed Investments Proprietary Limited from Tsogo Sun Holdings
Limited, which companies own seven mixed use casino precincts, for an aggregate purchase consideration of R23 billion (the
"transaction") which includes, inter alia:
- details and financial effects of the transaction;
- notice of a general meeting of shareholders; and
- Hospitality's revised listings particulars.
The circular (including notice of the general meeting of shareholders, detailed below) and the revised listings particulars are
available in electronic format on the company's website at http://www.hpf.co.za/investors/regulatory-documents.
A general meeting of shareholders will be held at 14:00 on Tuesday, 23 October 2018 at Palazzo Towers East, Ground Floor,
Montecasino Boulevard, Fourways, South Africa, for the purposes of considering and, if deemed fit, passing, with or without
modification, the resolutions necessary to approve and implement the transaction (the "general meeting")
SALIENT DATES AND TIMES
The salient dates and times relating to the transaction are as set out below.
2018
Record date to receive the circular, incorporating the notice of general meeting and the revised
listing particulars Friday, 14 September
Circular, incorporating the notice of general meeting and the revised listing particulars posted Friday, 21 September
Announcement relating to the issue of the circular, incorporating the notice of general meeting
and the revised listing particulars released on SENS Friday, 21 September
Announcement relating to the issue of the circular, incorporating the notice of general meeting
and the revised listing particulars published in the press Tuesday, 25 September
Last day to trade in order to be eligible to participate in and vote at the general meeting Tuesday, 9 October
Record date in order to vote at the general meeting Friday, 12 October
Last day to lodge forms of proxy for the general meeting with the transfer secretaries, by no
later than 14:00. Forms of proxy not lodged with the transfer secretaries in time may be
handed to the chairman of the general meeting immediately before the commencement
thereof. Friday, 19 October
The general meeting of Hospitality shareholders at 14:00 Tuesday, 23 October
Results of the general meeting released on SENS Tuesday, 23 October
Results of the general meeting published in the press Wednesday, 24 October
2019
Declaration announcement in respect of the clean-out dividend released on SENS Thursday, 31 January
Finalisation announcement in respect of the clean-out dividend released on SENS Friday, 15 February
Last day to trade on the JSE in order to be eligible for the clean-out dividend Tuesday, 26 February
Shares commence trading ex the clean-out dividend on the JSE Wednesday, 27 February
Conditions precedent expected to be fulfilled by Friday, 1 March
Clean-out dividend record date Friday, 1 March
Finalisation announcement in respect of the transaction released on SENS Friday, 1 March
Clean-out dividend payment date Monday, 4 March
Transaction implementation Friday, 8 March
Notes:
1. All dates and times in this circular are local dates and times in South Africa and are subject to change. Any changes will be
released on SENS and published in the press.
2. Hospitality shareholders are referred to page 2 of the circular for information on the action required to be taken by them.
3. Shares may not be dematerialised or rematerialised between Wednesday, 27 February 2019 and Friday, 1 March 2019, both
days inclusive.
4. The above dates and times are subject to change. Any changes will be released on SENS.
21 September 2018
Corporate advisor and sponsor to Hospitality
Java Capital
Date: 21/09/2018 11:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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