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HPAN / HPBN - Hospitality - Dealing In The Rights To Linked Units By Directors

Release Date: 18/10/2007 17:23
Code(s): HPA HPAN HPBN
Wrap Text

HPAN / HPBN - Hospitality - Dealing In The Rights To Linked Units By Directors HOSPITALITY PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/014211/06) Share code for Rights Offer A linked units: HPAN ISIN for Rights Offer A linked units: ZAE000105060 Share code of Rights Offer B linked units: HPBN ISIN for Rights Offer B linked units: ZAE000105078 ("Hospitality") DEALING IN THE RIGHTS TO LINKED UNITS BY DIRECTORS In terms of the Listings Requirements of the JSE Limited, the following information, relating to the dealing in securities by a director, is disclosed: Director: G A Nelson Company of which a director: Hospitality Nature of transaction: Sale of rights Extent of interest: An effective 22,4% indirect beneficial shareholding in Hospitality Property Fund Managers (Pty) Ltd, the entity which entered into the transaction Clearance given: Yes Details: ***************************************************************** Date of Share class Number of Selling Value of sale rights price sale sold ***************************************************************** 12/10/2007 Rights to B linked 14 576 R3.50 per R51 016,00 units in terms of a B linked rights offer by unit right Hospitality 16/10/2007 Rights to B linked 76 305 R2.50 B R190 762,50 units in terms of a linked rights offer by unit right Hospitality 16/10/2007 Rights to A linked 3 879 R0.40 per R1 551,60 units in terms of a A linked rights offer by unit right Hospitality 16/10/2007 Rights to A linked 9 697 R0.50 per R4 848,50 units in terms of a A linked rights offer by unit right Hospitality 17/10/2007 Rights to A linked 903 R0.35 per R316,05 units in terms of a A linked rights offer by unit right Hospitality 17/10/2007 Rights to A linked 63 853 R0.28 per R17 878,84 units in terms of a A linked rights offer by unit right Hospitality ***************************************************************** Director: Y Aminzadeh Company of which a director: Hospitality Nature of transaction: Sale of rights Extent of interest: An effective 46,6% indirect beneficial shareholding in Hospitality Property Fund
Managers (Pty) Ltd, the entity which entered into the transaction Clearance given: Yes Details: ***************************************************************** Date of sale Share class Number of Selling Value of rights price sale sold
**************************************************************** 12/10/2007 Rights to B linked units 14 576 R3.50 per B R51 016,00 in terms of a rights linked unit offer by Hospitality right
16/10/2007 Rights to B linked units 76 305 R2.50 B R190 in terms of a rights linked unit 762,50 offer by Hospitality right 16/10/2007 Rights to A linked units 3 879 R0.40 per A R1 551,60 in terms of a rights linked unit offer by Hospitality right 16/10/2007 Rights to A linked units 9 697 R0.50 per A R4 848,50 in terms of a rights linked unit
offer by Hospitality right 17/10/2007 Rights to A linked units 903 R0.35 per A R316,05 in terms of a rights linked unit offer by Hospitality right
17/10/2007 Rights to A linked units 63 853 R0.28 per A R17 878,84 in terms of a rights linked unit offer by Hospitality right ***************************************************************** Director: G A Nelson Company of which a director: Hospitality Extent of interest: An effective 10,6% indirect beneficial shareholding in Nobuntu Investments II (Pty) Ltd,
the entity which entered into the transaction Clearance given: Yes Details: **************************************************************** Date of Share class Number of Selling Value of sale sale rights sold price **************************************************************** 12/10/2007 Rights to B 3 311 365 R3.50 per R11 589 777,50 linked B linked units in unit right terms of a rights offer by Hospitality ***************************************************************** Johannesburg 18 October 2007 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 18/10/2007 17:23:47 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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