To view the PDF file, sign up for a MySharenet subscription.

HPAN/HPBN - Hospitality - Take Up Of Linked Unit Rights In Terms Of A Rights

Release Date: 29/10/2007 16:10
Code(s): HPA HPAN HPBN
Wrap Text

HPAN/HPBN - Hospitality - Take Up Of Linked Unit Rights In Terms Of A Rights Offer By Hospitality 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") TAKE UP OF LINKED UNIT RIGHTS IN TERMS OF A RIGHTS OFFER BY HOSPITALITY 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: Take-up of rights Extent of interest: A Trustee and beneficiary of The Nelson Family Trust, the entity which entered into the transaction
Clearance given: Yes Details: Date of Share class Number of Selling Value of sale sale rights price take-up 29/10/2007 Rights to A 48 732 R12.86 per R626 693.52 linked units in A linked terms of a rights unit right
offer by Hospitality 29/10/2007 Rights to B 93 775 R18.58 B R1 742 339.50 linked units in linked
terms of a rights unit right offer by Hospitality Director: Y Aminzadeh Company of which a director: Hospitality Nature of transaction: Take-up of rights Extent of interest: A 100% indirect beneficial shareholding in Hotel Tourism and Leisure Asset Management
(Pty) Ltd, the entity which entered into the transaction Clearance given: Yes Details: Date of Share class Number Selling Value of sale sale of price rights sold
29/10/2007 Rights to A linked 9 618 R12.86 per R123 687.48 units in terms of A linked a rights offer by unit right Hospitality
29/10/2007 Rights to B linked 10 571 R18.58 B R196 409.18 units in terms of linked a rights offer by unit right Hospitality
Director: T E Sewell Company of which a director: Hospitality Extent of interest: Direct beneficial Clearance given: Yes Details: Date of Share class Number Selling Value of sale sale of price rights
sold 29/10/2007 Rights to A linked 10 443 R12.86 R134 296.98 units in terms of per A a rights offer by linked
Hospitality unit right 29/10/2007 Rights to B linked 12 113 R18.58 R225 059.54 units in terms of per A
a rights offer by linked Hospitality unit right Johannesburg 29 October 2007 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 29/10/2007 16:10:01 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.

Share This Story