Finalisation announcement in respect of the General Offer
HOSPITALITY PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/014211/06)
Company code: HPAI
(Approved as a REIT by the JSE)
JSE share code: HPB
FINALISATION ANNOUNCEMENT IN RESPECT OF THE GENERAL OFFER
Unless otherwise defined, all capitalised terms have the same meanings as defined in the joint offer circular issued by the
Company and Tsogo Sun Hotels Limited, dated 21 October 2020 (“Circular”).
Hospitality shareholders (“Shareholders”) are referred to announcement by Hospitality on SENS on 17 December 2020 in respect
of the implementation of the General Offer. Shareholders are reminded that the General Offer is unconditional and the salient
dates and times in relation to the implementation of the General Offer are as detailed below.
Last day to trade to take up the General Offer Tuesday, 12 January 2021
Suspension of trading in Hospitality Wednesday, 13 January 2021
General Offer Record Date Friday, 15 January 2021
General Offer Closing Date. Dematerialised shareholders to communicate Friday, 15 January 2021
instructions to your CSDP or Broker by 12:00. Certificated shareholders to
submit forms by 12:00.
Last date on which General Offer participants are expected to have their Monday, 18 January 2021
accounts with their Broker or CSDP credited with the General Offer
Consideration, on or about
General Offer Payment Date Every Monday(1) during the General Offer
Expected last General Offer Payment Date Monday, 18 January 2021
Expected termination of the listing of the Hospitality Shares at commencement Tuesday, 19 January2021
of trade on the JSE
1. The General Offer Consideration will be settled by the Transfer Secretaries every Monday on the applicable General Offer
Consideration Payment Date which shall be within six (6) Business Days of acceptance. If the Offer Consideration Payment
Date is a public holiday, then settlement of the Offer Consideration will be made on the first Business Day following the public
Tsogo Sun Hotels Limited reserves the right to amend the above dates, including the General Offer Closing Date. Any such
amendments will be published on SENS.
The Independent Board accepts responsibility for the information contained in this announcement and confirm that to the best of
their respective knowledge and belief, the information set out herein is true and this announcement does not omit anything likely
to affect the importance of the information included.
21 December 2020
Legal adviser to Tsogo Sun Hotels and Hospitality
Edward Nathan Sonnenbergs Incorporated
Sponsor to Tsogo Sun Hotels and Transaction Sponsor to Hospitality
Investec Bank Limited
Date: 21-12-2020 10:47:00
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