Sharenet Sites 
Sharenet Sites
Extension 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
ISIN: ZAE000214656
(“Hospitality”)
EXTENSION 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 (“Tsogo Sun Hotels”), 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. In accordance with Takeover Regulation 103(1)(b)(i), Tsogo Sun Hotels has decided
to extend the General Offer Period until 29 January 2021.
The revised 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, 26 January 2021
Suspension of trading in Hospitality Wednesday, 27 January 2021
General Offer Record Date Friday, 29 January 2021
General Offer Closing Date. Dematerialised shareholders to communicate Friday, 29 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, 1 February 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
Period
Expected last General Offer Payment Date Monday, 1 February 2021
Expected termination of the listing of the Hospitality Shares at commencement Tuesday, 2 February 2021
of trade on the JSE
Notes:
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 holiday.
Tsogo Sun Hotels reserves the right to amend the above dates, including the General Offer Closing Date. Any such amendments
will be published on SENS.
As at 24 December 2020, Tsogo Sun Hotels had received acceptances in respect of 106 242 251 Hospitality Shares such that
the total interest in the ordinary shares of Hospitality held by Tsogo Sun Hotels now amounts to 93.8% of the total issued ordinary
shares of Hospitality.
The Independent Board and Tsogo Sun Hotels 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.
Fourways
28 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: 28-12-2020 02:27:00
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.
