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HPA HPB
HPA
HPA / HPB - Hospitality Property Fund - Rights offer finalisation announcement
Hospitality Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/014211/06)
Share code for A-linked units: HPA
ISIN for A-linked units: ZAE000076790
Share code for B-linked units: HPB
ISIN for B-linked units: ZAE000076808
("Hospitality" or "the company")
RIGHTS OFFER FINALISATION ANNOUNCEMENT
INTRODUCTION
Linked unitholders are referred to the announcements released on SENS between
18 August 2010 and 1 October 2010 in relation to the rights offer by Hospitality
("the rights offer") in terms of which Hospitality A-linked unitholders will be
offered a total of 21 030 043 rights offer A-linked units at an issue price of
R12.80 each in the ratio of 31.0492 rights offer A-linked units for every 100
A-linked units held by them on the record date for participation in the rights
offer and Hospitality B-linked unitholders will be offered a total of 21 030 043
rights offer B-linked units at an issue price of R10.50 each in the ratio of
31.0492 rights offer B-linked units for every 100 B-linked units held by them
on the record date for participation in the rights offer.
CONDITIONS PRECEDENT AND SALIENT DATES AND TIMES OF THE RIGHTS OFFER
Linked unitholders are advised that the rights offer circular, forms of
instruction and other documents have been registered with the Companies and
Intellectual Property Registration Office, as required by Section 146A of the
Companies Act (Act 61 of 1973).
Accordingly, all conditions precedent to the rights offer are now fulfilled.
The salient dates and times of the rights offer will be the same as those
published in the announcement released on SENS on Friday, 1 October 2010 and
published in the press on Monday, 4 October 2010.
8 October 2010
Lead transaction sponsor and corporate advisor
Java Capital
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Independent reporting accountants and auditors
KPMG Inc.
Legal advisor to Hospitality
Mkhabela Huntley Adekeye Inc.
Date: 08/10/2010 10:00:39 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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