TSOGO SUN HOLDINGS LIMITED - Hospitality Property Fund Limited Rights Offer
TSH 201707180010A
Hospitality Property Fund Limited Rights Offer
Tsogo Sun Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1989/002108/06)
Share code: TSH
ISIN: ZAE000156238
(“Tsogo Sun” or “the Company”)
HOSPITALITY PROPERTY FUND LIMITED (“HOSPITALITY”) RIGHTS OFFER
Shareholders of Tsogo Sun are referred to the announcements released by Hospitality on
Tuesday, 11 July 2017 and Thursday, 13 July 2017 relating to the proposed renounceable rights
issue to be undertaken by Hospitality (the “Hospitality Rights Offer”).
Shareholders of Tsogo Sun are advised that Southern Sun Hotels Proprietary Limited, a wholly-
owned subsidiary of the Company (“SSH”), has provided an irrevocable commitment to
Hospitality of R510 million to follow its rights in terms of the Hospitality Rights Offer. SSH has
also entered into an agreement with Hospitality to underwrite a further R235 million of the
Hospitality Rights Offer by the subscription of 16 768 140 Hospitality Rights Offer shares at a
price of R14.00 per share. SSH intends to renounce its rights to the HCI Foundation along with
the first R90 million underwritten rights, if any, such that the HCI Foundation will receive up to
R600 million worth of Hospitality nil paid letters.
Fourways
18 July 2017
Sponsor
Deutsche Securities (SA) Proprietary Limited
Date: 18/07/2017 09:30:00 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
