HPA/ HPB - Hospitality Property Fund Limited - Tra
HPA HPB
HPA
HPA/ HPB - Hospitality Property Fund Limited - Trading Statement
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 of B linked units: HPB
ISIN for B linked units: ZAE000076808
("Hospitality")
TRADING STATEMENT
Shareholders are referred to the SENS announcement dated 20 September 2006
whereby shareholders were advised that the Company was adopting distributable
earnings per linked unit as the relevant criteria for trading statement
purposes.
In terms of the Listings Requirements of the JSE Limited ("JSE Listings
Requirements"), property entities are required to publish a trading statement as
soon as they become aware that the distribution for the period to be reported
upon next will differ by at least 15% from that of a profit forecast previously
provided to the market.
Hospitality`s linked unitholders are therefore advised that Hospitality`s
distributable earnings per B-linked unit for the period ended 31 December 2006
are expected to be between 15% and 17% higher than set out in the forecast
contained in the Prospectus issued on 23 January 2006 ("the Prospectus").
Unitholders are also advised that an increase in distributable earnings of
between 15% and 20% per B-linked unit can be expected for the year ending 30
June 2007 compared to that set out in the prospectus forecast.
The above information has not been reviewed or reported on by the Company`s
auditors and the Company`s results for the period ended 31 December 2006 are
expected to be released on or about Tuesday, 20 February 2007.
Johannesburg
13 February 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 13/02/2007 14:44:01 Produced by the JSE SENS Department.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
