Key Developments: Hospitality Property Fund Ltd (HPAJ.J)

HPAJ.J on Johannesburg Stock Exchange

18 Dec 2014
Price Change (% chg)

-135.00c (-8.57%)
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Latest Key Developments (Source: Significant Developments)

Hospitality Property Fund Ltd announces distribution payment number 17
Wednesday, 20 Aug 2014 11:48am EDT 

Hospitality Property Fund Ltd:Says unitholders will receive distribution payment number 17 for six-month period ended June 30 of 71.52 cents per A-linked unit and 14.20 cents per B-linked unit.Record date is Sept. 12.Pay date is Sept. 15.Linked units will trade ex-interest on Sept. 08.  Full Article

Hospitality Property Fund Ltd Announces Appointment Of Chairman
Wednesday, 3 Jul 2013 08:45am EDT 

Hospitality Property Fund Ltd announced that the Board of Directors announced that Mr Don Bowden will take up the position of Chairman from Mr Willy Ross, who assumed the role of Acting Chairman following Mr Frank Berkeley’s resignation in February 2012. As previously advised on February 20, 2013, Mr Gerald Nelson retired as Chief Executive Officer (CEO) from the Fund and remains on the board as a non-executive director. Mr Andrew Rogers (previously the deputy CEO of the Fund) has taken up the position of CEO. He will be assisted by Mr Ridwaan Asmal in his continuing role as Financial Director.  Full Article

Hospitality Property Fund Ltd's Subsidiary Announces Sale Agreement With Savana Property (Pty) Ltd
Wednesday, 17 Apr 2013 06:43am EDT 

Hospitality Property Fund Ltd announced that with reference to the earlier announcement, to the effect that HPF Properties (Pty) Ltd a wholly owned subsidiary of Hospitality, had entered into a Sale Agreement with Savana Property (Pty) Ltd (Savana or the seller) on December 14, 2012 to acquire a 78.2% share of Radisson Blu Gautrain and 53 parking bays for a combined purchase consideration of ZAR346.745 million. Propco has subsequently cancelled the Sale Agreement and has entered into a new sale agreement dated April 9, 2013 with Savana, to acquire 100% of the Radisson Blu Gautrain for a total purchase consideration of ZAR443,385 million.  Full Article

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