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HOSPITALITY PROPERTY FUND LIMITED - Dealings in securities by an associate of directors of hospitality

Release Date: 18/08/2020 11:00
Code(s): HPB HPF11 HPF13 HPF12     PDF:  
Wrap Text
Dealings in securities by an associate of directors of hospitality

HOSPITALITY PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/014211/06)
JSE share code: HPB ISIN: ZAE000214656
Bond company code: HPAI
(Approved as a REIT by the JSE)
(“Hospitality” or “the Company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS OF HOSPITALITY


In terms of the Listings Requirements of the JSE Limited, the following information, relating to the dealings in 
securities by an associate of directors of Hospitality, are disclosed:

Name of associate:                                            Elsitime Proprietary Limited (“Elsitime”)
Name of directors and relationship to directors:              MN von Aulock, who is a director and 75% shareholder 
                                                              in Elsitime and L Mc Donald, who is a director and 25%
                                                              shareholder in Elsitime
Transaction date:                                             18 August 2020
Class of securities:                                          Ordinary shares
Number of securities:                                         559 746
Purchase price per security:                                  R2.60
Total value of transaction:                                   R1 455 339.60
Nature and extent of directors’ interests:                    Indirect beneficial
Nature of transaction                                         Off-market sale
Clearance obtained:                                           Yes


18 August 2020


Sponsor
Java Capital

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)

Date: 18-08-2020 11:00:00
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