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United Kingdom

Hospitality Property Fund Ltd (HPBJ.J)

HPBJ.J on Johannesburg Stock Exchange

945.00ZAc
18 Jan 2019
Change (% chg)

-15.00 (-1.56%)
Prev Close
960.00
Open
945.00
Day's High
945.00
Day's Low
945.00
Volume
522
Avg. Vol
47,892
52-wk High
1,299.00
52-wk Low
825.00

Latest Key Developments (Source: Significant Developments)

Hospitality Property Fund HY HEPS Of 45.20 Cents
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Hospitality Property Fund Ltd ::DISTRIBUTION PER SHARE OF 41.22 CENTS FOR SIX MONTHS ENDED SEPTEMBER 2018.HY HEPS 45.20 CENTS.RENTAL INCOME FOR SIX MONTHS INCREASED BY 10% TO R345 MILLION (2017: R314 MILLION).HOTEL TRADING IS EXPECTED TO REMAIN UNDER PRESSURE UNTIL OUTLOOK FOR SOUTH AFRICAN ECONOMY IMPROVES.GROSS DIVIDEND PAYMENT NUMBER 27 OF 41.22343 CENTS PER SHARE FOR SIX MONTHS ENDED 30 SEPTEMBER 2018.ONGOING CAPITAL EXPENDITURE REQUIREMENTS WILL BE FUNDED PARTIALLY FROM DIVIDEND RETENTION & PARTIALLY FROM DEBT FACILITIES.  Full Article

Hospitality Property Fund Names Robert Nicolella As CEO
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Hospitality Property Fund Ltd ::APPOINTED ROBERT NICOLELLA AS AN EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER OF HOSPITALITY.APPOINTMENT FOLLOWS RESIGNATION OF KEITH RANDALL AS AN EXECUTIVE DIRECTOR AND CEO, EFFECTIVE 1 NOVEMBER 2018.KEITH RANDALL, WITH EFFECT FROM 1 NOVEMBER 2018, WILL STEP INTO ROLE OF CHIEF OPERATING OFFICER.  Full Article

Tsogo Sun Holdings Announces Disposal Of Casino Precinct Properties To Hospitality Property Fund
Monday, 9 Jul 2018 

July 9 (Reuters) - Tsogo Sun Holdings Ltd ::DISPOSAL OF CASINO PRECINCT PROPERTIES TO HOSPITALITY PROPERTY FUND AND WITHDRAWAL OF CAUTIONARY.DEAL FOR AN AGGREGATE PURCHASE CONSIDERATION OF R23 BILLION.UPON COMPLETION OF TRANSACTION, TSOGO WILL HOLD APPROXIMATELY 87% OF SHARES IN HOSPITALITY.TSOGO SUN - DEAL CONSIDERATION WILL BE SETTLED BY MERWAY, R3.17 BILLION WILL BE PAID TO SILVERSTAR, R19.84 BILLION PAID TO AKANI-EGOLI, TSKZN, TSC PRO RATA.  Full Article

Hospitality Property Fund says HY ‍rental income increased to 314 mln rand
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - HOSPITALITY PROPERTY FUND LTD ::‍DECLARED A DISTRIBUTION OF 27.09 CENTS PER SHARE FOR FOUR MONTHS ENDED 30 SEPTEMBER 2017​.‍RENTAL INCOME FOR SIX MONTHS TO SEPTEMBER INCREASED TO R314 MILLION​.‍RENTAL INCOME INCREASED BY 4% TO R314 MILLION ON SIX MONTHS TO DECEMBER 2016​.‍HEADLINE EARNINGS AND DILUTED HEADLINE EARNINGS PER SHARE OF 48.36 CENTS VERSUS 59.14 CENTS ​.  Full Article

Hospitality Property sees HY ‍total expected distribution between 39 and 45 cents ​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - HOSPITALITY PROPERTY FUND LTD ::‍TOTAL EXPECTED DISTRIBUTION FOR SIX MONTHS ENDED 30 SEPTEMBER 2017, BEING BETWEEN 39 AND 45 CENTS PER ORDINARY SHARE​.HOSPITALITY PROPERTY - ‍ON A LIKE-FOR-LIKE BASIS TO SEPTEMBER, DISTRIBUTION FOR CURRENT PERIOD WOULD HAVE INCREASED BY BETWEEN 31% AND 37% COMPARED TO SIX MONTHS ENDED 30 SEPT 2016​.  Full Article

Hospitality Property Fund's 9-month rental income increases to 499 mln rand
Wednesday, 24 May 2017 

May 24 (Reuters) - Hospitality Property Fund Ltd ::Says rental income for 9 months increased to 499 mln rand.Distribution per share for 9 months 101.01 cents.  Full Article

Tsogo Sun calls off casino and hotel sale

JOHANNESBURG, Nov 12 Tsogo Sun has called off its planned sale of seven casino and hotel businesses to Hospitality Property Fund due to a lack of support from shareholders, the South African company said on Monday.