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United Kingdom

Hospitality Property Fund Ltd (HPBJ.J)

HPBJ.J on Johannesburg Stock Exchange

955.00ZAc
14 Jun 2019
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279,051
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1,249.00
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825.00

Latest Key Developments (Source: Significant Developments)

Hospitality Property Fund Says Rob Nicolella To Step Down As CEO
Friday, 15 Mar 2019 

March 15 (Reuters) - Hospitality Property Fund Ltd ::ROB NICOLELLA WILL BE STEPPING DOWN AS CHIEF EXECUTIVE OFFICER.MARA DE LIMA WHO HAS BEEN CHIEF FINANCIAL OFFICER FOR PAST TWO YEARS WILL BE APPOINTED AS CEO.RIAAN ERASMUS WILL BE APPOINTED TO BOARD OF HOSPITALITY AS CFO TO REPLACE DE LIMA.JOHN COPELYN WILL STEP DOWN AS CHAIRMAN OF COMPANY.  Full Article

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