Inactive Instrument

Hospitality Property Fund Limited

Equities

HPB

ZAE000214656

Hospitality Property Fund Limited Announces Executive Changes, Effective 12 August 2015

May 25, 2015 at 09:20 am EDT

Hospitality Property Fund Limited announced that the company's financial director, who is also currently fulfilling the role of acting CEO, Mr. Ridwaan Asmal has announced that he will be resigning from the company effective 12 August 2015. Mr. Asmal has extended his notice period to ensure that the annual financial statements and the audit for the year end 2015 is completed during this period. The Board would like to record that Mr. Asmal's resignation is not linked to the investigation of misconduct and charges brought against the current suspended CEO of the company, but rather an opportunity for Mr. Asmal to pursue alternative interests in the hospitality sector.

Mr. Gerald Nelson, the former CEO of the company and currently a non-executive director, will make himself available as the acting CEO, if so required, pending the outcome of the disciplinary proceedings with Mr. Rogers.

Latest news about Hospitality Property Fund Limited

Hospitality Property Fund Limited Reports Earnings Results for the Full Year Ended March 31, 2022	22-07-28	CI
Tsogo Sun Hotels Limited completed the acquisition of additional 24.5% stake in Hospitality Property Fund Limited from Coronation Fund Managers Limited and other shareholders.	21-01-28	CI
Hospitality Property Fund Limited Reports Earnings Results for the Half Year Ended September 30, 2020	20-11-13	CI
Hospitality Property Fund Limited Announces Not Declare an Interim Dividend for the Six Months Ended 30 September 2020	20-11-10	CI
Hospitality Property Fund Limited entered into an agreement to acquire remaining 85% stake in Ash Brook Investments 72 Ltd.	20-11-09	CI
Hospitality Property Fund Limited acquired additional 80% stake in Vexicure Proprietary Limited from Pan-African Capital Holdings Ltd	20-11-09	CI
Hospitality Property Fund Limited Appoints Riaan Erasmus as the Debt Officer	20-10-30	CI
Hospitality Property Fund Limited Announces Executive Changes	20-10-20	CI
Hospitality Property Fund Limited Announces Executive Appointments	20-10-07	CI
Tsogo Sun Hotels Limited made an offer to acquire additional 24.5% stake in Hospitality Property Fund Limited from Coronation Fund Managers Limited and other shareholders for approximately ZAR 340 million.	20-09-29	CI
Tsogo Sun Hotels Limited agreed to acquire an additional 5.67% stake in Hospitality Property Fund Limited from the trustees of the HCI Foundation for approximately ZAR 100 million.	20-08-10	CI
Tsogo Sun Hotels Limited completed the acquisition of 7.98% stake in Hospitality Property Fund Limited.	20-07-27	CI
Tsogo Sun Hotels Limited entered into an agreement to acquire 7.98% stake in Hospitality Property Fund Limited for approximately ZAR 170 million.	20-07-19	CI
Tsogo Sun to buy additional shares in Hospitality Property Fund	20-07-03	RE
Hospitality Property Fund Limited Reports Earnings Results for the Full Year Ended March 31, 2020	20-05-29	CI
Hospitality Property Fund Limited Resolves Not to Declare Dividend for the Six Months Ended 31 March 2020	20-05-21	CI
Hospitality Property Fund Limited Reduces Rental Income Guidance for Fiscal Year 2021 and 2022	20-05-21	CI
Hospitality Property Fund Limited Approves Gross Dividend Payment for the Six Months Ended September 30, 2019, Payable on 17 December 2019	19-11-21	CI
Hospitality Property Fund Limited Reports Earnings Results for the Half Year Ended September 30, 2019	19-11-21	CI
Hospitality Property Fund Limited Appoints CC September as an Independent Non-Executive Director	19-08-16	CI
Hospitality Property Fund Limited Announces the Consolidated Audited Earnings Results for the Year Ended March 31, 2019	19-05-23	CI
Hospitality Property Fund Limited Approves Gross Dividend for the Six Months Ended 31 March 2019, Payable on 18 June 2019	19-05-23	CI
Hospitality Property Fund Limited Announces Management Changes	19-03-15	CI
Hospitality Property Fund Limited Announces Changes to the Board of Directors	18-11-28	CI
Hospitality Property Fund Limited Approves a Gross Dividend for the Six Months Ended 30 September 2018, Payable on 18 December 2018	18-11-21	CI

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Company Profile

Hospitality Property Fund specializes in owning and managing leisure facilities (primarily hotels and leisure centers). At the end of March 2019, the group's real estate portfolio, consisting of 53 assets, amounted, in market value, to ZAR 12 billion.

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