May 17 (Reuters) - Tsogo Sun Holdings Ltd ::TSOGO SUN HOLDINGS LTD - FY REVENUE IS EXPECTED TO BE BETWEEN 16% AND 20% HIGHER (R1 575 MILLION AND R1 968 MILLION HIGHER).TSOGO SUN HOLDINGS LTD - FY ADJUSTED HEPS IS EXPECTED TO BE BETWEEN 3% AND 7% LOWER (6.0 CENTS AND 13.9 CENTS LOWER).TSOGO SUN - FY HEPS SEEN BETWEEN 17% AND 21% LOWER ( 38.2 CENTS AND 47.3 CENTS LOWER) COMPARED TO PRIOR COMPARATIVE PERIOD HEPS OF 225.2 CENTS.TSOGO SUN HOLDINGS LTD - APPOINTMENT OF DU TOIT AS EXECUTIVE DIRECTOR TO BOARD EFFECTIVE 1 JUNE 2019 AND AS CHIEF EXECUTIVE OFFICER.TSOGO SUN HOLDINGS LTD - RESIGNATION OF JG NGCOBO AS DIRECTOR FROM BOARD EFFECTIVE 31 MAY.
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March 15 (Reuters) - Tsogo Sun Holdings Ltd ::ANNOUNCEMENT IN RELATION TO THE LISTING AND UNBUNDLING OF TSOGO SUN HOTELS LIMITED.RESOLVED TO RESTRUCTURE TSOGO SUN HOTEL INTERESTS UNDER ONE HOLDING CO, BEING THL.RESOLVED TO PROCEED WITH SEPARATION OF TSOGO SUN AND THL, CULMINATING IN LISTING AND UNBUNDLING OF THL.SUBSEQUENT TO IMPLEMENTATION OF PROPOSED TRANSACTION, CO WILL COMPRISE ONLY OF GAMING DIVISION, BEING CASINO AND ALTERNATIVE GAMING OPERATIONS.INTENTION IS TO CHANGE NAME OF TSOGO SUN FROM "TSOGO SUN HOLDINGS LIMITED" TO "TSOGO SUN GAMING LIMITED" IN DUE COURSE.THL WILL ALSO HOLD GROUP'S MINORITY INVESTMENT IN RBH HOSPITALITY MANAGEMENT AND INTERNATIONAL HOTEL PROPERTIES.GROUP'S 59.2% INTEREST IN HOSPITALITY PROPERTY FUND LTD WILL REMAIN OWNED AND CONSOLIDATED BY THL.TSOGO SUN AND THL WILL ENTER INTO A SHARED SERVICES AGREEMENT WHICH WILL GOVERN CONTINUED AVAILABILITY OF ESSENTIAL SERVICES.COMPOSITION OF BOARD OF DIRECTORS OF THL WILL INCLUDE MARCEL VON AULOCK AS CEO AND LAURELLE MCDONALD AS CFO.COMPOSITION OF BOARD OF DIRECTORS OF THL WILL INCLUDE MARCEL VON AULOCK AS CEO AND LAURELLE MCDONALD AS CHIEF FINANCIAL OFFICER CFO.JOHN COPELYN WILL CHAIR THL BOARD.BOARD HAS RESOLVED TO APPOINT CHRIS DU TOIT AS CHIEF EXECUTIVE OFFICER-DESIGNATE, EFFECTIVE 01 JULY 2019.
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Nov 20 (Reuters) - Tsogo Sun Holdings Ltd ::HY ADJUSTED HEADLINE EARNINGS PER SHARE IS FLAT ON PRIOR PERIOD AT 78.8 CENTS.INTERIM DIVIDEND PER SHARE 132.0 CENTS.HY INCOME R7.7 BILLION UP 21%.HY EBITDAR R2.5 BILLION UP 14%.GIVEN WEAK STATE OF SA ECONOMY, MANY OF COMMODITY FOCUSED COUNTRIES IN WHICH GROUP OPERATES, TRADING IS EXPECTED TO REMAIN UNDER PRESSURE.REMAINS HIGHLY CASH GENERATIVE, CONFIDENT IN ACHIEVING ATTRACTIVE RETURNS FROM GROWTH STRATEGY ONCE MACRO-ECONOMIC ENVIRONMENT IMPROVES.PROPOSED SALE OF 7 CASINO PROPERTIES TO HOSPITALITY PROPERTY FUND DID NOT RECEIVE NECESSARY SHAREHOLDER SUPPORT, TRANSACTION TERMINATED.
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Nov 20 (Reuters) - Tsogo Sun Holdings Ltd ::JSE: TSH - TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2018.TSOGO SUN HOLDINGS LTD - HY REVENUE IS EXPECTED TO BE BETWEEN 19% AND 23% HIGHER (R1 213 MILLION AND R1 469 MILLION HIGHER).TSOGO SUN HOLDINGS LTD - HY ADJUSTED HEPS IS EXPECTED TO BE BETWEEN 2% LOWER AND 2% HIGHER (1.6 CENTS LOWER AND 1.6 CENTS HIGHER).TSOGO SUN HOLDINGS LTD - HY EPS IS EXPECTED TO BE BETWEEN 31% AND 35% LOWER (32.7 CENTS AND 36.9 CENTS LOWER).TSOGO SUN HOLDINGS LTD - HY HEPS IS EXPECTED TO BE BETWEEN 26% AND 28% LOWER (27.4 CENTS AND 29.5 CENTS HIGHER) COMPARED TO PRIOR COMPARATIVE PERIOD.TSOGO SUN - REVENUES AND EBITDAR FAVOURABLY IMPACTED BY ACQUISITION OF NIVEUS INVEST COMPRISING GALAXY BINGO, VUKANI SLOTS BUSINESSES IN 2017.
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Nov 12 (Reuters) - Tsogo Sun Holdings Ltd ::TSOGO SUN HOLDINGS LTD - NOTICE OF TERMINATION OF GENERAL MEETING.TSOGO SUN HOLDINGS LTD - HAD BECOME APPARENT THAT CASINO TRANSACTION AND UNBUNDLING DID NOT ENJOY SUPPORT OF SUFFICIENT SHAREHOLDERS.TSOGO SUN HOLDINGS LTD - NO RESOLUTIONS WERE PROPOSED FOR CONSIDERATION AT RECONVENED GENERAL MEETING AND MEETING TERMINATED.
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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.
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May 18 (Reuters) - Tsogo Sun Holdings Ltd ::REVENUE IS EXPECTED TO BE BETWEEN 5% AND 7% HIGHER COMPARED TO PRIOR COMPARATIVE PERIOD OF R13,222 MILLION IN FY.HEPS IS EXPECTED TO BE BETWEEN 5% AND 7% HIGHER COMPARED TO PRIOR COMPARATIVE PERIOD HEPS OF 212.4 CENTS IN FY.TSOGO SUN HOLDINGS - ADJUSTED HEPS IS EXPECTED TO BE BETWEEN 4% AND 6% LOWER COMPARED TO PRIOR COMPARATIVE PERIOD ADJUSTED HEPS OF 207.6 CENTS IN FY.
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Nov 22 (Reuters) - Tsogo Sun Holdings Ltd ::HY INCOME R6.4 BILLION UP 1%.HY ADJUSTED HEPS 78.8 CENTS DOWN 10%.INTERIM DIVIDEND PER SHARE 32.0 CENTS DOWN 6%.TSOGO SUN HOLDINGS LTD - EXCEPTIONAL LOSSES FOR SIX MONTHS OF R73 MILLION RELATE MAINLY TO PREOPENING COSTS OF R21 MILLION.TSOGO SUN HOLDINGS LTD - GROUP ADJUSTED HEADLINE EARNINGS FOR SIX MONTHS AT R754 MILLION ENDED 10% DOWN ON PRIOR PERIOD.
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Nov 13 (Reuters) - Tsogo Sun Holdings Ltd :TSOGO SUN HOLDINGS LTD - JOINT ANNOUNCEMENT OF FIRM INTENTION OFFER BY TSOGO TO ACQUIRE ENTIRE ISSUED SHARE CAPITAL OF GAMECO.TSOGO SUN HOLDINGS LTD - GAMECO SHAREHOLDERS WILL RECEIVE: - 1 ORDINARY TSOGO SHARE FOR EVERY 2.875 GAMECO SHARES.TSOGO SUN HOLDINGS LTD - GAMECO SHAREHOLDERS WILL RECEIVE 20% IN CONSIDERATION SHARES AND 80% OF R9.796 PER GAMECO SHARE IN CASH.
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Nov 10 (Reuters) - Tsogo Sun Holdings Ltd :HY REVENUE IS EXPECTED TO BE BETWEEN 0% AND 2% HIGHER COMPARED TO PRIOR COMPARATIVE PERIOD OF R6,294 MILLION.HY HEPS IS EXPECTED TO BE BETWEEN 22% AND 24% HIGHER ( 18.8 CENTS AND 20.5 CENTS HIGHER) COMPARED TO PRIOR COMPARATIVE PERIOD HEPS OF 85.6 CENTS.
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