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ACCELERATE PROPERTY FUND LIMITED - Dealing in securities

Release Date: 04/09/2024 17:02
Code(s): APF APF19 APF18 APF16 APF20     PDF:  
Wrap Text
Dealing in securities

ACCELERATE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 2005/015057/06)
JSE code: APF ISIN code: ZAE000185815
Bond company code: APFE
LEI: 378900D514788C447E45
(REIT status approved)
("Accelerate" or "the Company")

Dealings in Securities by Director

In compliance with paragraph 3.63 of the Listings Requirements of the JSE Limited ("JSE") and paragraph
6.42 of the JSE Debt Listings Requirements, shareholders and noteholders are hereby advised of the
following dealings in securities of Accelerate by a non-executive director of the Company ("Director"):

 Name of director:                      Michael Nicolas Georgiou
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market disposal pursuant to a lending arrangement
 Extent of interest:                    Indirect beneficial
 Date of transaction:                   29 August 2024
 Number of securities:                  158 046 750
 Class of securities:                   Ordinary shares
 Price per security:                    51,1807 cents (based on 5-day VWAP)
 Deemed value of transaction:           R80 889 433.00

No clearance to trade was required by the Director as he had no discretion on trading the shares
resulting from his funder exercising their security rights in terms of a lending agreement.


Fourways
04 September 2024

Equity Sponsor
The Standard Bank of South Africa Limited

Debt Sponsor
Rand Merchant Bank, a division of FirstRand Bank Limited

Date: 04-09-2024 05:02:00
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