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ACCELERATE PROPERTY FUND LIMITED - Posting of circular regarding Portside disposal

Release Date: 07/10/2025 12:56
Code(s): APF APF24 APF23     PDF:  
Wrap Text
Posting of circular regarding Portside disposal

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")


POSTING OF CIRCULAR REGARDING PORTSIDE DISPOSAL


Shareholders and noteholders are referred to the announcements released on SENS on 2 April 2025, 7
July 2025, 8 August 2025 and 28 August 2025 regarding the disposal by Accelerate of its proportionate
ownership in Portside Office Tower, which constitutes a category 1 transaction in terms of section
9.20(b) of the JSE Listings Requirements (the "Portside Transaction"), and are advised that Accelerate
has, on Tuesday, 7 October 2025 issued a circular (the "Circular") regarding the Portside Transaction.

A copy of the Circular is available on Accelerate's website at
https://www.acceleratepf.co.za/investorcentre/#Circulars

A General Meeting of Shareholders will take place at the registered offices of Accelerate (Cedar Square
Shopping Centre, Management Office, 2nd floor, Cnr Willow Ave and Cedar Rd, Fourways,
Johannesburg 2055) at 10:00 on Thursday, 6 November 2025 (or any other adjourned or postponed
date and time in accordance with the provisions of section 64(11) of the Companies Act and the MOI,
as read with the JSE Listings Requirements), to consider and if deemed fit, approve the Portside
Transaction.

The salient dates and times for the Portside Transaction are as follows:
                                                                                             2025
  Record date for determining which Shareholders will be entitled to
                                                                             Friday, 26 September
  receive the Circular
  Circular and notice of General Meeting posted to Shareholders and
                                                                               Tuesday, 7 October
  announcement released on SENS
  Last day to trade in order to be eligible to participate in and vote at
                                                                              Tuesday, 28 October
  the General Meeting
  Record date to be eligible to attend and vote at the General Meeting         Friday, 31 October
  Last day to lodge forms of proxy for the General Meeting by 10:00         Wednesday, 5 November
  General Meeting held at 10:00                                              Thursday, 6 November
  Results of the General Meeting released on SENS                            Thursday, 6 November

Notes:
1. All of the above dates and times are subject to change. Any changes made will be notified to
   Shareholders by release on SENS.
2. All times given in the Circular are local times in South Africa.
3. No dematerialisation or rematerialisation of Accelerate Shares may take between Wednesday,
   29 October 2025 and Friday, 31 October 2025, both days inclusive.

Fourways
7 October 2025

Equity and Debt Sponsor
Questco Corporate Advisory

Date: 07-10-2025 12:56:00
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