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ACCELERATE PROPERTY FUND LIMITED - Dealings in securities

Release Date: 25/07/2019 17:30
Code(s): APF     PDF:  
 
Wrap Text
Dealings in securities

Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
Registration number: 2005/015057/06
Share code: APF
ISIN: ZAE000185815
(“Accelerate” or “the Company”)
(Approved as a REIT by the JSE)


Dealings in Securities by Directors

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited,
shareholders are hereby advised of the following dealings in securities of Accelerate pertaining to
the acceptance of awards by executive directors and the company secretary of the of the
Company, in terms of the rules of the Conditional Share Plan (“CSP”):

 Name of director:                      Michael Georgiou
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market acceptance of CSP awards
 Date of transaction:                   25 July 2019
 Number of securities:                  3 538 462
 Class of securities:                   Ordinary shares
 Deemed price per security:             R3,25
 Total value of the transaction:        R11 500 001.50
 Extent of interest:                    Direct beneficial

 Name of director:                      Andrew Costa
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market acceptance of CSP awards
 Date of transaction:                   25 July 2019
 Number of securities:                  3 538 462
 Class of securities:                   Ordinary shares
 Deemed price per security:             R3,25
 Total value of the transaction:        R11 500 001.50
 Extent of interest:                    Direct beneficial

 Name of director:                      John Paterson
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market acceptance of CSP awards
 Date of transaction:                   25 July 2019
 Number of securities:                  2 769 230
 Class of securities:                   Ordinary shares
 Deemed price per security:             R3,25
 Total value of the transaction:        R8 999 997.50
 Extent of interest:                    Direct beneficial

 Name of director:                      Dimitri Kyriakides
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market acceptance of CSP awards
 Date of transaction:                   25 July 2019
 Number of securities:                  2 615 384
 Class of securities:                   Ordinary shares
 Deemed price per security:             R3,25
 Total value of the transaction:        R8 499 998.00
 Extent of interest:                    Direct beneficial


 Name of company secretary:           Joanne Matisonn
 Name of company:                     Accelerate
 Nature of transaction:               Off-market acceptance of CSP awards
 Date of transaction:                 25 July 2019
 Number of securities:                61 538
 Class of securities:                 Ordinary shares
 Deemed price per security:           R3,25
 Total value of the transaction:      R199 998.50
 Extent of interest:                  Direct beneficial


Clearance for these transactions was obtained in terms of section 3.66 of the JSE Listings Requirements.


Fourways
25 July 2019

Sponsor
The Standard Bank of South Africa Limited

Date: 25/07/2019 05:30:00
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