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Release Date: 23/08/2019 17:30
Code(s): APF     PDF:  
Wrap Text
Change in Directorate

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)


1.      Shareholders of the Company are advised that John Paterson (John), an executive director of
        the Company, has resigned with effect from 23 August 2019.

2.      Consequently, John has also resigned from the following subsidiary and associate companies:
        (a) Wanooka Properties (Proprietary) Limited, (b) Parktown Crescent Properties (Proprietary)
        Limited, (c) Riqueza Properties One (Proprietary) Limited and (d) Pybus Sixty Two (RF)
        (Proprietary) Limited, and has also resigned as a member of the Social, Ethics and
        Transformation Committee.

3.      The board wishes him well in his future endeavours.

4.      Mr Demetrios Kyriakides, the Chief Financial Officer, has been appointed as a member of the
        Social, Ethics and Transformation Committee.

23 August 2019

The Standard Bank of South Africa Limited

Date: 23/08/2019 05:30:00
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