ACCELERATE PROPERTY FUND LIMITED - Dealings in Securities by Directors

Dealings in Securities by Directors

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
exercise of Awards by executive directors of the Company (“Directors”) following the vesting of the
Retention Shares on 31 January 2018 in terms of the rules of the Conditional Share Plan and the
subsequent issuance of ordinary shares in the share capital of Accelerate (“Shares”) to Directors:

 Name of director:                      Dimitri Kyriakides
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market exercise of Awards and issue of Shares
 Date of transaction:                   31 January 2018
 Number of securities:                  227 964 Shares
 Class of securities:                   Ordinary shares
 Price per security:                    R5.37
 Total value of the transaction:        R1 224 166.68
 Extent of interest:                    Direct beneficial

 Name of director:                      Andrew Costa
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market exercise of Awards and issue of Shares
 Date of transaction:                   31 January 2018
 Number of securities:                  455 927 Shares
 Class of securities:                   Ordinary shares
 Price per security:                    R5.37
 Total value of the transaction:        R2 448 327.99
 Extent of interest:                    Direct beneficial

 Name of director:                      John Paterson
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market exercise of Awards and issue of Shares
 Date of transaction:                   31 January 2018
 Number of securities:                  577 508 Shares
 Class of securities:                   Ordinary shares
 Price per security:                    R5.37
 Total value of the transaction:        R3 101 217.96
 Extent of interest:                    Direct beneficial

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


Fourways
5 February 2018

Sponsor
The Standard Bank of South Africa Limited

Date: 05/02/2018 05:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.