ACCELERATE PROPERTY FUND LIMITED - APF16 - Notification of an Amended and Restated APS and Correction Announcement

APF16 - Notification of an Amended and Restated APS and Correction Announcement

Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/015057/06)
Company code: APFE
LEI: 378900D514788C447E45
(Approved as a REIT by the JSE)
Bond code: APF16 ISIN: ZAG000176967
("Accelerate")

NOTIFICATION OF AN AMENDED AND RESTATED PRICING SUPPLEMENT IN RESPECT OF THE APF16
NOTES AND CORRECTION ANNOUNCEMENT

Accelerate hereby notifies noteholders of the APF16 notes of the amended and restated pricing
supplement (the "amended and restated APS") effecting an amendment of the Maturity Date of the
notes from 7 August 2024 to 29 August 2024.

Defined words and expressions contained in this announcement will bear the same meanings as in
amended and stated APS.

A summary of the changes effected to the amended and stated APS is provided below:

•   An extension of the final maturity date from 7 August 2024 to 29 August 2024;
•   Updates to the "Last Day to Register", the "Books Close Period(s)", the "Floating Interest
    Payment Date(s)", the "Interest Period(s)" and the "Interest Determination Date(s)" sections of
    the amended and restated APS to give effect to this amendment; and
•   Other ancillary updates to give effect to this amendment.

This amended and restated APS is available through a secure electronic manner at the election of
the person requesting inspection and will be made available on Accelerate's website at:
https://www.acceleratepf.co.za/investorcentre/#CapitalMarkets.

Consequently, noteholders are referred to the announcement released on SENS on 31 July 2023 in
respect of the interest and capital payments due on the APF16 notes and advised that the capital
amount due will no longer be paid on 7 August 2024 due to the extension of the maturity date to 29
August 2024.

6 August 2024

Debt sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 06-08-2024 05:05:00
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