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 awards in terms of the rules of the Conditional Share Plan (“CSP”) and the subsequent issue of
ordinary shares in the share capital of Accelerate (“Shares”) to Directors:

 Name of director:                      Michael Georgiou
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market acceptance of an award of conditional Shares
 Date of transaction:                   25 June 2019
 Number of securities:                  1 341 114
 Class of securities:                   Ordinary shares
 Deemed price per security:             R3,18
 Total value of the transaction:        R4 264 743
 Extent of interest:                    Indirect beneficial

 Name of director:                      Andrew Costa
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market acceptance of an award of conditional Shares
 Date of transaction:                   25 June 2019
 Number of securities:                  1 341 114 Shares
 Class of securities:                   Ordinary shares
 Deemed price per security:             R3,18
 Total value of the transaction:        R4 264 743
 Extent of interest:                    Direct beneficial

 Name of director:                      John Paterson
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market acceptance of an award of conditional Shares
 Date of transaction:                   25 June 2019
 Number of securities:                  833 665 Shares
 Class of securities:                   Ordinary shares
 Deemed price per security:             R3,18
 Total value of the transaction:        R2 651 055
 Extent of interest:                    Direct beneficial

 Name of director:                      Dimitri Kyriakides
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market acceptance of an award of conditional Shares
 Date of transaction:                   25 June 2019
 Number of securities:                  398 710 Shares
 Class of securities:                   Ordinary shares
 Deemed price per security:             R3,18
 Total value of the transaction:      R1 267 898
 Extent of interest:                  Direct beneficial

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


Fourways
26 June 2019

Sponsor
The Standard Bank of South Africa Limited

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