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 sections 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 award and acceptance thereof, by executive directors of the Company (“Directors”), of
conditional rights to ordinary shares in the share capital of Accelerate (“Shares”) 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 an award of conditional Shares
 Date of transaction:                   15 December 2017
 Number of securities:                  1 617 626 Shares (Vesting date: 1 April 2020)
 Class of securities:                   Ordinary shares
 Strike price per security:             n/a
 Total value of the transaction:        n/a
 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:                   15 December 2017
 Number of securities:                  1 617 626 Shares (Vesting date: 1 April 2020)
 Class of securities:                   Ordinary shares
 Strike price per security:             n/a
 Total value of the transaction:        n/a
 Extent of interest:                    Indirect 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:                   15 December 2017
 Number of securities:                  1 005 551 Shares (Vesting date: 1 April 2020)
 Class of securities:                   Ordinary shares
 Strike price per security:             n/a
 Total value of the transaction:        n/a
 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:                   15 December 2017
 Number of securities:                  524 635 Shares (Vesting date: 1 April 2020)
 Class of securities:                   Ordinary shares
 Strike price per security:             n/a
 Total value of the transaction:        n/a
 Extent of interest:                    Direct beneficial

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


Fourways
18 December 2017

Sponsor
The Standard Bank of South Africa Limited

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