ACCELERATE PROPERTY FUND LTD - TRP 121: Notification of an acquisition of beneficial interest in securities

TRP 121: Notification of an acquisition of beneficial interest in securities

Accelerate Property Fund Limited
(formerly Encha Prime Investments Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2005/015057/06)
Share code: APF ISIN: ZAE000185815
(“Accelerate” or “the Company”)




  TRP 121: NOTIFICATION OF AN ACQUISITION OF BENEFICIAL INTEREST IN SECURITIES



In compliance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended (“the
Companies Act”), regulation 121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of
the Listings Requirements of the JSE Limited, Accelerate shareholders are hereby advised that as a
consequence of the private placing undertaken by Accelerate and the subsequent allocation of
shares, the Company has received the following notifications:

   -   the acquisition by Stanlib Asset Management (“Stanlib”) (on behalf of its clients) of an interest
       in the securities of the Company, such that Stanlib’s total beneficial interest (on behalf of its
       cients) in the Company amounts to 13% of the issued ordinary share capital of Accelerate;
       and
   -   the acquisition by Coronation Asset Management (Pty) Ltd (“Coronation”) (on behalf of its
       clients) of an interest in the securities of the Company, such that Coronation’s total beneficial
       interest (on behalf of its clients) in the Company amounts to 29.99% of the issued ordinary
       share capital of Accelerate.

As required in terms of section 122(3)(a) of the Companies Act, Accelerate has filed the required
notice with the Takeover Regulation Panel.


Johannesburg
18 December 2013

Sponsor:
KPMG Services Proprietary Limited

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