To view the PDF file, sign up for a MySharenet subscription.

ACCELERATE PROPERTY FUND LIMITED - Update regarding the final dividend for the period 1 October 2016 to 31 March 2017

Release Date: 21/06/2017 17:30
Code(s): APF     PDF:  
Wrap Text
Update regarding the final dividend for the period 1 October 2016 to 31 March 2017

ACCELERATE PROPERTY FUND LIMITED
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration Number 2005/015057/06)
Share code: APF ISIN: ZAE000185815
(“Accelerate” or “APF”)

UPDATE REGARDING THE FINAL DIVIDEND FOR THE PERIOD 1 OCTOBER 2016 TO 31 MARCH 2017


In its financial results for the year ended 31 March 2017 announced on Wednesday, 14 June 2017,
Accelerate advised its shareholders that Accelerate intended offering shareholders a share re-
investment alternative in terms of which a shareholder would be entitled to elect to receive the final
dividend of 28.80469 cents per share (“Cash Dividend”) for the period 1 October 2016 to 31 March
2017, in return for APF shares (“DRIP”).

Shareholders are advised that Accelerate has decided not to proceed with the DRIP. Accordingly,
shareholders are advised that they will only be able to receive their dividend in cash.

The salient dates in respect of the Cash Dividend remain unchanged from those set out in the results
announcement.

Johannesburg
21 June 2017

Transaction Sponsor
Investec Bank Limited

Sponsor
The Standard Bank of South Africa Limited

Date: 21/06/2017 05:30:00 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.

Share This Story