ACCELERATE PROPERTY FUND LIMITED - APF03 - Notification of a Partial Capital Reduction of Listed Debt Securities

APF03 - Notification of a Partial Capital Reduction of Listed Debt Securities

Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/015057/06)
Company code: APFE
(Approved as a REIT by the JSE)
Bond code: APF03
ISIN: ZAG000128497
(“Accelerate” or “the Issuer”)

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Accelerate’s ZAR 5,000,000,000.00 Domestic
Medium Term Note Programme dated 9 September 2014, bondholders are herewith advised of
the partial capital reduction of the APF03 notes.

Bond Code:                                                        APF03
ISIN:                                                             ZAG000128497
Effective Date:                                                   25 July 2018
Amount before Reduction:                                          ZAR 452 000 000.00
Reduction Amount:                                                 ZAR 169 500 000.00
Amount after Reduction:                                           ZAR 282 500 000.00

The partial capital reduction is due to repurchase of the listed debt securities of the Issuer.

23 July 2018

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 23/07/2018 01:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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