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ACCELERATE PROPERTY FUND LIMITED - Dealings in Securities by Directors

Release Date: 16/07/2018 17:30
Code(s): APF     PDF:  
Wrap Text
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 and the subsequent issue of ordinary shares
in the share capital of Accelerate (“Shares”) to Directors:

 Name of director:                      Dimitri Kyriakides
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market exercise of Awards and issue of Shares
 Class of securities:                   Ordinary shares
 Date of transaction:                   16 July 2018
 Number of securities:                  340 733 Shares
 Deemed price per security:             R5.38
 Total value of the transaction:        R1 833 143.54
 Extent of interest:                    Direct beneficial

 Name of director:                      John Paterson
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market exercise of Awards and issue of Shares
 Class of securities:                   Ordinary shares
 Date of transaction:                   16 July 2018
 Number of securities:                  556 628 Shares
 Deemed price per security:             R5.38
 Total value of the transaction:        R2 994 658.64
 Extent of interest:                    Direct beneficial

 Name of director:                      Andrew Costa
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market exercise of Awards and issue of Shares
 Class of securities:                   Ordinary shares
 Date of transaction:                   16 July 2018
 Number of securities:                  1 012 514 Shares
 Deemed price per security:             R5.38
 Total value of the transaction:        R5 447 325.32
 Extent of interest:                    Direct beneficial

 Name of director:                      Michael Georgiou
 Name of company:                       Accelerate
 Nature of transaction:                 Off-market exercise of Awards and issue of Shares
 Class of securities:                   Ordinary shares
 Date of transaction:                   16 July 2018
 Number of securities:                  1 012 514 Shares
 Deemed price per security:             R5.38
 Total value of the transaction:        R5 447 325.32
 Extent of interest:                    Direct beneficial

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


Fourways
16 July 2018

Sponsor
The Standard Bank of South Africa Limited

Date: 16/07/2018 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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