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ACCELERATE PROPERTY FUND LIMITED - Dealings in securities by directors

Release Date: 04/02/2019 17:45
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 (“Awards”) by executive directors of the Company (“Directors”) following the vesting
of the Retention Shares on 31 January 2019 in terms of the rules of the Conditional Share Plan and the
subsequent issuance of ordinary shares in the share capital of Accelerate (“Shares”) to Directors:

 Name of director:                      Andrew Costa
 Name of company:                       Accelerate
 Nature of transactions:                Off-market exercise of Awards and issue of Shares
 Date of transactions:                  31 January 2019 and 6 February 2019, respectively
 Number of securities:                  260 831 Shares
 Class of securities:                   Ordinary shares
 Price per security:                    R3.93
 Total value of the transaction:        R1 025 065.83
 Extent of interest:                    Direct beneficial

 Name of director:                      John Paterson
 Name of company:                       Accelerate
 Nature of transactions:                Off-market exercise of Awards and issue of Shares
 Date of transactions:                  31 January 2019 and 6 February 2019, respectively
 Number of securities:                  359 418 Shares
 Class of securities:                   Ordinary shares
 Price per security:                    R3.93
 Total value of the transaction:        R1 412 512.74
 Extent of interest:                    Direct beneficial

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


Fourways
4 February 2019

Sponsor
The Standard Bank of South Africa Limited

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