| Thu 8 Dec 2016, 13:15 | | ACCELERATE PROPERTY FUND LIMITED - Directors' dealings in securities |
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APF 201612080029A
Directors' dealings in securities
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”)
DEALING IN SECURITIES BY DIRECTORS
In compliance with sections 3.63 to 3.74 of the JSE Listings Requirements, as a result of Accelerate
directors participating in the private placement of Accelerate shares announced on the Stock
Exchange News Service on 7 December 2016, shareholders are advised of the following dealings by
directors:
Name of director: Andrew Costa
Nature of transaction: Delivery of Accelerate ordinary shares following
the private placement of Accelerate shares
Number of shares: 17,213,114
Date of transaction: 8 December 2016
Price per share: R6.10
Total value of the transaction: R104,999,995.40
Nature of the transaction: Off-market
Nature of interest: Indirect beneficial
Clearance to deal obtained: Yes
Name of director: John Paterson
Nature of transaction: Delivery of Accelerate ordinary shares following
the private placement of Accelerate shares
Number of shares: 4,237,705
Date of transaction: 8 December 2016
Price per share: R6.10
Total value of the transaction: R25,850,000.50
Nature of the transaction: Off-market
Nature of interest: Indirect beneficial
Clearance to deal obtained: Yes
Name of director: Michael Georgiou
Nature of transaction: Delivery of Accelerate ordinary shares following
the private placement of Accelerate shares
Number of shares: 20,491,803
Date of transaction: 8 December 2016
Price per share: R6.10
Total value of the transaction: R124,999,998.30
Nature of the transaction: Off-market
Nature of interest: Indirect beneficial
Clearance to deal obtained: Yes
Fourways
8 December 2016
Investment Bank and Transaction Sponsor
Investec Bank Limited
Sponsor
The Standard Bank of South Africa Limited
Date: 08/12/2016 01:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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