ACCELERATE PROPERTY FUND LIMITED - Resignation of Director
Resignation of Director
Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
Registration number 2005/015057/06
Share code: APF ISIN: ZAE000185815
Bond code: APFE
(“Accelerate” or “the Company”)
(Approved as a REIT by the JSE)
RESIGNATION OF DIRECTOR
Shareholders are advised that Dr Gert Cruywagen has resigned as an Independent
Non-executive Director of Accelerate due to ongoing work commitments, with effect from
2 October 2020. Dr Cruywagen also served as the Lead Independent Director, Chairman of
the Audit and Risk Committee, Chairman of the Investment Committee, and member of the
Nominations Committee.
Dr Cruywagen served on the Board of Accelerate since June 2013, and the Board expresses
its appreciation and gratitude to Dr Cruywagen for his valuable contribution and wise insights
provided during his tenure.
The Board is in the process of considering the appointment of additional Non-executive
Directors to the Board, with a particular focus on property and financial skills.
An announcement will be made regarding the replacement of Dr Cruywagen in the various
roles that he fulfilled, in due course.
Fourways
5 October 2020
Sponsor
The Standard Bank of South Africa Limited
Date: 05-10-2020 05:30:00
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