ACCELERATE PROPERTY FUND LIMITED - Change in beneficial interest
Change in beneficial interest
ACCELERATE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 2005/015057/06)
JSE code: APF ISIN code: ZAE000185815
Bond company code: APFE
LEI: 378900D514788C447E45
(REIT status approved)
("Accelerate" or "the Company")
NOTIFICATION OF CHANGE IN THE BENEFICIAL INTEREST IN ACCELERATE
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Act") and section
3.83(b) of the JSE Limited Listings Requirements, shareholders and noteholders are advised
that Accelerate has received formal notification on behalf of Investec Bank Limited ('Investec')
that Investec, pursuant to a lending arrangement, has acquired a beneficial interest in the
ordinary shares of the Company, such that the total beneficial interest in the ordinary shares
of the Company held by Investec is now 8.02% of the total issued ordinary shares of the
Company.
Accelerate hereby confirms that it has received the required notice from Investec in terms of
Section 122(1) of the Act. As required in terms of section 122(3)(a) of the Act, Accelerate has
filed the required notice with the Takeover Regulation Panel.
The board of directors of the Company accepts responsibility for the information contained in
this announcement having relied on the notice information as provided by Investec in the
Form TRP 121.1 and, to the best of their knowledge and belief, such information is true and
does not omit anything likely to affect the importance of such information contained herein.
Fourways
21 May 2024
Equity Sponsor
The Standard Bank of South Africa Limited
Debt Sponsor
Rand Merchant Bank, a division of FirstRand Bank Limited
Date: 21-05-2024 05:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
