ACCELERATE PROPERTY FUND LIMITED Accelerate Property Fund Limited (Incorporated in the Republic of South Africa) Registration number: 2005/015057/06 Share code: APF
ISIN: ZAE000185815
Bond company code: APFE
("Accelerate" or "the Company") (Approved as a REIT by the JSE)
Dealings in Securities by Directors and Prescribed Officer
In compliance with sections 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 Awards in terms of the rules of the Conditional Share Plan ("CSP") and the subsequent issue of ordinary shares in the share capital of Accelerate ("Shares") to Directors:
Name of director: | Michael Georgiou |
Name of company: | Accelerate |
Nature of transaction: | Off-market acceptance of an award of conditional Shares |
Date of transaction: | 12 July 2022 |
Number of securities: | 1 769 231 |
Class of securities: | Ordinary shares |
Deemed price per security: | R1.05 |
Total value of the transaction: | R1 857 693,00 |
Extent of interest: | Direct beneficial |
Name of director: | Andrew Costa |
Name of company: | Accelerate |
Nature of transaction: | Off-market acceptance of an award of conditional Shares |
Date of transaction: | 12 July 2022 |
Number of securities: | 1 769 231 |
Class of securities: | Ordinary shares |
Deemed price per security: | R1.05 |
Total value of the transaction: | R1 857 693,00 |
Extent of interest: | Direct beneficial |
Name of director: | Dimitri Kyriakides |
Name of company: | Accelerate |
Nature of transaction: | Off-market acceptance of an award of conditional Shares |
Date of transaction: | 12 July 2022 |
Number of securities: | 1 307 692 |
Class of securities: | Ordinary shares |
Deemed price per security: | R1.05 |
Total value of the transaction: | R1 373 077.00 |
Extent of interest: | Direct beneficial |
Name of director: | Dawid Wandrag |
Name of company: | Accelerate |
Nature of transaction: | Off-market acceptance of an award of conditional Shares |
Date of transaction: | 12 July 2022 |
Number of securities: | 8 076 923 |
Class of securities: | Ordinary shares |
Deemed price per security: | R1.05 |
Total value of the transaction: | R8 480 769,00 |
Extent of interest: | Direct beneficial |
Name of prescribed officer: | Pieter Grobler |
Name of company: | Accelerate |
Nature of transaction: | Off-market acceptance of an award of conditional Shares |
Date of transaction: | 12 July 2022 |
Number of securities: | 269 231 |
Class of securities: | Ordinary shares |
Deemed price per security: | R1.05 |
Total value of the transaction: | R282 693.00 |
Extent of interest: | Direct beneficial |
Clearance for these transactions was obtained in terms of section 3.66 of the JSE Listings Requirements.
Fourways
12 July 2022
Sponsor
The Standard Bank of South Africa Limited
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Accelerate Property Fund Ltd. published this content on 11 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2022 15:13:03 UTC.
