ACCELERATE PROPERTY FUND LIMITED - Distribution of Circular and Notice of General Meeting2024/02/12 11:00:00
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Distribution of Circular and Notice of General Meeting ACCELERATE PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) Registration Number: 2005/015057/06 Share Code: APF ISIN: ZAE000185815 ('the Company' or 'APF') (Approved as a REIT by the JSE) DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING 1. INTRODUCTION Shareholders are referred to the announcement released on SENS on Monday, 6 November 2023 wherein shareholders were advised that APF has entered into a sale agreement to dispose of the Eden Meander Shopping Centre ('the Transaction'). 2. DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING 2.1 Accordingly, APF has today, 12 February 2024, distributed a circular to its shareholders incorporating a notice of general meeting relating to the Transaction. Copies of the circular are available on the Company's website at: www.acceleratepf.co.za/investorcentre/#Circulars 2.2 Notice is hereby given that the general meeting of APF shareholders will be held at 11:00 on Friday, 15 March 2024 (the 'General Meeting'), at Accelerate Property Fund's registered office in the main boardroom, Cedar Square Shopping Centre, Management Office, 2nd Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg, to consider, and if deemed fit, passing, with or without modification, the resolutions required to be approved by shareholders to authorise and implement the Transaction. 3. IMPORTANT DATES AND TIMES The salient dates and times relating to the circular and the General Meeting are set out below: 2024 Record date to be eligible to receive the notice of General Meeting Friday, 2 February Circular containing the notice of General Meeting and form of Monday, 12 February proxy posted to shareholders Last day to trade in order to be eligible to attend and vote at the Tuesday, 5 March General Meeting Record date to be eligible to attend and vote at the General Friday, 8 March Meeting Forms of proxy for the General Meeting, if lodged with the transfer Wednesday, 13 March secretaries, to be received by 11:00am on General Meeting at 11:00am on Friday, 15 March Results of General Meeting to be released on SENS Friday, 15 March Notes: 1. The dates and times set out in this announcement are subject to change with the approval of the JSE, if required. Any such change will be published on SENS. 2. All times given in this announcement are in South African Standard Time, unless otherwise stated. 3. Shareholders should note that, as trade in ordinary shares on the exchange operated by the JSE is settled in the electronic settlement system used by Strate Proprietary Limited, settlement of trades takes place three business days after the date of such trades. Therefore, Shareholders who acquire ordinary shares of APF on the JSE after the last day to trade, will not be eligible to vote at the General Meeting. 4. Dematerialised Shareholders, other than those with own-name registration, must provide their Central Securities Depository Participant ('CSDP') or broker with their instructions for voting at the General Meeting by the cut-off time and date stipulated by their CSDP or broker in terms of their respective custody agreements between them and their CSDP or broker. 5. A shareholder may submit a form of proxy at any time before the commencement of the General Meeting or hand it to the chairman of the General Meeting before the appointed proxy exercises any of the relevant shareholder rights at the General Meeting, provided that should a shareholder lodge a form of proxy with the transfer secretaries, by no later than 11:00 on Wednesday, 13 March 2024. Such shareholder will also be required to furnish a copy of such form of proxy to the chairman of the General Meeting before the appointed proxy/ies exercises any of such shareholder's rights at the General Meeting. 6. If the General Meeting is adjourned or postponed, forms of proxy submitted for the initial General Meeting will remain valid in respect of any adjournment or postponement of the General Meeting. Fourways 12 February 2024 Corporate Advisor and Transaction Sponsor: Bravura Capital (Pty) Limited Legal Advisors: Glyn Marais Inc. Date: 12-02-2024 11:00:00 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.