JSE Sens

ACCELERATE PROPERTY FUND LIMITED - Distribution of Circular and Notice of General Meeting

2024/02/12 11:00:00

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                    Distribution of Circular and Notice of General Meeting

(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)



      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').


      2.1   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.


     The salient dates and times relating to the circular and the General Meeting are set out below:

     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
     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


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

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.

12 February 2024

Corporate Advisor and Transaction Sponsor: Bravura Capital (Pty) Limited

Legal Advisors: Glyn Marais Inc.

Date: 12-02-2024 11:00:00
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