Accelerate Property Fund Limited: Notification Of Partial Capital Reduction Of Listed Debt Securities

In accordance with the Terms and Conditions of Accelerate’s ZAR5,000,000,000 Domestic Medium Term Note Programme dated 9 September 2014, as amended and/or supplemented from time to time, noteholders are herewith advised of the partial capital reduction of the APF20 notes (“Note”) effective on 6 January 2025.
Bond Code: APF20
ISIN: ZAG000208315
Nominal amount before reduction: ZAR 179,000,000
Reduction in the nominal amount: ZAR 293,177
Remaining nominal amount in issue after the reduction: ZAR 178,706,823
The partial reduction is due to the distribution of proceeds following the disposal of an asset by Accelerate, in accordance with the terms and conditions of the Note, with the pay date of the redemption amount pursuant to the reduction being 6 January 2025.
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Accelerate Property Fund Limited
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