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Change to the board of directors

Published: 2025-07-14 15:45:30 ET
<<<  go to JSE:APF company page
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")


CHANGE TO THE BOARD OF DIRECTORS


In accordance with paragraphs 3.59 (b) and (c) of the JSE Listings Requirements, shareholders and
noteholders are informed that Mr Derick van der Merwe has resigned as a director of Accelerate (and
member of all relevant board committees) with effect from 11 July 2025 due to strategic differences.

The board wishes to thank Mr van der Merwe for his contribution to Accelerate over the years and
wishes him well in his future endeavours.

The board has initiated the process to identify a new Lead Independent Director.


Fourways
14 July 2025

Equity and Debt Sponsor




Questco Corporate Advisory