Page 70 - Profile's Stock Exchange Handbook - 2026 Issue 1

JSE - ACC Profile’s Stock Exchange Handbook: 2026 - Issue 1
Accelerate Property Fund Ltd. Acsion Ltd.
ISIN: ZAE000185815 SHORT: ACCPROP CODE: APF ISIN: ZAE000198289 SHORT: ACSION CODE: ACS
REG NO: 2005/015057/06 FOUNDED: 2005 LISTED: 2013 REG NO: 2014/182931/06 FOUNDED: 2014 LISTED: 2014
NATURE OF BUSINESS: Accelerate is a JSE-listed REIT. Our local NATURE OF BUSINESS: Acsion is an investment entity incorporated
portfolio comprises retail, commercial and industrial assets and is in South Africa with interests in the property holding and
complemented by our single-tenant, long-term lease investments development industry. The company’s trade is limited to investment
in Austria and Slovakia. We differentiate ourselves by adopting activities and all of its operating activities are undertaken through
a nodal investment approach, underpinned by sound property its principal subsidiaries.
fundamentals that support our strategy to build cities of the future. SECTOR: RealEstate--RealEstate--InvestmentServices--Holdings
SECTOR: RealEstate--RealEstate--REITS--Retail NUMBER OF EMPLOYEES: 373
NUMBER OF EMPLOYEES: 0 DIRECTORS: Kok M (ind ne), Osrin-Karp L (ind ne), Sekete Dr P D (ind ne),
DIRECTORS: Day J (ne), Mawela A (ind ne), Pydigadu D (ld ind ne), Zarca H (Chair, ind ne), Anastasiadis K (CEO), van Rensburg C J (CFO)
Templeton J W A (Chair, ne), Schneider A (Joint CEO), De Lange M (CFO), MAJOR ORDINARY SHAREHOLDERS as at 28 Feb 2025
Grobler P (Interim CFO), Fearnhead T J (ind ne), Madikizela K (ind ne) Fortutrax (Pty) Ltd. 75.96%
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025 The Papa’s Trust 4.92%
K2016336084 (South Africa) (Pty) Ltd. 45.65% Koukoudis C 3.81%
Investec 12.39% POSTAL ADDRESS: PO Box 569, Wierda Park, 0149
RMB Holdings IBD Leverage Finance 6.82% MORE INFO: www.sharedata.co.za/sdo/jse/ACS
POSTAL ADDRESS: Cedar Square Shopping Centre, 1st Floor, COMPANY SECRETARY: M Reynolds
Cnr Willow Avenue and Cedar Road, Fourways, 2055 TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
MORE INFO: www.sharedata.co.za/sdo/jse/APF SPONSOR: Merchantec Capital (Pty) Ltd.
COMPANY SECRETARY: Margi Pinto AUDITORS: Moore Johannesburg Inc.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. CAPITAL STRUCTURE Authorised Issued
SPONSOR: Questco (Pty) Ltd., Standard Bank of South Africa Ltd. ACS Ords no par val 10 000 000 000 394 959 976
AUDITORS: PricewaterhouseCoopers Inc.
CAPITAL STRUCTURE Authorised Issued DISTRIBUTIONS [ZARc]
Ldt
Pay
Amt
APF Ords no par val 5 000 000 000 2 090 323 952 Ords no par val 15 Dec 25 22 Dec 25 22.00
Interim No 10
DISTRIBUTIONS [ZARc] Final No 9 15 Jul 25 21 Jul 25 20.00
Ords no par val Ldt Pay Amt LIQUIDITY: Jan26 Avg 29 049 shares p.w., R217 248.3(0.4% p.a.)
Final No 13 19 Jul 22 25 Jul 22 21.98
Interim No 12 28 Jan 20 3 Feb 20 16.13
LIQUIDITY: Jan26 Avg 3m shares p.w., R1.3m(6.9% p.a.)

FINANCIAL STATISTICS
Aug 25 Feb 25 Feb 24 Feb 23 Feb 22
(R million) Interim Final Final Final Final
FINANCIAL STATISTICS Operating Prft 696 2 223 1 520 1 187 570
Sep 25 Mar 25 Mar 24 Mar 23 Mar 22
(R million) Total Inc 713 2 252 1 535 1 191 575
Interim Final Final Final Final(rst) Attrib Inc 556 1 587 1 040 889 1 170
Turnover 430 760 819 856 912 TotCompInc/Loss 799 1 385 1 225 1 167 1 228
Op Inc 324 - 679 243 483 577 Ord UntHs Int 12 228 11 531 10 247 9 204 8 207
NetIntPd(Rcvd) 209 272 471 332 348 Investments 14 319 13 693 12 487 11 084 9 952
Minority Int - - - - - 1 FixedAss/Prop 831 851 814 932 737
Att Inc 49 - 1 270 - 625 - 601 62 Tot Curr Ass 1 226 890 655 520 379
TotCompInc/Loss 49 - 1 270 - 621 - 605 - 38 Total Ass 17 142 16 211 14 755 13 367 11 903
Fixed Ass 6 485 6 450 7 662 8 910 9 984 Tot Curr Liab 454 936 1 096 343 688
Tot Curr Ass 238 115 1 051 1 103 905 PER SHARE STATISTICS (cents per share)
Ord SH Int 3 796 3 651 4 732 5 353 5 948 HEPLU-C (ZARc) 95.00 139.00 107.00 120.31 105.49
LT Liab 3 718 2 920 1 070 2 062 3 928 DPLU (ZARc) 22.00 38.00 32.40 36.00 18.00
Tot Curr Liab 412 1 294 3 944 2 927 1 200 NAV (ZARc) 3 181.00 2 996.00 2 662.00 2 390.56 2 131.38
PER SHARE STATISTICS (cents per share) 3 Yr Beta 0.36 0.25 0.25 - 0.02 - 0.14
HEPS-C (ZARc) 5.01 - 58.24 - 20.34 17.45 38.19 Price Prd End 800 700 699 740 525
DPS (ZARc) - - - - 21.98 Price High 1 300 1 050 863 903 700
NAV PS (ZARc) 186.00 203.00 365.00 413.00 621.00 Price Low 105 537 450 401 331
3 Yr Beta 0.17 - 0.18 - 0.24 0.35 3.10 RATIOS
Price High 60 69 97 97 136 RetOnSH Funds 9.18 13.84 - 9.66 14.58
Price Low 34 40 43 75 56 RetOnTotAss 8.63 14.45 - 9.35 5.10
Price Prd End 39 51 48 80 105 Debt:Equity 0.15 0.16 0.18 0.20 0.14
RATIOS OperRetOnInv 9.18 15.29 - 9.87 5.33
Ret on SH Fnd 2.59 - 34.77 - 13.20 - 11.23 1.02 OpInc:Turnover 85.73 145.77 106.07 100.09 62.64
Oper Pft Mgn 75.46 - 89.28 29.63 56.34 63.24
D:E 0.98 1.03 0.94 0.84 0.77
Current Ratio 0.58 0.09 0.27 0.38 0.75
Div Cover - - - - 0.29
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