Page 68 - Profile's Stock Exchange Handbook - 2026 Issue 2

JSE - ACC Profile’s Stock Exchange Handbook: 2026 - Issue 2
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. The majority of the group’s property
fundamentals that support our strategy to build cities of the future. portfolio is centred in Gauteng, Limpopo and Mpumalanga.
SECTOR: RealEstate--RealEstate--REITS--Retail SECTOR: RealEstate--RealEstate--InvestmentServices--Holdings
NUMBER OF EMPLOYEES: 49 NUMBER OF EMPLOYEES: 453
DIRECTORS: Day J (ne), Mawela A (ind ne), Pydigadu D (ld ind ne), DIRECTORS: Kok M (ind ne), Osrin-Karp L (ind ne), Sekete Dr P D (ind ne),
Templeton J W A (Chair, ne), Schneider A (Joint CEO), De Lange M (CFO), Zarca H (Chair, ind ne), Anastasiadis K (CEO), van Rensburg C J (CFO)
Grobler P (Interim CFO), Fearnhead T J (ind ne), Madikizela K (ind ne) MAJOR ORDINARY SHAREHOLDERS as at 28 Feb 2025
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025 Fortutrax (Pty) Ltd. 75.96%
K2016336084 (South Africa) (Pty) Ltd. 45.65% The Papa’s Trust 4.92%
Investec 12.39% Koukoudis C 3.81%
RMB Holdings IBD Leverage Finance 6.82% POSTAL ADDRESS: PO Box 569, Wierda Park, 0149
POSTAL ADDRESS: Cedar Square Shopping Centre, 1st Floor, MORE INFO: www.sharedata.co.za/sdo/jse/ACS
Cnr Willow Avenue and Cedar Road, Fourways, 2055 COMPANY SECRETARY: M Reynolds
MORE INFO: www.sharedata.co.za/sdo/jse/APF TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
COMPANY SECRETARY: Margi Pinto SPONSOR: Merchantec Capital (Pty) Ltd.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. AUDITORS: Moore Johannesburg Inc.
SPONSOR: Questco (Pty) Ltd., Standard Bank of South Africa Ltd. CAPITAL STRUCTURE Authorised Issued
AUDITORS: PricewaterhouseCoopers Inc. ACS Ords no par val 10 000 000 000 394 959 976
CAPITAL STRUCTURE Authorised Issued DISTRIBUTIONS [ZARc]
APF Ords no par val 5 000 000 000 2 090 323 952 Ords no par val Ldt Pay Amt
DISTRIBUTIONS [ZARc] Interim No 10 15 Dec 25 22 Dec 25 22.00
Ords no par val Ldt Pay Amt Final No 9 15 Jul 25 21 Jul 25 20.00
Final No 13 19 Jul 22 25 Jul 22 21.98 LIQUIDITY: Apr26 Avg 23 876 shares p.w., R207 006.1(0.3% p.a.)
Interim No 12 28 Jan 20 3 Feb 20 16.13
LIQUIDITY: Apr26 Avg 3m shares p.w., R1.5m(7.5% p.a.)

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