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23-Feb-2018
(Official Notice)
Shareholders are referred to the interim results published on SENS on 23 February 2018 and are further advised that the announcement included an error in the condensed consolidated statement of comprehensive income. The loss attributable to ordinary shareholders of (1 755) thousand was incorrectly stated as a profit (parenthesis were excluded). For clarification please see the corrected extract of the condensed consolidated statement of comprehensive income:



Reconciliation of headline and normalised earnings (R'000)

(Loss)/profit for the year attributable to ordinary shareholders: (1 775) 3 461 917

(Profit)/loss on disposal of property, plant and equipment- net of taxation: - 4 46

Headline earnings for the year attributable to ordinary shares: (1 775) 3 465 963
23-Feb-2018
(C)
Revenue for the interim period lowered to R157.3 million (2016: R159.3 million), gross profit decreased to R70 million (2016: R73 million), loss for the period came in at R1.8 million (2016: profit of R3.5 million), while headline loss per share was 1.31 cents per share (2016: headline earnings of 2.66 cents per share).



Dividend

The board deems it prudent not to declare a dividend.



Company outlook

Shareholders will be aware that the flooring division has, and continues to be the largest contributor to the group. A strategic decision has been made to continue with the expansion of the flooring portfolio and this will be supported through possible acquisitions, increasing market presence and marketing.



These commitments, coupled with the five strategic imperatives discussed in the year-end results commentary of 30 June 2017 which include inter alia (a) transformation, (b) support for the chemical expansion strategy and (c) implementation of the water strategy - remain in place for the management team to achieve.



Although Accentuate is excited about the prospects identified, together with a clear implementation plan, we do anticipate that the local economy will remain under pressure for the remainder of the financial period. We are, however, cautiously optimistic for the remainder of the calendar year and excited about future opportunities that a change in leadership and confidence in the South African economy will bring. A slight increase in activity is already visible.



The dire water situation in the Western Cape and other parts of South Africa, has elevated the topic of water as a scarce but vital commodity. The recent media coverage received on this topic has led to the possibility of interesting new water projects, including possible acquisitions and large projects that may be pursued in the future.
21-Feb-2018
(Official Notice)
A review of the financial results for the six months ended 31 December 2017 by management has indicated that the earnings per share and headline earnings per share are expected to be between (1.33) cents and (1.29) cents, compared to the earnings per share of 2.65 cents and a headline earnings per share of 2.66 cents for the six months ended 31 December 2016.



Accentuate?s interim financial results are expected to be released on SENS on 23 February 2018.
24-Nov-2017
(Official Notice)
Accentuate shareholders are advised that at the annual general meeting (?AGM?) of shareholders held on Monday, 24 November 2017, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy. The number of Accentuate shares voted in person or by proxy was 98,770,801 representing 72.84% of the total issued share capital that can be exercised at the AGM.

23-Oct-2017
(Official Notice)
Shareholders are referred to the announcement published on 15 May 2017 regarding the acquisition by Accentuate of the entire issued share capital of Pentafloor (Pty) Ltd. Shareholders are advised that the conditions precedent for the transaction have been finalised and the transaction is now unconditional.



The initial settlement of the purchase price is an amount of R20 million, on which settlement shall be made by way of R16 million cash and Accentuate shares amounting to R4 million at 75 cents per share.
29-Sep-2017
(Official Notice)
Shareholders are advised that the company?s audited annual financial statements for the year ended 30 June 2017, reflected in the integrated annual report are unchanged from the unaudited provisional results released on SENS on 29 September 2017. Shareholders are also advised that the audited annual financial statements for the year ended 30 June 2017 are electronically available on Accentuate?s website www.accentuateltd.co.za. Furthermore, the summarised unaudited financial information for the year ended 30 June 2017; the Notice of the Annual General Meeting which will take place on Friday, 24 November 2017 at 10:00 at the registered office of Acc?ntuate, 32 Steele Street, Steeledale, 2197; and the Form of Proxy will be posted to shareholders who indicated receipt of information in this format.



Notice is hereby given that the annual general meeting of Accentuate shareholders will be held on Friday, 24 November 2017 at 10:00.



The notice of the company?s annual general meeting will be sent to shareholders who were recorded as such in the company?s securities register on Friday, 22 September 2017 being the notice record date used to determine which shareholders are eligible to receive notice of the annual general meeting.



Accordingly, the last day to trade in order to be registered in the register of members of the company and therefore be eligible to participate in and vote at the annual general meeting is Tuesday, 14 November 2017.



In terms of section 59(1)(b) of the Companies Act, the record date for purposes of determining which shareholders of the company are entitled to participate in and vote at the annual general meeting, is Friday, 17 November 2017.

Proxy forms must be lodged by no later than 10:00 on Wednesday, 22 November 2017. Any forms of proxy not lodged by this time must be handed to the chairperson of the annual general meeting at any time before the appointed proxy exercises any shareholder rights at the annual general meeting.
29-Sep-2017
(C)
Revenue for the year lowered to R300 million (2016: R322.7 million), gross profit decreased to R126.6 million (2016: R162.1 million), operating profit before finance costs turned around to R2.9 million (2016: loss of R23.6 million), while profit for the period came in at R917 000 (2016: loss of R29.4 million). Furthermore, headline earnings per share fell to 0.74 cents per share (2016: 6.32 cents per share).



Dividend

The board deems it prudent not to declare a dividend.



Company prospects

Although 2016/2017 has been a particularly challenging year from a market perspective, we remain positive that macro-economic factors will eventually turn more positive into 2018. With a strong control environment in place, strategies have been interrogated to ensure sustainability and cost-saving initiatives are maintained. This positions Accentuate positively for implementation of its set ambitious growth objectives. The economic environment may be hampered by poor growth and a political overhang going forward.



We are confident that these interventions embarked on during the year will ensure a strong and sustainable base on which the company can execute its expansion and diversified growth strategies.
27-Sep-2017
(Official Notice)
The board of directors of the company (?the board?) hereby advises shareholders that in terms of International Accounting Standard 36 Impairment of assets of the International Financial Reporting Standards it is required that impairment reviews on goodwill should be conducted on an annual basis. The company performed impairment calculations in which the recoverable amounts of the fixed assets were based on value in use principles.



Furthermore, the impairment calculation was performed on identified cash generating units in the Group, namely Floorworx and Safic. The board has been advised by its new auditors that in the presentation of its results for the twelve months ended 30 June 2016, the cash flows utilised to perform the impairment calculations did not include head office management fees allocated to the cash generating units by Accentuate Management Services. The exclusion of the management fees is an error that requires a restatement of the result of the prior year.



The effect of the above on the 30 June 2016 results after restatement for the impairment of goodwill is detailed in the relevant SENS note.



Trading statement

Earnings per share is expected to be between 0.65 cents and 0.75 cents per share and headline earnings per share is expected to be between 0.70 cents and 0.80 cents per share. The corresponding period reflected a restated loss in earnings per share of 24.77 and unadjusted headline earnings per share of 6.32 cents.



Accentuate?s year end financial results are expected to be released on SENS on 29 September 2017.
08-Aug-2017
(Official Notice)
Shareholders are referred to the cautionary announcement dated 27 June 2017 and are advised that as negotiations have been terminated, caution is no longer required to be exercised by shareholders when dealing in their securities.
11-Jul-2017
(Official Notice)
In accordance with paragraph 16.20(g) and Appendix 1 to Section 11 of the JSE Listings Requirements, notice is hereby given that the Company?s annual compliance report prepared pursuant to section 13G(2) of the Act has been published and is available on the Company?s website at www.accentuateltd.co.za.

27-Jun-2017
(Official Notice)
Shareholders are referred to the cautionary announcement published on 16 May 2017 where it was advised that the Company is still in discussions which, if successful, may have a material effect on the price of the Company?s securities. Shareholders are advised that these discussions are still ongoing and the Company is making good progress towards reaching conclusion. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities.
16-May-2017
(Official Notice)
Accentuate shareholders are referred to the cautionary announcement published on 23 February 2017 and 5 April 2017 where it was advised that the company had entered into discussions which, if successful, may have a material effect on the price of the company's securities.



Even though Accentuate announced the conclusion of a binding Heads of Agreement to acquire the entire shareholding of Pentafloor (Pty) Ltd. on 15 May 2017, the company is still in ongoing discussions relating to other potential transactions that could have a material impact on the company?s securities.



Shareholders are advised to continue exercising caution when dealing in the company's securities until a future announcement is made.
15-May-2017
(Official Notice)
18-Apr-2017
(Official Notice)
The board of directors of Accent (?the Board?) advised shareholders that Paresh Dayah has resigned as company secretary of the Company with effect from 18 April 2017.



Shareholders are further notified that Juba Statutory Services represented by Sirkien van Schalkwyk has been appointed as company secretary of Accentuate with effect from 18 April 2017.
05-Apr-2017
(Official Notice)
Shareholders are referred to the cautionary announcement published on 23 February 2017 where it was advised that the company had entered into discussions which, if successful, may have a material effect on the price of the company?s securities.



Consequently, shareholders are advised that these discussions are still ongoing and the company is making good progress towards reaching a conclusion. Accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities.
27-Feb-2017
(C)
Revenue for the interim period lowered to R159.3 million (R173.0 million) and gross profit also decreased to R73.0 million (R87.4 million). Operating profit took a knock to R6.1 million (R10.8 million). Profit and total comprehensive income attributable to owners slipped to R3.5 million (R6.8 million). In addition, headline earnings per share fell to 2.66cps (5.75cps).



Dividend

The board deems it prudent not to declare an interim dividend.



Prospects

Management believes that the extended lag in the implementation of government infrastructure projects, particularly in transitioning metros, is over. However, although some infrastructure spending decisions are imminent and the pipeline for FloorworX is looking somewhat improved, the financial pressures within the fiscus are still resulting in a number of planned projects not being undertaken.



For some time Accentuate was prohibited from achieving a level of growth the market would have liked to see. Most of the factors which contributed to this are now behind the group and management look forward to notifying the market of exciting developments as the company designs a new way forward.



Management is taking active steps to grow the businesses to ensure critical mass is achieved, particularly in the chemicals and water treatment sectors. The growth path identified will be elaborated on as soon as possible, with the main objective being to position Accentuate against the vulnerability of reduced spend by government on infrastructure and upgrade projects.



Volatility will be further smoothed out and with a change in focus of the flooring business to access export markets as well as further expansion into new product ranges, exposure to the private sector will increase. Notwithstanding, the FloorworX manufacturing facility is structured to quickly ramp up local manufacturing should this be required for large public sector projects.
23-Feb-2017
(Official Notice)
A review of the financial results for the six months ended 31 December 2016 by management has indicated that the earnings per share and headline earnings per share are expected to be between 3.0 cents and 2.35 cents, reflecting a decrease of between 48% and 59% compared to the earnings per share and headline earnings per share of 5.75 cents for the six months ended 31 December 2015.



The financial information on which this trading statement is based has not been reviewed or reported on by the Company?s auditors. Accentuate?s interim financial results are expected to be released on SENS on 27 February 2017.



Cautionary announcement

Accentuate shareholders are also advised that the Company has entered into discussions which, if successful, may have a material effect on the price of the Company?s securities.



Currently the majority of Accentuate?s revenue is derived from the flooring division and management are of the opinion that within the chemical blending and water business additional critical mass is required. Management is in the process of taking active steps to ensure this critical mass is achieved.



Shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement is made.

02-Feb-2017
(Official Notice)
Accentuate shareholders are advised of the following change to the board of directors of the Company (?the Board?).



The board announces the appointment of Mr Maarten Coetzee as executive financial director with effect from 1 February 2017.



Christopher John Povall and Maarten are available to Accentuate during the months of February and March as a hand-over period.



21-Nov-2016
(Official Notice)
Shareholders are advised that Mr Ockert Johan Goosen (?Ockert?) has been appointed as an alternate Director of Accentuate to Mr Mathys du Preez with effect from 18 November 2016.
14-Nov-2016
(Official Notice)
Accentuate shareholders are advised that at the annual general meeting (?AGM?) of shareholders held on Monday, 14 November 2016, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy.



The number of Accentuate shares voted in person or by proxy was 111 070, 620 representing 82.86% of the total issued share capital of Accentuate shares for all of the ordinary and special resolutions.



10-Oct-2016
(Official Notice)
Shareholders are advised that the Company`s audited annual financial statements for the year ended 30 June 2016, reflected in the integrated annual report are unchanged from the audited results released on SENS on 28 September 2016. The integrated annual report is available on Accentuate?s website, http://www.accentuateltd.co.za/



Notice is hereby given that the annual general meeting of Accentuate will be held at 10:00 on Monday, 14 November 2016 at the offices of Accentuate Business Park, 404 Southern Klipriviersberg Road, Steeledale, Johannesburg. The record date on which shareholders must be registered in the Company's share register in order to attend, participate and vote at the annual general meeting is Friday, 4 November 2016. The notice of annual general meeting is issued with the integrated annual report, which contains the annual financial statements of Accentuate for the year ended 30 June 2016.

28-Sep-2016
(C)
Revenue for the year increased to R322.7 million (2015: R318.6 million). Gross profit was recorded at R162.1 million (2015: R158 million). Operating profit rose to R13.4 million (2015: R3 million). Total comprehensive income attributable to owners of the parent soared to R7.5 million (2015: R59 000). Furthermore, headline earnings per share were higher at 6.32 cents per share (2015: 0.05 cents per share).



Dividend

The Acc?ntuate board deemed it prudent not to declare a dividend.



Prospects

Enhanced growth for flooring division depends on export initiatives which are actively being pursued, as well as government's roll-out of infrastructure, including the building and upgrading of school classrooms, clinics and hospitals. It is anticipated that a number of projects which were in the pipeline should come to fruition once normal government spending resumes. The division expects some growth in the corporate market segment, including private healthcare. The dedicated management team remains fully committed to ensuring that FloorworX entrenches its leadership position within the resilient flooring market.



The provision of water treatment chemicals and solutions to Safic customers remains a focus area, and the Ion Exchange joint venture provides products and technical back-up that allows for growth opportunities in this sector. As indicated we are of the firm belief that the water market holds tremendous potential for the Accentuate group and we remain confident that this will become a major contributor to the profitability of Accentuate in the not too distant future.



A greater marketing focus, increased contract-based business and process chemical supply, and the return of traditional markets to some form of normality, will see Safic increase its contribution to the performance of the group. In order to gain critical mass, further acquisitions are being assessed.



The group remains cautiously optimistic that it will show growth in the foreseeable future as the initiatives underway are implemented and the economic climate improves.



22-Sep-2016
(Official Notice)
Accentuate shareholders are advised that basic earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the year ended 30 June 2016 are expected to be between the following:

*EPS - 6.20 and 6.40 cents per share

*HEPS - 6.20 and 6.40 cents per share



As a result of the fraudulent activities identified in December 2015 at Floorworx Africa (Pty) Ltd., a 100% held subsidiary of Accentuate, the financial results of Accentuate Ltd for the year ended 30 June 2015 and prior years will be restated. The EPS and HEPS of Accentuate for the year ended 30 June 2015 was 3.97 cents per share before the restatement. The full details of the restatement will be disclosed when the company?s annual financial results are released on SENS.



Following the restatement, the increase in EPS and HEPS will be in excess of 100% and is meaningless for purposes of comparison. The financial information on which this trading statement is based has been reviewed by the company?s auditors. The company?s annual financial results will be released on or about 28 September 2016.



07-Jul-2016
(Official Notice)
At the annual general meeting of Accentuate shareholders held on Friday, 27 November 2015, the requisite majority of shareholders approved an ordinary resolution authorising the directors of the Company to issue up to 50% of Company's issued share capital for cash in accordance with paragraph 5.52 of the Listings Requirements of the JSE Ltd. (?the LR?).



In terms of paragraph 11.22 of the LR, Accentuate issued 10 000 000 shares at 75 cents per share resulting in an increase in the issued share capital of the Company from 124 048 757 to 134 048 757 shares (?the general issue?). The general issue was implemented at a 6% discount to the 30 day weighted average traded price of Accentuate shares for the 30 business days preceding the date that the price of the issue, under the general authority, was agreed. The general issue of shares for cash was implemented to raise capital in order for the Company to service general working capital requirements.
29-Feb-2016
(Official Notice)
Further to the results announcement released on SENS at 07:30 on 29 February 2016, Accentuate is hosting investor presentations for key shareholders and sector analysts on 29 February 2016 in Johannesburg and 1 March 2016 in Cape Town. Accentuate has posted the presentation which will be used at these events on its website http://www.accentuateltd.co.za/.
29-Feb-2016
(Official Notice)
Shareholders are advised of that Mr M.M. (Thys) du Preez has been appointed as a non-executive director of Accentuate with effect from 1 March 2016.
29-Feb-2016
(C)
Revenue for the interim period increased to R173 million (2014: R170.5 million), gross profit rose to R87.4 million (2014: R85.6 million), profit and total comprehensive income attributable to owners of the parent grew to R6.8 million (2014: R4.5 million), while headline earnings per share was higher at 5.75 cents per share (2014: 3.76 cents per share).



Dividend

The Accentuate board deems it prudent not to declare an interim dividend.



Prospects

It is anticipated that the challenging macroeconomic trading conditions will continue for the foreseeable future. In addition to these we also anticipate that the local government elections will have a negative impact on government spending during the last quarter of the financial year. However, all the trading entities within the group are well positioned and focused on expanding their customer base and product offerings. We believe that the difficult trading conditions will provide an opportunity to expand market share as well as to possibly acquire suitable businesses at reasonable prices. Major opportunities exist for expansion within the water treatment sector. The relative weakness of the rand presents opportunities to increase exports of locally manufactured products, including into substantial markets not previously supplied. Overall the group remains cautiously optimistic that it will deliver acceptable returns to shareholders in the foreseeable future.
22-Feb-2016
(Official Notice)
Accentuate shareholders are advised that basic earnings per share and headline earnings per share for the six months ended 31 December 2015 are expected to be between 5.65 and 5.85 cents per share (2014: 3.76 cents per share), reflecting an increase of between 50% and 56% on the corresponding period ending 31 December 2014.



The financial information on which this trading statement is based has not been reviewed by the company?s auditors. The company?s interim financial results will be released on or about 29 February 2016.



19-Feb-2016
(Official Notice)
Further to the cautionary announcements issued on 28 December 2015 and 11 February 2016 where Accentuate shareholders were advised of fraudulent activities identified as part of internal audit work at Floorworx Africa Proprietary Limited, a 100% subsidiary of Accentuate, the company is continuing to take appropriate actions to protect its interests. The actions include having opened a criminal case and obtaining urgent interdicts to freeze bank accounts of the alleged perpetrator and related parties, and the company is cooperating fully with the authorities in their investigations. The investigations and legal processes are continuing.



The total amount identified to date in the fraud is approximately R70 million over a ten year period. The audit committee of Accentuate has considered the information currently available and is of the opinion that the known impact of the fraud has been accounted for in results previously reported or shortly to be reported.



Since the pertinent details have been released to shareholders and no contingent liabilities have arisen, shareholders are no longer required to exercise caution when dealing in Accentuate shares.

11-Feb-2016
(Official Notice)
Further to the cautionary announcement issued on 28 December 2015 shareholders are advised that the suspicious activities identified as part of internal audit work at Floorworx Africa Proprietary Limited, a 100% subsidiary of Accentuate, were fraudulent. The company continues to take appropriate actions to protect its interests, including having opened a criminal case and obtaining urgent interdicts against the alleged perpetrator and related parties, and is cooperating fully with the authorities in their investigations.



No adjustments to any previously reported results are anticipated and no contingent liabilities have arisen.



The investigations are still ongoing and accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made. Shareholders will be updated as relevant information becomes available.

28-Dec-2015
(Official Notice)
Shareholders are advised that as part of an internal audit, certain suspicious activities were identified at Floorworx Africa Proprietary Limited, a 100% subsidiary of Accentuate. The non-compliance with approved policies and procedures has caused the company to believe that fraud has been committed. The company has taken appropriate action, including opening a criminal case and obtaining urgent interdicts against the alleged perpetrator and related parties in order to protect the interests of the company.



Internal investigations continue and the company is co-operating with the relevant authorities in order to bring this matter to a speedy conclusion. Urgent action is also underway to recoup any misappropriated funds. No adjustments to any previously reported results are anticipated, no contingent liabilities have arisen and the results for the current reporting period are expected be in line with budget.



Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement is made. Shareholders will be updated as relevant information becomes available.



27-Nov-2015
(Official Notice)
Accentuate shareholders are advised that at the annual general meeting (?AGM?) of shareholders held on Friday 27 November 2015, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy.



The number of Accentuate shares voted in person or by proxy was 103,427,230 representing 83.38% of the total issued share capital of Accentuate shares for all of the ordinary and special resolutions.



13-Nov-2015
(Official Notice)
Shareholders are advised that further to the SENS announcement dated 17 March 2015, the plaintiffs have decided not to appeal the judgement handed down in March 2015 by the Gauteng Local Division of the High Court which found that the Company acted lawfully in excluding certain votes at the AGM held on 29 November 2013.



The Company welcomes this decision by the plaintiffs as it will enable the Company to focus fully on growing the business and creating shareholder value.
01-Oct-2015
(Official Notice)
Shareholders are advised that the Company's audited annual financial statements for the year ended 30 June 2015, reflected in the integrated annual report are unchanged from the audited results released on SENS on 28 September 2015. The integrated annual report is available on Accentuate?s website, http://www.accentuateltd.co.za



Notice is hereby given that the annual general meeting of Accentuate will be held at 10:00am on Friday, 27 November 2015 at the offices of Accentuate Business Park, 404 Southern Klipriviersberg Road, Steeledale, Johannesburg. The record date on which shareholders must be registered in the Company's share register in order to attend, participate and vote at the annual general meeting is Friday, 20 November 2015.



The notice of annual general meeting is issued with the integrated annual report, which contains the annual financial statements of Accentuate for the year ended 30 June 2015.
29-Sep-2015
(Media Comment)
According to Business Report Accentuate is poised to expand its flooring business to developed markets, including US, Europe, and Australia. CEO Fred Platt indicated that Accentuate would be working with partners to penetrate these markets and did not intend to open branches in these developed countries. Mr Platt added that a decision on this expansion would be taken within the next three months.
28-Sep-2015
(C)
Revenue for the year grew to R318.6 million (R308.1 million). Gross profit rose to R164.5 million (R160.8 million). Operating profit decreased to R9.479 million (R9.549 million). Total comprehensive income attributable to owners of the parent lowered to R4.7 million (R10.6 million). In addition, headline earnings per share was lower at 3.97cps (4.46cps).



Dividend

The Acc?ntuate board deems it prudent not to declare a dividend.



Prospects

The difficult economic conditions are not expected to ease in the foreseeable future. However, all the trading entities within Accentuate remain focused on expanding their customer base and product offerings, and are well poised to take advantage of every possible opportunity to increase revenue and profitability. Accentuate continues to assess possible acquisitions which fit in with the approved strategy, and with the support of the shareholders, it will be able to implement a number of key initiatives which are planned.
28-May-2015
(Official Notice)
Mr Ralph Patmore, who was the lead independent non-executive director of Accentuate has been appointed as independent non-executive Chairman of the Board as of 27 May 2015. Mr Pieter Kriel has been appointed as a member and Chairman of the Remuneration Committee as of 27 May 2015. Mr Ralph Patmore will remain a member of the Remuneration Committee.
18-Mar-2015
(Official Notice)
Further to the SENS announcement dated 6 March 2015 and after further engagement with the JSE, the Company announced the following in relation to the results of the adjourned 2014 AGM held on 27 February 2015:



The JSE has ruled that the proxy form submitted by Standard Bank Nominees for 21 096 635 Accentuate shares as well as the proxy form from BNS Nominees for 14 501 911 shares complied with all requirements and, in consequence, should have been accepted and considered at the 2014 AGM. The JSE is also of the opinion that the 4 million shares of Jacana Assets, which were accepted and considered at the 2014 AGM, should have been disallowed. On this basis, ordinary resolution 10 and special resolutions 1 to 6 would not have been approved by the requisite majority;



The Company remains of the opinion that it acted entirely within its rights and in compliance with the Companies Act, however, given the JSE ruling the Company has decided to withdraw the adoption and implementation of ordinary resolution 10 and special resolutions 1, 2, 4 and 5, as proposed at the 2014 AGM;



As a result of the judgment of the Gauteng Local Division of the High Court in the matter Von Seidel v Accentuate under case number: 47008/13, as reported in the SENS announcement of 17 March 2015, the Company now has the authority to pay non-executive directors fee?s and register the new Memorandum of Incorporation.
17-Mar-2015
(Official Notice)
Further to the SENS announcement dated 20th December 2013, the Gauteng Local Division of the High Court has given judgement that the company acted lawfully in excluding certain votes at the AGM held on 29th November 2013. It dismissed the application with costs.



The votes were excluded after a shareholder, supported by the majority of shareholders present, questioned the validity of the votes of another shareholder at the AGM. On the basis of independent legal advice, the company excluded the votes of a number of shareholders that had not complied with provisions of the Companies Act.



The company confirms that all resolutions proposed at the meeting were approved by the requisite majority, including ordinary resolution number 10 as well as all the special resolutions. The consent order dated 19th December 2013 to which the company had agreed is, therefore, no longer in effect. Accordingly the company is entitled to implement all the resolutions adopted at the AGM.



The company is pleased with the judgement as it allows the company to function more efficiently and to fulfil the mandate given to it by the majority of its shareholders.



In addition, there have recently been misleading reports in the media regarding the retirement on 7th March 2015 of the chairman, Dr Malesela Motlatla. The chairman retired only because he reached the mandatory retirement age for directors? of 75 on that day. The company reiterates that his retirement is in no way related to any other issue, and the company would have retained his services as chairman had it legally been able to do so.
09-Mar-2015
(Official Notice)
In terms of paragraph 3.59 of the Listings Requirements of the JSE Ltd., shareholders are advised of the following change to the board of Accentuate.



Dr. Malesela David Clement Motlatla has resigned as Non-Executive Director of the board with effect from 7 March 2015, due to reaching the mandatory retirement age of 75 years.



Dr. Motlatla has served as Chairman of the Company since June 2006. He has also served as Chairman of Safic (Pty) Ltd., a subsidiary of the Company, since December 2000.



The board will elect a new Chairman in due course and an announcement in this regard will be made at that time.
06-Mar-2015
(Official Notice)
The JSE has informed the Company that it has serious concerns about the fact that the Company has decided to exclude certain votes cast by shareholders at the AGM. The JSE has requested the Company to furnish the JSE with its undertaking that it will not implement any of the special resolutions until and unless this dispute has been resolved and the JSE?s concerns have been addressed. Pursuant to discussions with the JSE, the Accentuate announced the following in relation to the results of the AGM as published on SENS on 2nd March 2015.



Accentuate is of the opinion that it has acted entirely within its rights and in compliance with the Companies Act in all matters relating to the AGM. This notwithstanding, the Company has undertaken not to further implement any of the special resolutions proposed at the AGM pending the outcome of further communication with the JSE regarding their concerns in respect of the results as published.



The special resolutions pertaining to the remuneration of the non-executive directors and the lodgement of the Memorandum of Incorporation with the CIPC have already been implemented.



The Company confirms that all the shares in issue carry equal voting rights and rank pari passu.
03-Mar-2015
(Media Comment)
According to Business Day Accentuate's fortunes have improved thanks to excellent cost management. The diversified industrial group achieved a strong start to its 2015 financial year, increasing its headline earnings per share 34% to 3.76c in the six months to December last year.
02-Mar-2015
(Official Notice)
Accentuate shareholders are advised that at the adjourned annual general meeting (?AGM?) of shareholders held on Friday, 27 February 2015, all the ordinary and special resolutions, as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy.
02-Mar-2015
(C)
Revenue for the interim period increased to R170.5 million (R156.8 million). Gross profit rose to R85.6 million (R82 million), while total comprehensive income for the period attributable to shareholders of the parent was higher at R4.5 million (R3.2 million). Furthermore, headline earnings per share increased to 3.76cps (2.81cps).



Dividend

The Acc?ntuate board deems it prudent not to declare an interim dividend.



Prospects

All the trading divisions within the group are focusing considerable efforts on expanding their customer base while reducing costs and improving efficiencies. This should enable Accentuate to benefit from any improvement in the economic sectors served. The reduction in fuel prices should benefit the second half results, although there is not yet much evidence of lower prices in many other petro-chemical derivative products. Accentuate continues to focus on possible acquisitions which fit in with the approved strategic plans. Load shedding is a major concern with the potential to impact negatively on both manufacturing recoveries and the cost of manufacturing. Management is urgently investigating solutions to mitigate this risk and ensure that desired levels of productivity and profitability are achieved. This will require additional capital expenditure during the second half of the year.
20-Feb-2015
(Official Notice)
Shareholders are advised that in terms of Section 64 (10) and (11) of the Companies act 71 of 2008 as amended, the Annual General Meeting held on 20 February 2015 has been adjourned until Friday 27 February 2015 at 10H00 to be held at Accentuate Business Park, 404 Southern Klipriviersberg Road, Steeledale, Johannesburg. The meeting was adjourned as there was concern regarding the eligibility of certain shares being entitled to vote at the meeting.

19-Feb-2015
(Official Notice)
Accentuate shareholders are advised that:

* Basic earnings per share for the period is expected to be between 3.65 and 3.85 cents per share (2013: 2.86 cents per share), reflecting an increase of between 28% and 35% on the corresponding period; and

* Headline earnings per share for the period is expected to be between 3.65 and 3.85 cents per share (2013:2.81 cents per share) reflecting an increase of between 30% and 37% on the corresponding period.



The Company?s interim financial results will be released on or about 2nd March 2015.
20-Oct-2014
(Official Notice)
The annual general meeting ("AGM") of shareholders of Acc?ntuate, in respect of the year ended 30 June 2014, will be held at Acc?ntuate Business Park, 404 Southern Klipriviersberg Road, Steeledale, Johannesburg on Friday, 20 February 2015 at 10:00 am. Shareholder registration will commence from 09:30 am. The notice of the AGM has been posted to shareholders who have requested to receive it. As a result of the current problems with postal deliveries, shareholders are advised that they can also access the notice in the 2014 annual report available on the company's web site www.accentuateltd.co.za.
29-Sep-2014
(C)
Revenue for the year grew to R308.1 million (R284.2 million). Gross profit rose to R160.8 million (R149.0 million). Operating profit decreased to R9.5 million (R15.1 million). Total comprehensive income attributable to owners of the parent lowered to R6.9 million (R9.9 million). In addition, headline earnings per share almost halved to 4.46cps (8.41cps).



Dividend

The Acc?ntuate board deems it prudent not to declare a dividend.



Prospects

Although Acc?ntuate is facing a number of serious macroeconomic challenges, management remains confident that these are largely temporary in nature and that the group will in the near future be achieving and exceeding the levels of profitability previously achieved.



Update on annual general meeting

The legal challenge against the results of certain of the resolutions passed at the latest Acc?ntuate annual general meeting instituted by a consortium of shareholders, whose votes were amongst those excluded from the voting results due to non-compliance with the Companies Act, is continuing. The company is doing everything possible to have the matter heard in court as quickly as possible.



A further announcement will be made to shareholders immediately after the outcome of the legal proceedings has been decided.
17-Sep-2014
(Official Notice)
Shareholders are advised that the Group expects to release audited earnings per share and headline earnings per share for the twelve months ended 30 June 2014 within the ranges shown below.



Expected Ranges June 2014 and Reported June 2013 (cents)

*Basic Earnings Per Share -- 4.35 - 4.50; 8.38

*Headline Earnings Per Share -- 4.35 - 4.50; 8.41



The Group's audited results for the twelve months ended 30 June 2014 are expected to be published on or about 29 September 2014.
05-Aug-2014
(Official Notice)
Shareholders are advised of the following appointment to the board of Accentuate. Mr Andile Mjamekwana has been appointed as an alternate director with effect from 5 August 2014.
01-Jul-2014
(Official Notice)
Shareholders are advised of the following changes to the board of Accentuate.



Resignation:

Ms Dineo Molefe has resigned as non-executive director and chairperson of the audit and risk committee with effect from 1 July 2014.



Change in Status:

Mr Pieter Slabbert Kriel, who acted as Ms Molefe's alternate director, has been appointed as a non- executive director on the board of Acc?ntuate Limited with effect from 1 July 2014.
20-Jun-2014
(Media Comment)
According to Business Day, Accentuate is looking to grow its sales in other African countries. This would be an attempt by Accelerate to reduce its reliance on local government projects. The group will follow local construction firms into other African countries and CEO Fed Platt added that while rand volatility was a concern, a weak rand "makes us far more competitive on the continent."
03-Mar-2014
(C)
20-Feb-2014
(Official Notice)
Shareholders are advised that the group expects to release reviewed earnings per share and headline earnings per share for the six months ended 31 December 2013 within the ranges shown below.



Group Results

Expected Ranges December 2013 and Reported December 2012 (cents)

*Basic Earnings Per Share -- 2.70 - 2.90; 6.01

*Headline Earnings Per Share -- 2.70 - 2.90; 6.01



The group's reviewed results for the six months ended 31 December 2013 are expected to be published on or about 3 March 2014.
20-Dec-2013
(Official Notice)
Pursuant to an application by certain minority shareholders, Accentuate Limited has agreed to a consent order in the South Gauteng High Court in terms of which it has undertaken not to further implement or act upon Ordinary Resolution Number 10, Special Resolutions numbered 1 to 4 and Articles 5c, 5e, 5f, 27b, 27c and 27d of the memorandum of incorporation of the company pending the termination of the application in the normal course.
06-Dec-2013
(Official Notice)
Shareholders are referred to the SENS announcement dated 2 December 2013 where it was advised that the Annual General Meeting held on 29 November 2013 had been adjourned until 6 December 2013. The company has subsequently taken legal advice regarding the matter raised at that meeting and found that a number of letters of representation did not comply with the requirements of the Companies Act and that the actual beneficial shareholder of certain shares had also not been disclosed to the Company as required by the Companies Act. The votes relating to these letters of representation and shares were excluded from the final voting results. Shareholders are hereby notified that all the special resolutions and ordinary resolutions proposed at the Annual General Meeting were duly passed by the requisite majority of votes.
02-Dec-2013
(Official Notice)
Shareholders are advised that the chairman, with the approval of the majority of shareholders present, adjourned the Annual General Meeting held on 29 November 2013 until 10:00 am on Friday 6 December 2013 at Acc?ntuate Business Park, 404 Southern Klipriviersberg Road, Steeledale, Johannesburg. The meeting was adjourned to investigate a concern by shareholders regarding the validity of a letter of representation submitted to the transfer secretaries.
31-Oct-2013
(Official Notice)
Shareholders are advised that the results in the integrated annual report for the year ended 30 June 2013, posted on Thursday, 31 October 2013, are identical to the audited results which were published on SENS on Thursday, 26 September 2013.



Notice is hereby given that the annual general meeting of shareholders of Acc?ntuate Limited, in respect of the year ended 30 June 2013, will be held at Acc?ntuate Business Park, 404 Southern Klipriviersberg Road, Steeledale, Johannesburg on Friday, 29 November 2013 at 10:00 am. Shareholder registration will commence from 09:30am.

03-Oct-2013
(Official Notice)
Shareholders are referred to the cautionary announcements dated 15 August and 5 September 2013 and are advised that the discussions referred to therein are related to the Acquisition. Accordingly, shareholders are no longer advised to exercise caution when dealing in the Company`s securities.



03-Oct-2013
(Official Notice)
Accentuate subsidiary Floorworx Africa (Pty) Ltd (Floorworx) has entered into an agreement with Suntups Wooden Flooring (Pty) Ltd (Suntup) to acquire the assets and liabilities relating to the wooden flooring and decking part of Suntups (the "Agreement) for a total purchase consideration estimated to be R8 200 000 (eight million two hundred thousand Rand), based on the estimated net asset value at the effective date as well as R1 300 000 (one million three hundred thousand Rand) for intangible assets and goodwill (the "Transaction). The purchase will be settled by way of an issue of an estimated 7 828 456 Accentuate ordinary shares at a price based on the volume weighted average price of the shares traded during the two months preceding the effective date. As the financial effects were not disclosed in the announcement on 5 September 2013, they are set out below.
26-Sep-2013
(C)
Revenue increased to R284.2 million (R282.7 million). Gross profit improved to R149 million (R148.7 million), but EBITDA declined to R18.7 million (R22.9 million). Net attributable profit rose to R8.8 million (R7.5 million). However, headline earnings per share from continuing operations fell to 8.41cps (9.47cps).



Outlook

Although the economic outlook for South Africa remains generally subdued, we are confident that the pressure for increased government expenditure in the area of infrastructure will lead to increased investment in both healthcare and education. These are critical areas for South Africa and indications are that government spend in these departments, albeit erratic, is set to increase. The effect that the upcoming elections will have on the economy is of concern, but generally management remains cautiously optimistic in this regard.



The repositioning of Safic and the implementation of its targeted segmental strategy is already showing results and should see a more meaningful contribution from the cleaning chemicals business to the Group's results in the coming year. Although the demand from the mining sector for the products supplied by Safic is not anticipated to improve much in the near future, the diversification and focus on other market segments will ensure growth and more annuity income.



ION Exchange Safic is well positioned to take advantage of the significant opportunities that exist within the broad water treatment market, which has welcomed another supplier in this sector. There are some immediate opportunities being pursued in the mining, heavy industry and effluent treatment areas while some larger water related infrastructural opportunities will be evaluated and targeted according to capacity and risk appetite.
05-Sep-2013
(Official Notice)
Further to the cautionary announcement published on 15 August 2013, shareholders are advised that as the company will still be releasing the financial effects of the transaction, shareholders are advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is released.

05-Sep-2013
(Official Notice)
Accentuate subsidiary Floorworx Africa (Pty) Ltd (?Floorworx) has entered into an agreement with Suntups Wooden Flooring (Pty) Ltd (Suntups) to acquire the assets and liabilities relating to the wooden flooring and decking part of Suntups (the "Agreement) for a total purchase consideration estimated to be R8 200 000 (eight million two hundred thousand Rand), based on the estimated net asset value at the effective date as well as R1 300 000 (one million three hundred thousand Rand) for intangible assets (the "Transaction). The purchase is to be settled by way of an issue of Accentuate ordinary shares at a price based on the volume weighted average price of the shares traded during the two months preceding the effective date. The owners of Suntups are Mr Steven Suntup, Mr Ian Fuller and Mr Mike Rosengarten.



Suntups is a privately owned business with a well-established customer base and has become the largest supplier of engineered wooden flooring in South Africa. The main markets they supply are heavy traffic floor areas such as offices, shopping centres and gyms and they also supply the upmarket private residential sector. The business also supplies specialised wood for use in decking. Floorworx will not be acquiring the wood trading division of Suntups.



Suntups is a significant supplier to the engineered wooden flooring market while Floorworx is a significant supplier in most other areas of resilient flooring. The Suntups business will therefore compliment and expand the range of flooring products which Floorworx can offer its customers.



The Transaction is subject, inter alia, to the fulfillment of the following suspensive conditions:

*Regulatory approval insofar as such approvals may be required; and

*Approval of the transaction by the Accentuate Board of Directors



The Effective Date is 1 September 2013 while the date of implementation will be the first business day following the fulfilment of all suspensive conditions.

15-Aug-2013
(Official Notice)
Shareholders were advised that the company has entered into negotiations which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders were advised to exercise caution when dealing in the company's securities until a further announcement is released.
28-Feb-2013
(C)
26-Feb-2013
(Official Notice)
Shareholders are advised that the Group expects to release reviewed earnings per share and headline earnings per share for the six months ended 31 December 2012 within the ranges shown below.

Expected ranges

* Basic Earnings Per Share: 5.80 - 6.20

* Headline Earnings Per Share: 5.80 - 6.20



Shareholders are advised that there is going to be a restatement of the figures for the comparative period in order to provide a more accurate and realistic comparison of earnings and headline earnings. The finance cost and taxation charge figures for the comparative period to 31 December 2011 were understated and have been restated. Although these adjustments are not material, cumulatively they provide a more accurate and realistic comparison of the Group?s earnings during the period under review. The net finance charge figure was understated due to duplication of some entries and the reported taxation charge incorrectly took into account the losses on the CGA business. The restated tax charge also takes into account the impact of the restated finance charge.



The Group's reviewed results for the six months ended 31 December 2012 are expected to be published on or about 28 February 2013.
30-Nov-2012
(Official Notice)
Shareholders were notified that at the company's Annual General Meeting held on 30 November 2012, the ordinary resolutions proposed thereat were duly passed, save for ordinary resolution 3. None of the special resolutions were passed.
28-Nov-2012
(Official Notice)
Further to the announcement published on SENS on 22 November 2012, additional comments have subsequently been received on the proposed MOI and a few additional amendments have been included in the MOI to be voted on at the AGM on 30 November 2012.



The description of the share capital in clause 5(a) has been revised to reflect the current capital structure of the company as follows: "The company has an authorised share capital of 500 000 000 (five hundred million) ordinary par value shares of 0.001 cent each".



The other changes are corrections of references to other sections or statutes, inconsistencies and typographical errors. The revised MOI is available on the company website, www.accentuateltd.co.za, together with a list of the paragraphs in the MOI which have been altered.
22-Nov-2012
(Official Notice)
Shareholders were advised that the proposed Memorandum of Incorporation ("MOI") was posted to shareholders together with the Annual Report for the year ended 30 June 2012 on 29 October 2012. The adoption of the MOI is to be voted on at the Annual General Meeting ("AGM") on 30 November 2012.



Following feedback received on the original MOI, certain amendments have been made to the proposed MOI. The revised MOI has been approved by the JSE and will be posted to all shareholders on Friday 23 November 2012. A copy of the revised MOI is also available on the company's website www.accentuateltd.co.za



The resolution to be voted on at the AGM remains unchanged but shareholders are requested to consider the revised MOI for adoption and not the previous version distributed with the Annual Report. Any queries in this regard should please be directed to the Company Secretary, Paresh Dayah, using any of the contact details set out below:

*E-mail address: pdayah@accentuateltd.co.za

*Fax: 086 509 3246

*Physical address: 32 Steele Street, Steeledale, Alberton 2197

*Postal address: P O Box 1754, Steeledale, Alberton, 2197
26-Oct-2012
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 30 June 2012, to be posted on Monday, 29 October 2012, is identical to the audited results, which were published on SENS on Thursday, 27 September 2012.



Notice is hereby given that the annual general meeting of Accentuate will be held at 10:00 am on 30 November 2012 at the company's registered offices at Accentuate Business Park, 404 Southern Klipriviersberg Road, Steeledale. The notice of the annual general meeting will be issued with the annual report, which contains the annual financial statements of Accentuate for the year ended 30 June 2012.
27-Sep-2012
(C)
Revenue increased to R282.7 million (R249.4 million). Gross profit rose to R148.7 million (R135.8 million) and EBITDA improved to R22.9 million (R21.9 million). Net attributable profit staged a turnaround to R7.5 million (loss of R74.6 million). In addition, headline earnings per share from continuing operations grew to 9.47cps (8.53cps).



Outlook

Current indications are that the economic environment within which Acc?ntuate operates will remain challenging for at least the next year. Management is however confident that the strong position that FloorworX holds within the resilient flooring market, coupled with the strategic initiatives underway throughout the group, will produce acceptable results for the coming financial year. The current focus remains on expanding the product offering into a well-established customer base while at the same time expanding the geographical footprint. The outlook for the flooring division remains generally positive and management is confident that the momentum currently being seen will continue through the remainder of the coming financial year.



Safic will continue its focus on further building strong annuity income streams in the institutional markets and growing the opportunities identified in conjunction with group companies and the Thebe invested companies. Expansion within the construction chemical sector is also envisaged with a number of exciting initiatives planned for rollout in the coming year. In addition to the Ion Exchange agreement, a number of other international cooperation agreements are currently being considered.
19-Sep-2012
(Official Notice)
Shareholders were advised that the group expects to release audited earnings per share and headline earnings per share for the year ended 30 June 2012 within the ranges shown below:

* Basic Earnings Per Share (cents): 6.50 - 7.50

* Headline Earnings Per Share (cents): 8.50 - 10.00



The group's audited results for the year ended 30 June 2012 are expected to be published on or about 30 September 2012.
19-Sep-2012
(Official Notice)
Shareholders are advised that the group expects to release audited earnings per share ("basic EPS") and headline earnings per share ("HEPS") for the year ended 30 June 2012 to be as follows:

* Basic EPS / Loss per share (cents): 6.50 - 7.50

* HEPS / Headline loss per share (cents): 8.50 - 10.00



The group's audited results for the year ended 30 June 2012 are expected to be published on or about 30 September 2012.
15-Aug-2012
(Official Notice)
Shareholders were advised that Dineo Molefe has been appointed as a Non-Executive Director of Accentuate from her previous position of alternative director with effect from 14 August 2012. Shareholders were also advised that Mr. Pieter Kriel has been appointed as an alternate Director of Accentuate to Dineo Molefe with effect from 14 August 2012.
20-Jun-2012
(Official Notice)
Shareholders are advised that Ms Lindiwe Gadd has resigned as a non-executive director of Accentuate with immediate effect due to a change in her responsibilities at Thebe Investment Corporation.
19-Jun-2012
(Official Notice)
The directors of Accentuate announced the formal signing and conclusion of a joint venture agreement between Indian-based water treatment company, Ion Exchange (India) Ltd. ("Ion Exchange") and Safic (Pty) Ltd. ("Safic"), a wholly owned subsidiary of Accentuate. The joint venture will be known as Ion Exchange-Safic (Pty) Ltd. with ownership being 60% held by Ion Exchange India and 40% by Safic.



Ion Exchange (India) Ltd.

Ion Exchange India has pioneered water treatment in India and is today the premier company in water and environment management in India, with a strong international presence. Formed in 1964, as a subsidiary of the Permutit Company of UK, it became a wholly Indian owned company in 1985 when Permutit divested their holding. Currently Ion Exchange employs in excess of 1 600 people, and has multi-disciplinary teams of highly experienced professional managers, technologists and scientists who are supported by infrastructure across India and abroad.



Effective date

The effective date of the agreement will be 1 July 2012. The joint venture will be established in Johannesburg with offices operating from the Accentuate premises in Steeldale. For further information please visit www.accentuateltd.co.za or www.ionexchangesafic.co.za or www.ionindia.com/



Categorisation of transaction

In terms of the JSE Listings Requirements, the transaction is below the classification of a category 2 transaction.
07-May-2012
(Official Notice)
Shareholders were advised that the allegations that were leveled and raised against the management of Accentuate at the annual general meeting held on 1 December 2011 have been fully investigated by the independent non-executive directors of Accentuate. Matters pertaining to alleged breaches of the JSE Listings Requirements have been investigated by the JSE. The allegations were found to be baseless by the independent non-executive directors. The JSE did not find any breaches of the JSE Listings Requirements. Accentuate wishes to thank all stakeholders involved and are pleased that these matters have been closed and management is able to fully attend to business matters at hand.
03-May-2012
(Official Notice)
Shareholders of the company are advised that Mr Christopher Povall has been appointed as executive financial director of Accentuate with effect from 1 June 2012. Christopher began his career at Coopers - Lybrand (now part of PriceWaterhouseCoopers) where he held the position of senior audit and computer audit manager. His wealth of experience with listed companies is evident with his appoint as corporate finance manager to Impala Platinum, after which he spent seven years with Times Media Ltd. (now part of the listed entity Avusa) as group financial director. Christopher also served as group financial director for twelve years with Chemical Services, which, post 2003, became 100% owned by AECI. Most recently he was divisional director of Protea Chemicals one of the largest divisions of the listed Omnia Group. The board takes this opportunity to welcome Christopher in anticipation of the valuable contribution he will make to the Accentuate board during his term in office. Once again Accentuate wishes to thank Re' Voogt for his dedicated service since listing. Re's effective date of departure will be 30 April 2012 with the understanding that Re' and Christopher are available to Accentuate during the month of May as a hand-over period.
24-Feb-2012
(Official Notice)
Further to the interim results that were released on 23 February 2012, shareholders are advised that for the reviewed abridged consolidated financial statements for the six months ended 31 December 2011 have been reviewed by Accentuate's auditors, PKF Gauteng Inc. Their unmodified review report is available for inspection at the company's registered office.
23-Feb-2012
(C)
20-Feb-2012
(Official Notice)
Shareholders are advised that the group expects to release reviewed earnings per share ("EPS") and headline earnings per share ("HEPS") for the interim period ended 31 December 2011 within the ranges shown below compared to the comparative period, being 31 December 2010 being reviewed loss per share ("basic LPS") and headline earnings per share ("HEPS").



Expected Ranges: December 2011

*Basic EPS: 4.8 - 5.2cps (December 2010: LPS 29.78cps)

*HEPS: 6.7 - 7.0cps (December 2010: HEPS 3.45cps)



The financial information on which this trading statement has been based has not been reviewed or reported on by the group's auditors. The group's results for the interim period ended 31 December 2011 are expected to be published on or about 23 February 2012.
01-Dec-2011
(Official Notice)
Shareholders are notified that at the company's AGM held on 1 December 2011, the ordinary resolutions proposed thereat were duly passed by the requisite majority of votes save for ordinary resolution number three regarding giving the directors general authority to issue unissued but authorised shares for cash. None of the special resolutions proposed at the annual general meeting were passed by the required majority of shareholders.
11-Nov-2011
(Official Notice)
Shareholders were advised that at the annual general meeting of Accentuate that will be held at 10:00 on 1 December 2011 at the company's registered offices at Safic Business Park, 404 Southern Klipriviersberg Road, Steeledale, the record date to participate and vote at the annual general meeting is Friday, 25 November 2011.
04-Nov-2011
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 30 June 2011, posted on Thursday, 3 November 2011 are identical to the audited results, which were published on SENS on Friday, 23 September 2011.

Notice is hereby given that the annual general meeting of Accentuate will be held at 10:00 on 1 December 2011 at the company's registered offices at Safic Business Park, 404 Southern Klipriviersberg Road, Steeledale. The notice of annual general meeting is issued with the annual report, which contains the annual financial statements of Accentuate for the year ended 30 June 2011.

23-Sep-2011
(C)
Revenue for the year ended June 2011 declined to R249.4 million (R254.8 million), but gross profit rose marginally to R135.8 million (R134.8 million). Total loss of R74.6 million (profit of R12.2 million) was recorded for the period, while headline earnings per share from continuing operations dropped to 8.32cps (9.34cps).



Dividend

As was the case in the past period, management and the board of Accentuate have not declared a final dividend.



Prospects

Accentuate will utilise cash generated from the sale of CGA for further expansion into the flooring and related market segments. The disposal will avail Accentuate management time to focus on the remaining continuing businesses of Floorworx and SAFIC which are well known and understood by Accentuate. The current market share of Floorworx needs to be maintained, at the very least, but grown in terms of product offering and innovation and within SAFIC the annuity revenue stream growth and input efficiencies will be the main drivers taking this cleaning company forward. Management does expect difficult economic operating conditions to remain but will continue to assess growth opportunities in areas of supply finishing and maintenance products to enhance the aesthetics of buildings. Although it is anticipated that the macro-economic environment will remain under pressure during the next financial year, management is confident that Accentuate will be able to leverage off its leadership position within the resilient flooring market in order to deliver an acceptable return to its shareholders while taking cognisance of the needs of all stakeholders. Management remains cautiously optimistic for continuing operations during the year ahead
21-Sep-2011
(Official Notice)
Accentuate announce the further strengthening of the board through the appointment of two independent non-executive director's namely, Mr. Ralph Patmore and Mr. Eric Ratshikhopa to the board. Ralph Patmore is appointed as lead independent non-executive director. Eric Ratshikhopa is appointed as an independent non-executive director.



Shareholders are also notified that Wesley Delport has resigned as company secretary with effect from 20 September 2011. Paresh Sookha Dayah has been appointed company secretary with effect from 20 September 2011.

15-Sep-2011
(Official Notice)
The group expects to release audited loss per share ("LPS"), headline earnings per share ("HEPS") and headline loss per share ("HLPS") for the year ended 30 June 2011 within the ranges shown below compared to the comparative period, being 30 June 2010 being audited earnings per share ("basic EPS") and headline earnings per share ("HEPS").

*The basic LPS from continued operations is expected to be between 57.5-62.5cps, compared to earnings 9.40cps previously

*The total LPS is expected to be between 67.5-73.5cps, compared to earnings of 12.02cps previously

*HEPS from continued operations is expected to be between 7-9cps, compared to 9.34c previously

*The total HLPS is expected to be between 3.2-4cps, compared to HEPS of 11.95c previously



The group's results for the year ended 30 June 2011 are expected to be published on or about 30 September 2011.
30-Jun-2011
(Official Notice)
Further to the SENS announcement that was released yesterday, 29 June 2011, regarding the directors dealings and company secretary dealings it must be noted that the various exercising of the share options were all off market transactions that were in terms of the share option scheme.
29-Mar-2011
(C)
Revenue for the interim period decreased to R148.5 million (2009: R155.5 million). Gross profit lowered to R72 million (2009: R81.5 million), and earnings before interest, tax, depreciation and amortisation ("EBITA") fell to R9.8 million (2009: R17.1 million), while a loss attributable to equity holders of the parent was recorded at R30.3 million (2009: profit of R8.5 million). Furthermore, headline earnings per share weakened to 3.45cps (2009: 8.25cps).



Dividend

The board has taken a decision to refrain from declaring an interim dividend (2009: 2cps) under the current tough trading conditions. Cash generation has been under pressure and as such the board of Accentuate find it prudent to retain and utilise cash for working capital requirements as the group experienced delayed cash flow collections from Government tenders.



Prospects

Accentuate remains in a sector of the economy suffering from economic conditions in general and exacerbated by Government's sluggish utilisation of spend on infrastructure development and refurbishment. However, management remains strong on the view that Accentuate has sustainable underlying businesses. Accentuate will continue to assess growth opportunities in areas to supply finishing and maintenance products to accentuate buildings.
20-Feb-2017
(X)
Acc?ntuate is a group of companies involved in supplies to?the flooring, maintenance, industrial and commercial cleaning, metal treatment and water treatment sectors.



FloorworX is a market leader in the resilient flooring industry and supplies both the public and private sectors with resilient and carpet flooring solutions.



Safic has positioned itself as a significant supplier of specialised cleaning and metal and water treatment products to a variety of industries.



Ion Exchange Safic is a joint venture which supplies water treatment chemicals, equipment and related solutions.
24-Mar-2011
(Official Notice)
Shareholders are advised that Accentuate is currently finalising its results for the six months ended 31 December 2010. Accentuate is expecting a loss per share of between 27.00 and 32.00 cents per share which is down from earnings per share of 8.31 cents per share for the comparative period, and headline earnings per share between 2.00 and 5.00 cents per share down from 8.25 cents per share for the comparative period. The results for the six months ended 31 December 2010 will be published on SENS on or about 29 March 2011.
24-Feb-2011
(Official Notice)
Shareholders are hereby advised that Bridge Capital Advisors (Pty) Ltd has been appointed as designated adviser to Accentuate, effective 24 February 2011.

23-Feb-2011
(Official Notice)
Shareholders are advised that at the special general meeting of Accentuate shareholders held on 23 February 2011, all the resolutions failed by the requisite majorities of shareholders present and represented by proxy. 89% of the votable shares were voted at the meeting of which 63% voted against the appointment of an additional four directors, who wished to take up positions on the Accentuate board. Management of Accentuate wished to convey to shareholders their appreciation of the level of understanding shown towards the strategic direction and operations of Accentuate, a company that requires a strong management team with precise and comprehensive knowledge of the contracting environment in South Africa. This decision demonstrated irrevocable support for the board and the decisions it takes.
28-Jan-2011
(Official Notice)
Shareholders are advised that the Company has received a notice in terms of section 181 of the Companies Act, No. 61 of 1973, for the requisition of a general meeting of shareholders to vote on the appointment of additional non- executive directors to the board.



The general meeting will be held at 10:00 on Wednesday, 23 February 2011, at the company's registered offices, 32 Steeledale Street, Steeledale, 2197, Johannesburg. A circular, containing inter alia the notice of general meeting to shareholders, has been posted to shareholders today.

03 Nov 2010 15:01:21
(Official Notice)
Shareholders are advised that, at the annual general meeting of Accentuate shareholders, all the resolutions were passed by the requisite majorities of shareholders present and represented by proxy save for the ordinary resolution number three regarding the general authority to issue unissued, but authorised shares for cash. Ordinary resolution number ten was deleted and not voted upon, as director A J Kerrod resigned from the board of directors effective 19 October 2010 and was therefore not up for re-election. The special resolutions will be lodged for registration with the Registrar of Companies in due course.
21 Oct 2010 10:58:19
(Official Notice)
Mr A Kerrod, a non-executive director of Accentuate, has resigned from the board of directors of Accentuate with effect from 19 October 2010. The board of Accentuate would like to thank Mr Kerrod for his efforts and wishes him well in his future endeavours.
30 Sep 2010 11:58:28
(Official Notice)
Shareholders were advised that the annual financial statements of Accentuate were distributed on 30 September 2010, and contain no modifications to the audited results published on SENS on 22 September 2010. Notice was also given that the 2010 annual general meeting of shareholders will be held at 10:00 on Wednesday, 3 November 2010 at the company's registered offices, Safic Business Park, 404 Southern Klipriversberg Road, Steeledale.
22 Sep 2010 08:34:38
(C)
Revenue improved to R305.4 million (2009: R298 million), gross profit increased to R154 million (2009: R141.2 million). EBITDA expanded to R26.1 million (2009: R21.6 million), while profit attributable to ordinary shareholders mounted to R12.6 million (2009: R9.8 million). In addition, headline earnings on a per share basis rose to 11.95cps (2009: 9.30cps).



Dividends

A final dividend of 2 cents per ordinary share has been declared for the year under review.



Prospects

Public sector spending is expected to remain strong with between R160 billion and R220 billion of Governments R864 billion public infrastructure budget expected over the medium-term expenditure framework period. Most of this expenditure will be directed towards the areas of health care, education and transportation, areas in which Accentuate hold the specification for flooring and are active within the glass and aluminium sectors. In addition Accentuate has seen increased activity in the private sector with specific reference to refurbishments and it remains cautiously optimistic in this regard. A number of private sector opportunities outside of South Africa, have been secured by Floorworx and this provides a solid hedge against public sector spending volatility. Accentuate has seen tremendous growth in exploiting synergies within the group and the supply of both adhesives and screeds from SAFIC to Floorworx is already in operation and expected to make a meaningful contribution during the next financial year. SAFIC also continues to make inroads into the institutional market and has secured a number of impressive tenders that will see its contribution towards group profitability increase dramatically and achieve the objective of increasing annuity business within the division. The development of a unique product and service offering within CGA remains a priority and will ensure that business is secured at attractive and sustainable margins.
14 Sep 2010 08:32:35
(Official Notice)
Shareholders are advised that Accentuate is currently finalising its results for the twelve months ended 30 June 2010. Accentuate's earnings per share and headline earnings per share for the twelve month period are expected to increase by between 20% and 30% over that of the corresponding period. The financial information on which this trading statement is based has not been reviewed by Accentuate's auditors. The results for the year ended 30 June 2010 are expected to be published on SENS by the end of September 2010.
01 Jul 2010 10:09:50
(Official Notice)
In compliance with section 3.59 of the listings requirements of the JSE Ltd, notification is hereby given that Alex Kerrod has resigned all executive positions at Accentuate with effect from 1 July 2010 subsequent to the successful hand over of Centurion Glass and Aluminium. He will remain on the board of Accentuate as Non-Executive Director.
25 May 2010 10:05:31
(Official Notice)
Notification is hereby given that Lindiwe Gadd has been appointed to the board of directors of Accentuate as a non-executive director with effect from 24 May 2010. Dineo Bokaba has been appointed as her alternate director effective the same date. Futhermore, notification is also given that Mfanyana Salanje has resigned from the board of Accentuate, due to resigning from Thebe, with effect from 24 May 2010.
02 Mar 2010 12:31:11
(Official Notice)
Notification is hereby given that Mr Carl Matsobane Khwinana, alternate director to Mfanyana Gerald Salanje has resigned as alternate director effective 1 March 2010.
25 Feb 2010 10:47:15
(C)
Revenue decreased from R161 million to R156 million in 2009. Profit before taxation increased to R11.8 million (December 2008:R11.4 million). Profit attributable to ordinary shareholders decreased to R8.4 million (December 2008:R8.9 million). In addition, headline earnings per share decreased to 8.25cps (December 2008:8.90cps).



Dividend

Notice is hereby given that an interim dividend of 2cps (December 2008: none) has been declared.



Prospects

Looking forward, management is cautiously optimistic regarding the future. The product and service offerings that Accentuate offers, places the group in a position where it can effectively take advantage of the opportunities that are presented in the infrastructure development plan as presented by Government with emphasis on the upgrading and construction of hospitals, clinics, schools and the public transport sectors. In addition to this, the group is currently involved in both the planning and execution of a number of meaningful private sector projects that we believe will ensure sustainable earnings for our investors into the foreseeable future. Accentuate is in the fortunate position where demand for glass and aluminium offering is currently at levels exceeding those in 2008 with an order book at 100% of capacity for the remainder of this financial year. There is also a steady increase in demand for the chemical products offered by SAFIC and we are confident that this trend will continue into the foreseeable future.
03 Nov 2009 14:19:06
(Official Notice)
Shareholders are advised that, at the annual general meeting of Accentuate shareholders held all the resolutions were passed by the requisite majorities of shareholders present and represented by proxy. The special resolution will be lodged for registration with the Registrar of Companies in due course.
30 Sep 2009 14:28:37
(Official Notice)
Shareholders are advised that the annual financial statements of Accentuate were distributed and contain no modifications to the audited results published on SENS on 9 September 2009.



The 2009 annual general meeting of shareholders will be held at 10:00 on Tuesday, 3 November 2009 at the company's registered offices, SAFIC Business Park, 404 Southern Klipriviersberg Road, Steeledale.
09 Sep 2009 08:39:18
(C)
Revenue increased to R298 million (R257.8 million). EBITDA declined to R21.6 million (R25.1 million). The group has achieved an attributable profit of R9.4 million (R16.7 million) for the year ended 30 June 2009. Earnings per share and headline earnings per share decreased by 52% to 9.30cps (19.25cps and 19.59cps).



Dividend

No final dividend has been declared.



Outlook

Looking forward, management is confident that the interventions including cost cutting and right sizing of the various business units within the Accentuate stable have put the group in a position where it can effectively take advantage of the opportunities that are presented in the infrastructure development plan as presented by government with emphasis on the upgrading and construction of hospitals, clinics, schools and the public transport sectors.



Accentuate is in the fortunate position where the demand for the group's glass and aluminium offering currently is at levels exceeding those in 2008 with an order book at 100% of capacity for the first nine months of the new financial year. The company has also seen a steady increase in demand for the chemical products offered by SAFIC and management is confident that this trend will continue into the foreseeable future.
02 Sep 2009 14:35:59
(Official Notice)
Shareholders are advised that Accentuate now expects an improvement to the previous estimate of a decrease in earnings. It is now advised that earnings per share and headline earnings per share for the twelve months ended 30 June 2009 are expected to decrease by between 45% and 55% over that of the corresponding period. The results for the year ended 30 June 2009 are expected to be published on SENS by the middle of September 2009.
31 Jul 2009 15:03:56
(Official Notice)
During the year under review, Accentuate's results were significantly impacted by the delay of government spending over the election period, exacerbated by a spate of public holidays and voting in April 2009 as well as the deferment of projects into the 2010 financial year. The sharp down-turn in the glass and aluminium industry coupled with the general slowdown in the economy resulted in the erosion of margins.



In light of the above, shareholders are advised that Accentuate is currently finalising its results for the twelve months ended 30 June 2009 and are advised that earnings per share and headline earnings per share for the twelve months ended 30 June 2009 are expected to decrease by between 55% and 75% over that of the corresponding period. The company expects a significant improvement in performance in the year ahead. As a result of additional contracts awarded to Accentuate, the overall pipeline is at levels that exceed those achieved at the end of the 2009 financial year. The results for the year ended 30 June 2009 are expected to be published on SENS by the middle of September 2009.
25 Feb 2009 11:37:16
(C)
Turnover increased from R121.8 million to R161.0 million in 2008. Profit before taxation increased to R11.4 million (2007:R10.3 million). Profit attributable to ordinary shareholders surged to R8.9 million (2007:R7.1 million). In addition, headline earnings on a per share basis to 8.90cps (2007:9.80cps).



Dividends per share

No dividends have been declared for the period under review.



Prospects

The outlook for the foreseeable future remains bullish with emphasis on government's infrastructure spending programme on schools, hospitals, public transport, and general social upliftment. Numerous projects have already come on line with the existing project pipeline in which Accentuate is able to participate stretching well beyond 2010. The second half of the year should see increased activity in the areas of the world cup stadiums, airports and public transport infrastructure impacting on both the flooring and glass and aluminium divisions. The hospital revitalization program as well as the announced increase of R4.6 billion for school and clinic building projects will further increase demand for the products. The focus on identified "blue chip" customers by the chemical division should continue to produce the positive results seen during the first half of the financial year with the contribution from this division becoming meaningful during the latter half of the year. In addition to the anticipated increase in activity during the second half of the year and into 2010 and beyond, we are also confident that margins will return to the levels that were experienced prior to 2008. The reduction in the diesel price will have a substantially positive impact on the profitability of the group especially on that of the flooring division situated at least 1000km from the major markets. The strategic entrance of the company into the adhesive market (for flooring products) and the introduction of a variety of new products during the next six months will further contribute towards both the competitive position of the company and flow through to revenue and profitability of the overall business.
13 Nov 2008 13:53:42
(Official Notice)
Shareholders are advised that, at the annual general meeting of Accentuate shareholders held today, all the resolutions were passed by the requisite majorities of shareholders present and represented by proxy. The special resolution will be lodged for registration with the Registrar of Companies in due course.
05 Nov 2008 09:58:48
(Official Notice)
Mfanyana Salanje has been appointed to the board of directors of Accentuate as a non-executive director with effect from 5 November 2008. Matsobane Khwinana has been appointed as his alternate director effective the same date. Futhermore, Manne Dipico has resigned from the board of Accentuate due to other business commitments.
28 Oct 2008 13:53:14
(Official Notice)
Shareholders are advised that the annual financial statements were mailed to shareholders on 22 October 2008, and contain no modifications to the audited results, published on SENS on 18 September 2008. Notice is hereby given that the 2008 annual general meeting of shareholders will be held on 13 November 2008 at 9h00, at SAFIC business Park, 404 Southern Klipriviersberg Road, Steeledale.
21 Oct 2008 10:49:12
(Official Notice)
Shareholders are referred to the announcement dated 2 October 2008 in which it was announced that subject to the fulfilment of certain conditions, Floorworx Africa (Pty) Ltd, a wholly owned subsidiary of Accentuate has purchased the business and certain specified assets and liabilities of Interior Wooden Floors (Pty) Ltd. The final purchase consideration for the business and certain specified assets and liabilities of Interior Wooden Floors was R11.00 million paid as follows:

*R8.25 million paid in cash on 17 October 2008; and

*the issue of 2 925 532 Accentuate shares at 94cps to the vendors of Interior Wooden Floors on 23 October 2008.

Shareholders are advised that all conditions precedent have now been fulfilled and accordingly, the board of directors of Accentuate announce that the acquisition has now become unconditional in all respects.
02 Oct 2008 08:37:02
(Official Notice)
19 Sep 2008 08:57:08
(Official Notice)
Shareholders are advised to continue exercising caution when dealing in the company?s securities until a detailed agreement has been entered into and a full announcement has been made.
18 Sep 2008 08:18:11
(C)
The group has achieved an attributable profit of R16.7m (2007: R10.8m) for the year ended 30 June 2008. This is an increase of 55% on the previous corresponding period. On a turnover growth of 23% the group has increased EBITDA by 41% from the previous reporting period. The EBITDA margin has increased to 9.7% (2007: 8.5%). Earnings per share has increased by 23% to 19.25 cents per share (2007: 15.62 cents per share) and headline earnings per share has increased by 18% to 19.59 cents per share (2007: 16.56 cents per share). The NAV was reported at 153c per share (2007: 116cps).



Dividends

A maiden final dividend of 4 cents per share was declared for the period under review.



Prospects

Accentuate`s strategy remains to capitalise on the enormous growth opportunities in the infrastructural development areas of the southern African economies. The group intends to optimise organic growth and look at increasing existing geographic footprint, while pursuing identified opportunities that have strong cash flows and provide the opportunity for both product and geographic expansion. The relative lack of gearing on the balance sheet creates opportunities for strategic acquisitions. Major infrastructural investments planned by Government in South Africa and those of Southern African countries provide the platform for strong organic growth. The areas identified include the upgrading of health and education facilities as well as the massive anticipated investment into the public transport infrastructure area of the economy.
12 Aug 2008 07:44:53
(Official Notice)
Shareholders are advised that Accentuate has entered into a Heads of Agreement with Interior Wooden Floors (Pty) Ltd ('Wooden Floors') in acquiring the business as a going concern. Interior Wooden Floors provide exclusive solid wooden flooring and accessories to the commercial and upper end residential construction sectors. Interior Wooden Floors has exclusive rights to the Kahrs range. Kahrs, established in 1857, is today one of the leading wooden flooring brands in Europe and has built up a strong brand and presence in the South African market over the past 15 years.



The transaction will expand the array of products of Accentuate's flooring solutions. Shareholders are advised to exercise caution when dealing in the company's securities until a detailed agreement has been entered into and a full announcement has been made.
02 Jul 2008 13:13:50
(Official Notice)
Shareholders are advised that Accent has repurchased 3.41% of its own shares on the open market of the JSE, in accordance with the general authority granted by its shareholders at its annual general meeting held on 29 November 2007.
30 May 2008 13:49:37
(Official Notice)
Shareholders are referred to the announcement dated14 November 2007 in which it was announced that Accentuate has purchased all the issued shares in and the shareholders claims against Silver Falcon Trading 12 (Pty) Ltd, trading as Centurion Glass and Aluminium (Pty) Ltd (CGA) and that the acquisition has become unconditional. CGA has successfully met its profit warranty and accordingly 9 162 303 Accentuate shares at 191 cents per share were issued on 23 May 2008 and the balance of R17.5 million will be settled in cash.
12 May 2008 12:53:02
(Permanent)
Safic Holdings Ltd renamed to Accentuate Ltd on 12 May 2008.
16 Apr 2008 15:07:53
(Official Notice)
All of the resolutions were passed by the requisite majority of Safic shareholders present and represented by proxy. The special resolution to change the name will be submitted for registration with the Registrar of Companies today.



Salient dates and times

Shareholders are reminded of the salient dates below:

*Finalisation date -- Wednesday, 30 April 2008

*Last day to trade -- Friday, 9 May 2008

*Change of name effective from commencement of trading under the JSE Code ACE and ISIN ZAE000115986 -- Monday, 12 May 2008

*List and trade new shares in the new name from commencement of trading -- Monday, 12 May 2008

*Record date -- Friday , 16 May 2008

*Issue to certificated shareholders of new share certificates, posting of share certificates to those shareholders who have submitted their share certificates and surrender forms on or before 12:00 on the record date. Share certificates and surrender forms received after 12:00 on the record date will have their new certificates posted within five days of receipt of surrender .The accounts of dematerialised shareholders at CSDP's and brokers will be updated -- Monday, 19 May 2008

Note: The above dates and times are subject to amendment. Details of such amendment will be released on SENS. Shareholders will not be able to dematerialise or rematerialise securities in the name of Safic after Friday, 9 May 2008.
31 Mar 2008 08:53:21
(Media Comment)
Safic's chief executive, Fred Platt, was quoted in Business Report as saying that the slowdown in the construction sector would not hurt the margins of the group. Platt commented that Safic benefits from "both new property developments and refurbishments" so there was no way of saying whether or not the company would be affected by any slowdown or rising interest rates. Safic was also contemplating acquisitions to entrench its dominance locally.
20 Mar 2008 10:48:42
(Official Notice)
Shareholders are advised that the company has issued a circular today to propose a change of name from Safic Holdings Limited to Accentuate Limited.



The timetable as included in the circular for the name change is as follows:

*Circular posted to shareholders on Thursday, 20 March 2008

*Last day for receipt of proxies for the general meeting by 10:00 on Monday, 14 April 2008

*General meeting at 10:00 on Wednesday, 16 April 2008

*Results of general meeting published on SENS on Wednesday, 16 April 2008

*Finalisation date Wednesday, 30 April 2008

*Last day to trade Friday, 9 May 2008

*Change of name effective from commencement of trading under the JSE Code ACE and ISIN ZAE000115986 on Monday, 12 May 2008

*List and trade new shares in the new name from commencement of trading on Monday, 12 May 2008

*Record date Friday, 16 May 2008

*Issue to certificated shareholders of new share certificates, posting of share certificates to those shareholders who have submitted their share certificates and surrender forms on or before 12:00 on the record date. Share certificates and surrender forms received after 12:00 on the record date will have their new certificates posted within 5 days of receipt of surrender. The accounts of dematerialised shareholders at CSDP`s and brokers will be updated on Monday, 19 May 2008.



A circular containing full detail of the name change was mailed to shareholders.
22 Feb 2008 08:27:09
(C)
The group has achieved headline earnings attributable to ordinary shareholders of R7.85 million for the 6 months ended 31 December 2007. This is a 49.6% increase over the headline earnings for the comparative period ended 31 December 2006. The weighted average number of shares in issue has increased by 27%. On this increased weighted average number of shares the group has still achieved headline earnings per share of 9.8 cents per share. The headline earnings per share exceeds the comparative period earnings by 18% and equates to 66.9% of the forecasted headline earnings of 14.65 cents per share for the 12 month period ended 30 June 2008 as published in the listing prospectus. The group has maintained its gross profit margin over the reporting period and has increased EBITDA from 8.5% at the end of June 2007 to 10.3% for the current reporting period.



Dividends

No dividends have been declared for this reporting period.



Prospects

Although macro economic indicators have changed dramatically compared to the corresponding six months, continued increasing demand is expected for the group?s flooring, glass - aluminium and maintenance products. A number of markets are also opening in Africa due to focused export efforts and the relative weakness of the Rand. Ongoing focus from management on cost control and operational efficiency should see further improvements in operating margins. The focus on previously ignored tender and contractual business within the chemical division has already started to bear fruit and a substantial increase in revenue is anticipated within the next financial year. This coupled with increased efficiency and cost management initiatives should see this division becoming a substantial contributor to both revenue and profit during the 2008/9 financial year.


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