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ACCENTUATE LIMITED - Further update announcement regarding the specific repurchase circular to shareholders

Release Date: 10/09/2019 15:59
Code(s): ACE     PDF:  
Wrap Text
Further update announcement regarding the specific repurchase circular to shareholders

ACCENTUATE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2004/029691/06)
JSE Share code: ACE ISIN: ZAE000115986
(“Accentuate” or “the Company”)


FURTHER UPDATE ANNOUNCEMENT REGARDING THE SPECIFIC REPURCHASE CIRCULAR TO
SHAREHOLDERS

Accentuate shareholders are referred to the announcement released by Accentuate on SENS on 21
February 2019 wherein shareholders were advised that Accentuate had agreed to the key terms of a
proposed transaction (“Sale of Shares, Claims and Cancellation Agreement”) with Pentafloor
Proprietary Limited (“Pentafloor”) whereby Accentuate will dispose of its entire 100% shareholding in
Pentafloor to the original Pentafloor vendors.

Accentuate shareholders are further referred to the announcements released by Accentuate on SENS
on 3 April 2019 and 16 April 2019 relating to subordinated convertible loan agreements.

Shareholders were advised on 5 August 2019 that the circular would be posted by 31 August 2019
however due to a delay in receiving certain information the circular to shareholders is expected to be
posted to shareholders by 30 September 2019.

Johannesburg

10 September 2019

Designated Advisor: Bridge Capital Proprietary Limited

Date: 10/09/2019 03:59:00
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