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ACCENTUATE LIMITED - Cautionary Announcement

Release Date: 28/12/2015 08:59
Code(s): ACE     PDF:  
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Cautionary Announcement

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

CAUTIONARY ANNOUNCEMENT

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.

Johannesburg
28 December 2015
Designated Adviser: Bridge Capital Advisors Proprietary Limited

Date: 28/12/2015 08:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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