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ACCENTUATE LIMITED - Cautionary Update

Release Date: 11/02/2016 09:15
Code(s): ACE     PDF:  
Wrap Text
Cautionary Update

Accentuate Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/029691/06)
JSE Share Code: ACE ISIN : ZAE 000 115986
(“Accentuate” or “the Company”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

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.

Johannesburg
11 February 2016
Designated Adviser: Bridge Capital Advisors Proprietary Limited

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