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ACCENTUATE LIMITED - Dealings in Securities by an Associate of a Director of the Company and Disclosure of Acquisition and Disposal

Release Date: 19/05/2016 16:49
Code(s): ACE     PDF:  
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Dealings in Securities by an Associate of a Director of the Company and Disclosure of Acquisition and Disposal

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

DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY AND
DISCLOSURE OF ACQUISITION AND DISPOSAL OF SECURITIES

In compliance with paragraphs 3.63 – 3.74 of the Listings Requirements of the JSE Limited, the
following information is disclosed:

Name of associate:                Trustee Board Investments Proprietary Limited (“TBI”)
Name of director:                 M.M. (Thys) du Preez (non-executive director of Accentuate)
                                  who is a director and shareholder of TBI, a major shareholder of
                                  Accentuate
Date of transaction:              18 May 2016
Price per share:                  80 cents
Number of shares:                 31 948 619
Total value:                      R25 558 895.20
Class of securities:              Ordinary shares
Nature of transaction:            Sale (Off market transaction)
Nature of interest:               Indirect Beneficial

Name of associate:                Private Equity Partners Proprietary Limited (“PEP”)
Name of director:                 M.M. (Thys) du Preez (non-executive director of Accentuate)
                                  who is a director and indirect shareholder of PEP, a 100%
                                  subsidiary of TBI, a major shareholder of Accentuate
Date of transaction:              18 May 2016
Price per share:                  80 cents
Number of shares:                 31 948 619
Total value:                      R 25 558 895.20
Class of securities:              Ordinary shares
Nature of transaction:            Purchase (Off market transaction)
Nature of interest:               Indirect Beneficial

The above transaction done between TBI and PEP was made in order to reallocate their
investment holdings. The portfolio adjustment was made by TBI in order to hold the Accentuate
investment together with their other strategic investments. The transaction has given rise to the
disclosure below.

DISCLOSURE OF DISPOSAL OF SECURITIES

In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008 as amended
(“the Act”) and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are
hereby advised that the Company has received formal notification in the prescribed form that TBI
has disposed all of their securities of the Company such that the total interest in the securities of
the Company held by TBI now amounts to 0% of the total issued securities of that class in the
share capital of the Company.

DISCLOSURE OF ACQUISITION OF SECURITIES

In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008 as amended
(“the Act”) and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are
hereby advised that the Company has received formal notification in the prescribed form that PEP
has acquired an interest in the securities of the Company such that the total interest in the
securities of the Company held by PEP amounts to 26.8% of the total issued securities of that
class in the share capital of the Company.

19 May 2016
Johannesburg
Designated Adviser: Bridge Capital Advisors Proprietary Limited

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