ACCENTUATE LIMITED - General Issue of Shares for Cash

General Issue of Shares for Cash

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

GENERAL ISSUE OF SHARES FOR CASH

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 Limited (“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.

Johannesburg
7 July 2016
Designated Adviser: Bridge Capital Advisors Proprietary Limited

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