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ACCENTUATE LIMITED - Trading Statement

Release Date: 22/09/2016 16:34
Code(s): ACE     PDF:  
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Trading Statement

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

TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2016

Accentuate shareholders are advised that basic earnings per share (“EPS”) and headline earnings per
share (“HEPS”) for the year ended 30 June 2016 are expected to be between the following:

          EPS        6.20 and 6.40 cents per share
          HEPS       6.20 and 6.40 cents per share

As a result of the fraudulent activities identified in December 2015 at Floorworx Africa Proprietary
Limited, a 100% held subsidiary of Accentuate, the financial results of Accentuate Limited for the year
ended 30 June 2015 and prior years will be restated. The EPS and HEPS of Accentuate for the year
ended 30 June 2015 was 3.97 cents per share before the restatement. The full details of the restatement
will be disclosed when the Company’s annual financial results are released on SENS.

Following the restatement, the increase in EPS and HEPS will be in excess of 100% and is meaningless
for purposes of comparison. The financial information on which this trading statement is based has been
reviewed by the Company’s auditors. The Company’s annual financial results will be released on or
about 28 September 2016.

Johannesburg
22 September 2016
Designated Adviser: Bridge Capital Advisors Proprietary Limited

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