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Further update announcement regarding the Category 1 circular to shareholders
ACCENTUATE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2004/029691/06)
JSE Share code: ACE ISIN: ZAE000115986
(“Accentuate” or “the Company”)
FURTHER UPDATE ANNOUNCEMENT REGARDING THE CATEGORY 1 CIRCULAR TO SHAREHOLDERS
Accentuate shareholders are referred to the announcement released by Accentuate on SENS on 6
April 2020 (“the Announcement”). Shareholders were advised in the Announcement, that Accentuate
had agreed to the key terms of a proposed transaction (“Sale of Shares and Sale Claims”) with Safic
Proprietary Limited (“Safic”), in terms of which Accentuate will dispose of 100% of its shareholding in
Safic, constituting Accentuate’s entire shareholding in Safic, to the purchasers (“the Transaction”).
Shareholders were further advised on 8 June 2020 that the JSE Limited had granted the Company an
extension to the 60-day rule pursuant to paragraph 11.23 of the JSE Listings Requirements to dispatch
the circular to shareholders regarding the Transaction by 10 July 2020. Due to a delay in finalising the
financial review, shareholders are advised that the JSE Limited has granted the Company a further
extension to the 60-day rule to dispatch the circular to shareholders regarding the Transaction.
The extension has been granted until 31 July 2020.
Johannesburg
10 July 2020
Designated Advisor: Bridge Capital Advisors Proprietary Limited
Legal Advisor to Accentuate: Fullard Mayer Morrison Inc.
Date: 10-07-2020 07:05:00
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