Update announcement regarding the specific repurchase 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”) UPDATE ANNOUNCEMENT REGARDING THE SPECIFIC REPURCHASE CIRCULAR TO SHAREHOLDERS Accentuate shareholders are referred to the announcement released by Accentuate on SENS on 21 February 2019 wherein shareholders were advised that Accentuate had agreed to the key terms of a proposed transaction (“Sale of Shares, Claims and Cancellation Agreement”) with Pentafloor Proprietary Limited (“Pentafloor”) whereby Accentuate will dispose of its entire 100% shareholding in Pentafloor to the original Pentafloor vendors. Accentuate shareholders are further referred to the announcements released by Accentuate on SENS on 3 April 2019 and 16 April 2019 relating to subordinated convertible loan agreements, herein after collectively referred to as the “Transactions”. Due to the Transactions happening within a month of the other, the Directors deemed it prudent to combine the two circulars in order to reduce costs. Shareholders are advised that the JSE Limited has 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 specific repurchase. The extension has been granted until 31 May 2019. Johannesburg 18 April 2019 Designated Advisor: Bridge Capital Proprietary Limited Legal Advisor to Accentuate: Fullard, Mayer, Morrison Inc. Date: 18/04/2019 01:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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