ACE
ACE
ACE - Accentuate Limited - Cautionary announcement
Accentuate Limited
(previously known as Safic Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2004/029691/06)
(JSE code: ACE ISIN: ZAE000115986)
("Accentuate" or "the company")
CAUTIONARY ANNOUNCEMENT
Shareholders are advised that Accentuate Limited has entered into a Heads of
Agreement with Interior Wooden Floors (Pty) Limited (`Wooden Floors`) in
acquiring the business as a going concern.
Interior Wooden Floors provide exclusive solid wooden flooring and accessories
to the commercial and upper end residential construction sectors. Interior
Wooden Floors has exclusive rights to the Kahrs range. Kahrs, established in
1857, is today one of the leading wooden flooring brands in Europe and has built
up a strong brand and presence in the South African market over the past 15
years.
Accentuate is engaged in the manufacturing and distribution of infrastructural
supplies and maintenance solutions including flooring, chemical cleaning and
glass & aluminium related products and services. The transaction will expand the
array of products of its flooring solutions.
Shareholders are advised to exercise caution when dealing in the company`s
securities until a detailed agreement has been entered into and a full
announcement has been made.
12 August 2008
Johannesburg
Designated Adviser
Exchange Sponsors (Pty) Limited
Date: 12/08/2008 07:47:01 Produced by the JSE SENS Department.
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