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ACCENTUATE LIMITED - Trading statement for the year ended 30 June 2020

Release Date: 07/12/2020 15:50
Code(s): ACE     PDF:  
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Trading statement for the year ended 30 June 2020

Accéntuate Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/029691/06)
JSE Share Code: ACE     ISIN: ZAE 000 115986
(“Accéntuate” or “the Group” )


TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2020


In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading
statement as soon as they become reasonably certain that the financial results for the period to be
reported upon will differ by 20% or more from that of the previous corresponding period.

Shareholders are accordingly advised that:
    -   Headline loss per share (“HEPS”) for the Group for the year ended 30 June 2020 is expected
        to be 15.15 cents. This is 3% lower than the 15.61 cents loss reported for the year ended 30
        June 2019 (“the comparative period”); and


    -   Loss per share (“EPS”) for the Group for the period is expected to be 5.21 cents. This is 70%
        lower than the 17.46 cents loss reported for the comparative period.


 HEPS and EPS for the Group for the period have been impacted by the COVID-19 pandemic, which
 materially and adversely affected the supply and demand for the Group’s products; and low
 government infrastructure spend. Increase in EPS was mainly impacted by the gain on disposal of a
 subsidiary during the year.


Shareholders are advised that the information provided in this trading statement has not been
reviewed and reported on by the Group’s external auditors.



Johannesburg
07 December 2020
Designated Adviser: Bridge Capital Advisors Proprietary Limited

Date: 07-12-2020 03:50:00
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