Bianca and Larry Shakinovsky agreed to acquire Pentafloor Proprietary Limited from Accentuate Limited (JSE:ACE) for ZAR 16 million on February 21, 2019. The consideration included ZAR 13 million cash and 5,317,431 ordinary shares of Accentuate held by Bianca and Larry Shakinovsky. The cash consideration need to be transferred into the trust account of Stein Scop Attorneys Inc. Accentuate is required to obtain shareholder approval to buy back the Accentuate Shares from Pentafloor within 180 days with effect from 28 February 2019 as part payment of the purchase consideration. Failing shareholder approval, Accentuate will be paid the market value of such shares. The Accentuate board in the form of a resolution approved the sale of shares and cession of the sales claim in Pentafloor to Bianca and Larry Shakinovsky. The cash component of the transaction will be used by the Accentuate to settle the outstanding balance on the term loan that was obtained to purchase part of the shares of Pentafloor. The transaction is expected to complete on December 9, 2019. Fullard Mayer Morrison Attorneys acted as a legal advisor to Accentuate Limited. Bridge Capital Proprietary Limited acted as a financial advisor to Accentuate. Bianca and Larry Shakinovsky cancelled the acquisition of Pentafloor Proprietary Limited from Accentuate Limited (JSE:ACE) on February 21, 2020.