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Acsion - scrip distribution ratio
Shareholders were referred to the Cash Dividend and the Scrip Distribution Alternative, in terms of which Shareholders are entitled, in respect of all or part of their shareholding, to elect to receive new, fully paid Acsion ordinary shares in proportion to their ordinary shareholding on the Record Date, being Friday, 14 August 2026, as an alternative to the Cash Dividend, had been distributed to Shareholders.
The number of Scrip Distribution Shares to which each Shareholder will become entitled pursuant to the Scrip Distribution (subject to their election thereto) will be determined by reference to such Shareholder's ordinary shareholding in Acsion (at the close of trade on the JSE on the Record Date) in relation to the ratio that 24 ZAR cents bears to the volume weighted average price (VWAP) of a Share traded on the JSE during the 30-day trading period ended on Friday, 26 June 2026, less a discount of 5%, less the amount of the Cash Dividend, provided that, where the application of this ratio gives rise to a fraction of a Share, the rounding principles will be applied.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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