| Tue 29 Oct 2019, 17:00 | | ACSION LIMITED - ACS : Unaudited interim financial results for the six months ended 31 August 2019 |
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ACS : Unaudited interim financial results for the six months ended 31 August 2019: https://senspdf.jse.co.za/documents/2019/jse/isse/acse/ie2019.pdf
Unaudited interim financial results for the six months ended 31 August 2019
ACSION LIMITED
(Registration number 2014/182931/06)
(Incorporated in the Republic of South Africa)
Share code: ACS
ISIN: ZAE000198289
("Acsion" or "the Company")
Unaudited interim financial results for the six months ended 31 August 2019
- REVENUE
4.2% increase
From R322.8 million to R336.4 million
- HEADLINE EARNINGS PER SHARE
6.8% decrease
From 35.3 cents per share to 32.9 cents per share
- EARNINGS PER SHARE
6.8% decrease
From 35.3 cents per share to 32.9 cents per share
- NET ASSET VALUE PER SHARE
15.7% increase
From 1 528.8 cents per share to 1 768.3 cents per share
No dividend distribution have been paid in the current financial period
Prior year had a 25 cents per share dividend distribution for the same period
Property valuations are only performed at year-end
This short form announcement is the responsibility of the directors and is only a summary of the information
contained in the full announcement which can be found on the Company's website (https://www.acsionsa.co.za/sens.htm)
and on the JSE link at https://senspdf.jse.co.za/documents/2019/jse/isse/ACSE/ie2019.pdf)
The full announcement is available for inspection, at no charge, at the registered office of Acsion at
Mall@Reds Shopping Centre, Corner Hendrik Verwoerd and Rooihuiskraal Drive, Rooihuiskraal Ext 15,
Centurion, from 08:00 to 17:00 on business days or copies of the full announcement are available on request
by emailing sandarie@acsionsa.co.za.
Any investment decisions should be based on the full announcement published on SENS and on the Company's website.
D Green K Anastasiadis
(Chairman) (Chief Executive Officer)
29 October 2019
Directors: D Green (Chairman)*, K Anastasiadis (CEO), S le Roux (CFO), PD Sekete*, T Jali*, HN Bila*, M Hlobo*
(*Independent non-executive)
Registered office: Mall@Reds, 1st Floor, Corner of Rooihuiskraal and Hendrik Verwoerd Drives,
Rooihuiskraal, Ext 15, Centurion
Postal address: PO Box 569, Wierda Park, 0149
Registration number: 2014/182931/06
Transfer secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers,
15 Bierman Avenue, Rosebank, 2192
Sponsor: Nedbank Corporate and Investment Banking Limited
Company secretary: MWRK Accountants and Auditors Incorporated Chartered Accountants
www.acsionsa.co.za
Date: 29/10/2019 05:00:00
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