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Wed 29 Nov 2023, 17:26 ACSION LIMITED - Condensed Consolidated Unaudited Interim Results and Cash Dividend Declaration for the 6 months ended 31 August 2023
Condensed Consolidated Unaudited Interim Results and Cash Dividend Declaration for the 6 months ended 31 August 2023

Condensed consolidated unaudited interim
results and cash dividend declaration
for the six months ended 31 August 2023



Acsion Limited               Revenue (R'000)               Earnings per share             Headline earnings per share
Registration number:
2014/182931/06
                             UP  20%                       UP 70%                         DOWN  9%
(Incorporated in             to R692 250                   to 218 cents                   to 71 cents
the Republic of              (Aug 2022: R576 356)          (Aug 2022: 128 cents)          (Aug 2022: 78 cents)
South Africa)
Share code: ACS              Interim dividend declared                                    Net asset value per share
ISIN: ZAE000198289
("Acsion" or "the            16.40 cents per share                                        UP  17%
Company")                    (Aug 2022: 18 cents per share)                               to 2 616 cents (Aug 2022: 2 228 cents)



Dividends                                                      Acsion's income tax reference number is 9794017161.
                                            
On 29 November 2023, the Board of directors                    In compliance with the requirements of Strate, the
declared an interim cash gross dividend (No 6) of              Company has determined the following salient dates
16.40 cents per ordinary share, payable out of income          for the payment of the final dividend:
reserves to all shareholders of Acsion Limited.
The dividend per share is based on 394 959 976                 Last day to trade              Tuesday,
shares in issue as at the date of the dividend                 cum dividend                   19 December 2023
declaration and therefore amounts to                           Shares commence                Wednesday,
R64 773 436.06 in aggregate. The net dividend                  trading ex dividend            20 December 2023
amount, after deducting South African dividend                                                Friday,
tax of 20%, which equates to 3.28 cents, is                    Record date                    22 December 2023
13.12 cents per share for those shareholders                                                  Wednesday,
that are not exempt from dividend tax.                         Payment date                   27 December 2023
                                                                                 

Shares may not be rematerialised or dematerialised between Wednesday, 20 December 2023 and
Friday, 22 December 2023, both days inclusive.

Short form announcement

This short form announcement is the responsibility of the directors. It is only a summary of the information
contained in the full announcement released on SENS on 29 November 2023. The full announcement is
available on the Company's website www.acsionsa.co.za/results.htm and on the JSE's cloudlink at
https://senspdf.jse.co.za/documents/2023/jse/isse/ACSE/interims23.pdf.

The full announcement is available for inspection, at no charge, at the registered office of Acsion at
Mall@Reds Shopping Centre, Corner of Hendrik Verwoerd and Rooihuiskraal Ext 15, Centurion and
its Sponsor, from 08:00 to 17:00 on business days. Copies of the full announcement are available
on request by emailing lizette@anaprop.co.za.

Any investment decisions should be based on the full announcement published on SENS and on
the Company's website.


H Zarca                   K Anastasiadis
Chairman                  Chief Executive Officer

29 November 2023

Directors: K Anastasiadis (CEO), C van Rensburg (FD),      Auditors: BDO South Africa Incorporated, Wanderers
PD Sekete#, M Kok*, L Osrin-Karp*, H Zarca (Chairman)*     Office Park, 52 Corlett Drive, Illovo, Sandton, 2196

* Independent non-executive? #Non-executive                Transfer secretaries: Computershare Investor Services
                                                           Proprietary Limited, Rosebank Towers, 15 Biermann
Registered office: Mall@Reds, 1st Floor, Corner            Avenue, Rosebank, 2192                   
of Rooihuiskraal and Hendrik Verwoerd Drives,                                                            
Rooihuiskraal, Ext 15, Centurion                           Sponsor: Merchantec Capital, Illovo Point,            
                                                           13th Floor, 68 Melville Road, Illovo, Sandton, 2196
Postal address: PO Box 569, Wierda Park, 0149                          
                                                           Company secretary: MWRK Accountants 
                                                           and Auditors Incorporated
                                                            
                                                            

                                                                                            

Date: 29-11-2023 05:26:00
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