ASTORIA INVESTMENTS LIMITED - Short-Form Announcement: Summarised Unaudited Results for six months ended 30 June 2023 and Renewal of Cautionary

Short-Form Announcement: Summarised Unaudited Results for six months ended 30 June 2023 and Renewal of Cautionary

ASTORIA INVESTMENTS LTD
(Incorporated in the Republic of Mauritius)
(Registration number 129785 C1/GBL)
SEM share code: ATIL.N0000
JSE share code: ARA
ISIN: MU0499N00015
(“Astoria” or “the Company”)

SHORT-FORM ANNOUNCEMENT: SUMMARISED UNAUDITED RESULTS FOR THE QUARTER AND SIX MONTHS
ENDED 30 JUNE 2023 AND RENEWAL OF CAUTIONARY ANNOUNCEMENT

Astoria is a Mauritian domiciled global investment company with primary listings of its shares on the Stock
Exchange of Mauritius (“SEM”) and the Alternative Exchange (“AltX”) of the JSE Limited (“JSE”). Section 12.18 of
the SEM Listing Rules requires Astoria to provide quarterly reports to its shareholders.

Astoria aims to grow its Net Asset Value (“NAV”) per share, measured in US Dollars (“USD” or “$”), at a high real
rate over time. Astoria’s valuation policy is to perform detailed valuations of unlisted investments for interim
results (June) and year end results (December). At all other times, unlisted values are kept unchanged, except
in instances where developments require an immediate and material change in value, which is applied without
delay. Price changes for listed investments and currencies are reflected on an ongoing basis.

                                                Quarter ended         Quarter ended     Financial year ended
                                                 30 June 2023          30 June 2022         31 December 2022
                                                  (Unaudited)           (Unaudited)                (Audited)
 Net asset value   US$ cents                            74.76                 69.23                    82.66
 per share         R cents                           1 408.49              1 130.70                 1 405.57
 Income            US$                                390 094             3 294 425                3 746 730
                   R                                7 100 582            50 746 795               61 268 427
 Earnings per      US$ cents                           (0.83)                (0.84)                    19.80
 share             R cents                            (18.32)               (11.72)                   323.76
 Headline earnings US$ cents                           (0.83)                (0.84)                    19.80
 per share         R cents                            (18.32)               (11.72)                   323.76

No dividends have been declared or paid for the quarter ended 30 June 2023.

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement released on SENS and the SEM on 14 July 2023 and
are advised that negotiations are still on-going in respect of a potential acquisition, which, if successfully
concluded, may have a material effect on the price of the Company’s securities.

Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company’s securities
until a further announcement is made or the cautionary announcement is withdrawn.

SHORT-FORM ANNOUNCEMENT

This short-form announcement is the responsibility of the board of directors of Astoria (“Board”) and is only a
summary of the information in the full announcement and, accordingly, does not contain full or complete details.
The full announcement was published on SENS and the SEM website on 2 August 2023, and can be found on the
Company’s website www.astoria.mu and can be accessed using the following JSE link:
https://senspdf.jse.co.za/documents/2023/jse/isse/ARAE/Int23.pdf

Any investment decisions by shareholders and/or investors should be based on the full announcement released
on SENS and published on the SEM website and published on the Company’s website at
https://astoria.mu/investor-relations/investor-communication/.

Copies of the full announcement are available to the public, free of charge, at the registered office of the
Company, 18 Cascavelle Business Park, Riviere Noire Road, Cascavelle, 90522, Republic of Mauritius.


By order of the Board
Mauritius – 2 August 2023

NOTES

Copies of this report are available to the public, free of charge, at the registered office of the Company, 18
Cascavelle Business Park, Riviere Noire Road, Cascavelle, 90522, Republic of Mauritius or via sending an email
to info@astoria.mu.

Copies of the statement of direct or indirect interest of the Senior Officers of the Company pursuant to rule
8(2)(m) of the Securities (Disclosure of Obligations of Reporting Issuers) Rules 2007 are available to the public
upon request to the Company Secretary at the Registered Office of the Company at 18 Cascavelle Business Park,
Riviere Noire Road, Cascavelle, 90522, Republic of Mauritius.

This announcement is issued pursuant to SEM Listing Rules 12.20 and 12.21 and section 88 of the Securities Act
2005 of Mauritius. The Board accepts full responsibility for the accuracy of the information in this
announcement.


For further information, please contact:

Designated Advisor
Questco Corporate Advisory Proprietary Limited

Company Secretary
Clermont Consultants (MU) Limited

Date: 02-08-2023 02:45:00
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