ACSION LIMITED - Dividend Declaration

Dividend Declaration

Acsion Limited
Incorporated in the Republic of South Africa
(Registration number 2014/182931/06)
Share code: ACS   ISIN: ZAE000198289
(“Acsion” or “the Company”)
DIVIDEND DECLARATION


  1. Introduction
     Further to the release of the ‘Summarised Audited Consolidated Annual Financial Results and
     Cash Dividend Declaration for the Year Ended 28 February 2022’ on Friday, 10 June 2022,
     shareholders are hereby advised that the dividend declared is actually No 3, and not No 1, as
     updated below.

  2. Dividend Declaration
     The board of directors has declared a final cash gross dividend (No. 3) of 18 cents per ordinary
     share, payable out of income reserves to all shareholders of Acsion Limited. The dividend per
     share is calculated based on 394 959 976 shares in issue as at the date of the dividend
     declaration and therefore amounts to R71 092 795.68 in aggregate.

     The net dividend amount, excluding South African dividend tax of 20%, which equates to 3.6
     cents, is 14.4 cents per share for those shareholders that are not exempt from dividend tax.

     Acsion’s income tax reference number is 9794017161.

     In compliance with the requirements of Strate, the Company has determined the following
     salient dates for the payment of the final dividend:

     Last day to trade cum dividend                                        Tuesday, 12 July 2022
     Shares commence trading ex dividend                                 Wednesday, 13 July 2022
     Record date                                                            Friday, 15 July 2022
     Payment date                                                           Monday, 18 July 2022


     Shares may not be rematerialised or dematerialised between Wednesday, 13 July 2022 and
     Friday, 15 July 2022, both days inclusive.


Johannesburg
13 June 2022

Sponsor
Merchantec Capital

Date: 13-06-2022 12:24:00
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