ACSION LIMITED - Notification of a disposal of beneficial interest in securities

Notification of a disposal of beneficial interest in securities

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

NOTIFICATION OF A DISPOSAL OF BENEFICIAL INTEREST IN SECURITIES

In compliance with paragraph 3.83(b) of the JSE Limited Listings Requirements and section 122(3)(b) of the
Companies Act 71 of 2008 (the “Companies Act”), shareholders are advised that Acsion has received formal
notification in accordance with section 122(1) of the Companies Act from the Papas Trust that the Papas Trust
has disposed of a 2.025% beneficial interest in Acsion ordinary shares such that the total beneficial interest held
by the Papas Trust now amounts to 4.925% of the total number of Acsion ordinary shares in issue.

As required in terms of section 122(3)(a) of the Companies Act, Acsion has filed the required notices with the
Takeover Regulation Panel.

24 June 2021

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 24-06-2021 02:35:00
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