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ACSION LIMITED - Summarised provisional consolidated financial results for the year ended 28 February 2021

Release Date: 01/06/2021 13:50
Code(s): ACS     PDF:  
Wrap Text
Summarised provisional consolidated financial results for the year ended 28 February 2021

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

SUMMARISED PROVISIONAL CONSOLIDATED FINANCIAL RESULTS  
FOR THE YEAR ENDED 28 FEBRUARY 2021 
Highlights 

REVENUE 
1.5% increase 
from R687.0 million to 
R697.3 million 

HEADLINE EARNINGS PER SHARE 
8.7% increase 
from 65.61 cents per share to 
71.32 cents per share 

EARNINGS PER SHARE 
77.7% decrease 
from 123.40 cents per share to 
27.52 cents per share 

NET ASSET VALUE PER SHARE# 
0.3% increase 
from 1 789.43 cents per share to 
1 795.40 cents per share 
#Restated in prior year 
No dividends were declared for either periods under review.

This short form announcement is the responsibility of the directors. It is only a summary of the information contained in
the full announcement and does not contain full or complete details and was released on SENS on 31 May 2021. The full
announcement can be found on the Company's website (https://www.acsionsa.co.za/sens.php) and on the JSE's
website at https://senspdf.jse.co.za/documents/2021/jse/isse/ACSE/ye2021.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.

The Group's auditor, RSM South Africa Incorporated, has issued an unmodified review opinion.
Any investment decisions should be based on the full announcement published on SENS and on the Company's website.

T Jali                                 K Anastasiadis
Chairman                               Chief Executive Officer

31 May 2021

The reviewed results published on SENS on 1 June 2021.

Directors: T Jali (Chairman)*, K Anastasiadis (CEO), S le Roux (FD), PD Sekete*, 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, a division of Nedbank Limited 
Company secretary: MWRK Accountants and Auditors Incorporated Chartered Accountants 

Date: 01-06-2021 01:50:00
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