ACSION LIMITED - Dividend declaration finalisation announcement

Dividend declaration finalisation announcement

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

Dividend declaration finalisation announcement

Shareholders are referred to Acsion’s reviewed provisional condensed consolidated results for the year
ended 28 February 2017 released on SENS on 29 May 2017, wherein the board of directors had decided
to propose a dividend of 12.5 cents per share for the year ended 28 February 2017 (2016: Nil).

The board of directors are now in a position to confirm the declaration of a gross dividend of 12.5 cents
per share. The dividend has been declared out of income reserves.

In terms of dividend tax, the following additional information is disclosed:

-     the dividend is subject to dividend tax of 20%; and
-     the net dividend will therefore be 10.0 cents per share for shareholders who are not exempt from
      dividend tax.

The amount of shares in issue at the date of this declaration is 394 959 976 and the Company's tax
reference number is 9794017161.

In order to comply with the requirements of Strate, the relevant dates are as follows:

    Last day to trade cum dividend                      Tuesday, 25 July 2017
    Shares commence trading ex dividend                 Wednesday, 26 July 2017
    Record date                                         Friday, 28 July 2017
    Payment date                                        Monday, 31 July 2017

Shares may not be rematerialised or dematerialised from Wednesday, 26 July 2017 to Friday, 28 July
2017, both days inclusive.

Payments will only be made by way of electronic funds transfer and shareholders are urged to ensure that
the Transfer secretaries have their updated banking details.

Johannesburg

Sponsor
Nedbank Corporate and Investment Banking
11 July 2017

Date: 11/07/2017 10:29:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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