ACSION LIMITED - Unaudited interim financial results for the six months ended 31 August 2019

Unaudited interim financial results for the six months ended 31 August 2019

ACSION LIMITED
(Registration number 2014/182931/06)
(Incorporated in the Republic of South Africa)
Share code: ACS
ISIN: ZAE000198289
("Acsion" or "the Company")
 
Unaudited interim financial results for the six months ended 31 August 2019

- REVENUE
  4.2% increase 
  From R322.8 million to R336.4 million

- HEADLINE EARNINGS PER SHARE
  6.8% decrease
  From 35.3 cents per share to 32.9 cents per share

- EARNINGS PER SHARE
  6.8% decrease
  From 35.3 cents per share to 32.9 cents per share

- NET ASSET VALUE PER SHARE
  15.7% increase
  From 1 528.8 cents per share to 1 768.3 cents per share

No dividend distribution have been paid in the current financial period
 
Prior year had a 25 cents per share dividend distribution for the same period

Property valuations are only performed at year-end

This short form announcement is the responsibility of the directors and is only a summary of the information 
contained in the full announcement which can be found on the Company’s website (https://www.acsionsa.co.za/sens.htm) 
and on the JSE link at https://senspdf.jse.co.za/documents/2019/jse/isse/ACSE/ie2019.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.

Any investment decisions should be based on the full announcement published on SENS and on the Company’s website.

D Green                 K Anastasiadis      
(Chairman)              (Chief Executive Officer)

29 October 2019

Directors: D Green (Chairman)*, K Anastasiadis (CEO), S le Roux (CFO), PD Sekete*, T Jali*, HN Bila*, 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 Limited

Company secretary: MWRK Accountants and Auditors Incorporated Chartered Accountants

www.acsionsa.co.za


Date: 29/10/2019 05:00:00
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