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ASTORIA INVESTMENTS LIMITED - Short-Form Announcement: Summarised unaudited results for the quarter and nine months ended 30 September 2023

Release Date: 30/10/2023 10:00
Code(s): ARA     PDF:  
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Short-Form Announcement: Summarised unaudited results for the quarter and nine months ended 30 September 2023

ASTORIA INVESTMENTS LTD
(Incorporated in the Republic of Mauritius)
(Registration number 129785 C1/GBL)
SEM share code: ATIL.N0000
JSE share code: ARA
ISIN: MU0499N00015
("Astoria" or "the Company")

SHORT-FORM ANNOUNCEMENT: SUMMARISED UNAUDITED RESULTS FOR THE QUARTER AND NINE MONTHS
ENDED 30 SEPTEMBER 2023

Astoria is a Mauritian domiciled global investment company with primary listings of its shares on the Stock
Exchange of Mauritius ("SEM") and the Alternative Exchange ("AltX") of the JSE Limited ("JSE"). Astoria aims to
grow its net asset value ("NAV") per share, measured in US Dollars ("USD" or "$"), at a high real rate over time.

Section 12.18 of the SEM Listing Rules requires Astoria to provide quarterly reports to its shareholders.

Astoria's valuation policy is to perform detailed valuations of unlisted investments for interim results (June) and
year end results (December). At all other times, unlisted values are kept unchanged, except in instances where
developments require an immediate and material change in value, which is applied without delay. Price changes
for listed investments and currencies are reflected on an ongoing basis.

                                               Quarter ended            Quarter ended        Financial year ended
                                           30 September 2023        30 September 2022            31 December 2022
                                                 (Unaudited)              (Unaudited)                   (Audited)
 Net asset value       US$ cents                       74.43                    64.11                      82.66
 per share             R cents                      1 407.67                 1 158.56                   1 405.57
 Income                US$                           395 110                  207 578                  3 746 730
                       R                           7 308 658                5 078 205                 61 268 427
 (Loss)/earnings       US$ cents                       (0.33)                  (5.69)                      19.80
 per share             R cents                         (7.30)                 (86.86)                     323.76
 Headline              US$ cents                       (0.33)                  (5.69)                      19.80
 (loss)/earnings       R cents                         (7.30)                 (86.86)                     323.76
 per share

No dividends have been declared or paid for the quarter ended 30 September 2023 (Q3 2022: Nil).

SHORT-FORM ANNOUNCEMENT

This short-form announcement is the responsibility of the board of directors of Astoria ("Board") and is only a
summary of the information in the full announcement and, accordingly, does not contain full or complete details.
The full announcement was published on SENS and the SEM website on 30 October 2023, and can be found on
the Company's website www.astoria.mu and accessed using the following JSE link:
https://senspdf.jse.co.za/documents/2023/jse/isse/ARAE/Q3SEPT23.pdf

Any investment decisions by shareholders and/or investors should be based on the full announcement released
on SENS and published on the SEM website and published on the Company's website at
www.astoria.mu/publications.

Copies of the full announcement are available to the public, free of charge, at the registered office of the
Company, 1st Floor, 18 Cascavelle Business Park, Riviere Noire Road, Cascavelle, Republic of Mauritius or via
sending an email to info@astoria.mu.

By order of the Board
Mauritius – 30 October 2023

NOTES

Copies of this report are available to the public, free of charge, at the registered office of the Company, 1st Floor,
18 Cascavelle Business Park, Riviere Noire Road, Cascavelle, Republic of Mauritius or via sending an email to
info@astoria.mu.

Copies of the statement of direct or indirect interest of the Senior Officers of the Company pursuant to rule
8(2)(m) of the Securities (Disclosure of Obligations of Reporting Issuers) Rules 2007 are available to the public
upon request to the Company Secretary at the Registered Office of the Company at 1st Floor, 18 Uniciti Office
Park, Black River Road, Bambous, Republic of Mauritius.

This announcement is issued pursuant to SEM Listing Rules 12.20 and 12.21 and section 88 of the Securities Act
2005 of Mauritius. The Board accepts full responsibility for the accuracy of the information in this
announcement.


For further information, please contact:

Designated Advisor
Questco Corporate Advisory Proprietary Limited

Company Secretary
Clermont Consultants (MU) Limited

Date: 30-10-2023 10:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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