Unaudited interim financial results for the six months ended 31 August 2020
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 2020
Highlights
REVENUE
21.4% decrease from
R336.4 million to R264.5 million
HEADLINE EARNINGS PER SHARE
26.5% decrease from 32.4 cents per
share to 23.8 cents per share
EARNINGS PER SHARE
27.7% decrease from 32.9 cents per
share to 23.8 cents per share
NET ASSET VALUE PER SHARE
7.3% increase from 1 768.3 cents
per share to 1 898.1 cents
per share
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 26 November 2020. The full
announcement can be found on the Company's website https://www.acsionsa.co.za/sens.htm and on the JSE's website at
https://senspdf.jse.co.za/documents/2020/jse/isse/ACSE/ie2020.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.
T Jali K Anastasiadis
Chairman Chief Executive Officer
26 November 2020
Directors: T Jali (Chairman)*, K Anastasiadis (CEO), S le Roux (FD), PD Sekete*, M Hlobo* (*Independent non-executive)
Registered offce: 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
Company secretary: MWRK Accountants and Auditors Incorporated Chartered Accountants
www.acsionsa.co.za
Date: 26-11-2020 05:00:00
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