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ASTORIA INVESTMENTS LIMITED - Voluntary Trading Statement for the year ended 31 December 2024

Release Date: 14/03/2025 13:30
Code(s): ARA     PDF:  
Wrap Text
Voluntary Trading Statement for the year ended 31 December 2024

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")


VOLUNTARY TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024


The board of directors of Astoria ("Board") considers the net asset value ("NAV") per share of the Company to
be the best indicator of its financial performance.

The Company is in the process of finalising its financial results for the year ended 31 December 2024 ("Results").
Shareholders are advised that the Board has a reasonable degree of certainty that Astoria's NAV per share as at
31 December 2024 will be between 59.60 and 63.58 USD cents (between 1 125.56 and 1 200.60 ZAR cents). This
represents a decrease of between 20% and 25% from the NAV per share of 79.47 USD cents (a decrease of
between 17.4% and 22.6% from the NAV per share of 1 454.38 ZAR cents) as at 31 December 2023.

The audited Results are expected to be released on SENS on or about 24 March 2025.

The contents of this trading statement and the financial information on which it has been based have not been
reviewed, audited or reported on by the Company's auditors.

Astoria has primary listings on the Stock Exchange of Mauritius and the Alternative Exchange of the JSE.

This announcement is issued pursuant to SEM Listing Rules 11.3 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the
information contained in this announcement.

14 March 2025

Mauritius


JSE Designated Advisor                                            Company Secretary
Questco Corporate Advisory Proprietary Limited                    Clermont Consultants (MU) Limited

Date: 14-03-2025 01:30:00
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