ACSION LIMITED - Summarised provisional consolidated financial results for the year ended 29 February 2020

Summarised provisional consolidated financial results for the year ended 29 February 2020

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

Annual Financial Results 
For the year ended 29 February 2020 

Highlights 

up
REVENUE
5.1% increase from
R653.4 million to R687.0 million

down
HEADLINE EARNINGS PER SHARE
8.5% decrease from 71.73 cents per  
share to 65.61 cents per share

down
EARNINGS PER SHARE
47.2% decrease from 233.93 cents per 
share to 123.40 cents per share  

up
NET ASSET VALUE PER SHARE
7.4% increase from 1 733.56 cents
per share to 1 861.09 cents 
per share

No dividend was proposed for 2019 or 2020 

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 28 May 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/ye2020.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. In addition, the auditor's unmodified report, including 
key audit matters, is contained in the annual financial statements which are available on the Company's 
website at https://www.acsionsa.co.za/results.htm. 

Any investment decisions should be based on the full announcement. 

D Green          K Anastasiadis 
Chairman         Chief Executive Officer 

28 May 2020

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

Company secretary: MWRK Accountants and Auditors Incorporated Chartered Accountants

Sponsor: Nedbank Corporate and Investment Banking 

www.acsionsa.co.za

Date: 28-05-2020 05:00:00
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