Acsion Limited

Incorporated in the Republic of South Africa

(Registration number 2014/182931/06) Share code: ACS ISIN: ZAE000198289

DEALINGS IN SECURITIES BY A PRESCRIBED OFFICER - SALE OF SHARES TO AN ASSOCIATE

In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following is disclosed:

Company:

Acsion Limited

Name of prescribed officer:

Mr A N Kyriazis

Class of securities:

Ordinary shares ("Shares")

Nature of transaction:

Off market sale of Shares by the prescribed officer, Mr A N

Kyriazis, to Kolona 87 Proprietary Limited ("Kolona"), an

associate

Extent of prescribed officer's interest:

Indirect beneficial

Clearance to deal obtained:

Yes

Date of transaction:

5 July 2022

Number of securities:

1 750 000

Price per security:

R5.01

Total value:

R8 767 500

Relationship of prescribed officer to

Kolona is wholly owned by the Atrios Trust, a family trust of

associate:

which Mr A N Kyriazis is both a beneficiary and a trustee.

Johannesburg

11 July 2022

Sponsor

Merchantec Capital

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Acsion Ltd. published this content on 11 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2022 14:53:09 UTC.