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ASTORIA INVESTMENT LIMITED - Short-Form Announcement: Summarised Unaudited Results for the quarter ended 31 March 2024
2024/04/29 09:00:00Download PDF Stock report
Short-Form Announcement: Summarised Unaudited Results for the quarter ended 31 March 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')
SHORT-FORM ANNOUNCEMENT: SUMMARISED UNAUDITED RESULTS FOR THE QUARTER ENDED 31 MARCH
2024
storia 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 '$'), at a high real rate over time.
Section 12.18 of the SEM Listing Rules requires Astoria to provide quarterly reports to its shareholders.
Astoria's valuation policy is to perform detailed valuations of unlisted investments for interim results (June) and
year end results (December). At all other times, unlisted values are kept unchanged, except in instances where
developments require an immediate and material change in value, which is applied without delay. Price changes
for listed investments and currencies are reflected on an ongoing basis.
Unaudited Audited 31 Unaudited Unaudited Audited 31 Unaudited
31 March December 31 March 31 March December 31 March
2023 2023 2024 2024 2023 2023
1 340.75 1 454.38 1 385.02 ZAR Net asset value US$ 73.39 79.47 75.60
cents per share cents
70 620 21 963 917 49 373 ZAR Income US$ 2 615 1 190 876 3 980
(125.31) (58.77) (115.26) ZAR Loss per US$ (6.10) (3.19) (7.06)
cents share cents
(125.31) (58.77) (115.26) ZAR Headline US$ (6.10) (3.19) (7.06)
cents loss per share cents
No dividends have been declared or paid for the quarter ended 31 March 2024 (Q1 2023: 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 29 April 2024, 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/2024/jse/isse/ARAE/Q1MAR24.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 – 29 April 2024
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 Cascavelle
Business Park, Riviere Noire Road, Cascavelle, 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: 29-04-2024 09:00:00
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