AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities by an associate

Dealing in securities by an associate

AfroCentric Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Code: ACT     ISIN: ZAE000078416
(“AfroCentric” or “the Company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company
hereby discloses the following trades by an associate of directors of the Company:


 Name of associate:                          WAD Holdings Proprietary Limited (“WAD”)

 Name of directors:                          Antoine van Buuren and Willem Britz

 Designation:                                Executive Directors of AfroCentric

 Relationship of associate to directors:     Antoine van Buuren and Willem Britz are shareholders
                                             and directors of WAD

 Date of transactions:                       12 November 2018      (1)
                                             12 November 2018      (2)

 Nature of transactions:                     On market purchase of AfroCentric securities

 Class of security:                          Ordinary shares

 Number of securities:                            3 226     (1)
                                                 144 694    (2)

 Price per security:                         R4.85          (1)
                                             R4.75          (2)

 Value of transactions:                      R15 646.10 (1)
                                             R687 296.50 (2)

 Nature of interest:                         Indirect Beneficial

 Clearance obtained:                         N/A




Johannesburg
14 November 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

Date: 14/11/2018 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.