AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities

Dealing in securities

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 A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company
hereby discloses the following trade by a director of the Company and an associate of a director of the
Company:

(1)

 Name of director:                           Mr Ahmed Banderker

 Designation:                                Afrocentric Group Chief Executive Officer

 Date of transactions:                       17 September 2019

 Nature of transactions:                     On market purchase of AfroCentric securities

 Class of security:                          Ordinary shares

 Number of securities:                       104 526


 Average weighted price per security:        R3.27

 Highest price traded: R3.30
 Lowest price traded: R3.21

 Value of transactions:                      R341 520.54



 Nature of interest:                         Direct Beneficial

 Clearance obtained:                         Yes

 (2)

 Date of transactions:                       18 September 2019 (1)
                                             19 September 2019 (2)

 Nature of transactions:                     On market purchases of AfroCentric securities

 Number of securities:                       18 000 (1)
                                             82 000 (2)

 Price per security:                         R3.30 (1)
                                             R3.30 (2)

 Value of transactions:                      R 59 400       (1)
                                             R270 600       (2)
Clearance obtained:                       Yes



Johannesburg
20 September 2019

Sponsor
Sasfin Capital (a member of the Sasfin Group)

Date: 20/09/2019 01:42:00
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