AFROCENTRIC INVESTMENT CORP LIMITED - Dealings by an associate of a director

Dealings by an associate of a director

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 A DIRECTOR
In compliance with paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements,
the Company hereby discloses the following dealing in the Company’s shares:

Name of director:                        Mr D Dempers

Designation:                             Group CEO

Associate:                               Duelco Investments 65 Proprietary Limited
                                         in which Mr Dewald Dempers holds an
                                         interest

Date of transaction:                     30 September 2014

Nature of transaction:                   Sale of AfroCentric shares – on-market trade

Class of securities:                     Ordinary shares

Nature of interest:                      Indirect beneficial


Number of securities:                    65 000

Price:                                   VWAP R5.1384, high 525 cents, low 500
                                         cents

Value:                                   R333 996


Date of transaction:                     1 October 2014

Number of securities:                    85 000

Price:                                   VWAP R5.1613, high 5.21 cents, low 5.11
                                         cents

Value:                                   R438 712.35

Clearance to trade obtained:             Yes
Johannesburg
3 October 2014

Sponsor:
Sasfin Capital
(A division of Sasfin Bank Limited)

Date: 03/10/2014 04:51:00 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.