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 AND 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 a director of the Company and an associate of directors of the
Company:


Name of Director:                                  Mr Hannes Boonzaaier

Designation:                                       Financial Director of AfroCentric

Class of securities:                               Ordinary shares

Nature of interest:                                Direct beneficial

Dates of transaction:                              27 March 2018

Nature of transaction:                             On market purchase of AfroCentric securities

Number of securities purchased:                    4 000

Price per security:                                R5.90

Value of transaction:                              R23 600.00

Clearance obtained:                                Yes


Name of associate:                                 Golden Pond Trading 175 Proprietary Limited
                                                   (“Golden Pond”)

Names and designations of directors:               Dr Nkateko Munisi, Dr Anna Mokgokong and Mr
                                                   Joe Madungandaba are all Non-Executive
                                                   Directors of AfroCentric.

Relationship of associate to directors:            Dr Nkateko Munisi is a director of Golden Pond
                                                   whlist Dr Anna Mokgokong and Mr Joe
                                                   Madungandaba are directors and shareholders of
                                                   Golden Pond.

Date of transaction:                               27 March 2018

Nature of transaction:                             On market purchase of AfroCentric securities

Class of security:                                 Ordinary shares

Number of securities purchased:                    715 000

Price per security:                                R7.00
Value of transaction:                              R5 005 000.00

Nature of interest:                                Indirect Beneficial

Clearance obtained:                                N/A




Johannesburg
28 March 2018


Sponsor
Sasfin Capital (a member of the Sasfin group)

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