AFROCENTRIC INVESTMENT CORP 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”)


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the Company hereby discloses the following dealings in securities by
a director of a major subsidiary:

Name of director:                        Mr. T Rametse

Designation:                             Executive Director of Medscheme Holdings
                                         (Pty) Ltd, a major subsidiary of the
                                         Company.

Nature of transactions:                  Sale of AfroCentric securities (On-market
                                         trade)

Nature of interest:                      Direct beneficial

Class of securities:                     Ordinary shares

Date of transactions:                    27 June 2016

Number of securities:                    120 000

Volume weighted average price            499.35
(cents):
                                         480
Highest price (cents)                    519
Lowest price (cents)

Value of transactions:                   R599 214.77


Clearance obtained:                      Yes



Johannesburg
28 June 2016

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

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