AFROCENTRIC INVESTMENT CORP LIMITED - Directors dealings in securities

Directors dealings in securities

AFROCENTRIC INVESTMENT CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE code: ACT, ACTP
ISIN: ZAE000078416, ZAE000082269
(“Afrocentric” or “the Company”)
DIRECTOR’S DEALING IN SECURITIES


In compliance with the requirements of rule 3.63 to 3.66 of
the JSE Listings Requirements the following information is
disclosed:




Name of Director         : Merika Johannes Madungandaba
                         : Dr Anna Theresa Mokgokong (Through
                         their indirect shareholding in
                         Community Investment Holdings (Pty)
                         Ltd) (“CIH”))
Company                 :    Afrocentric
Date of Transaction      :   12 April 2013
No of shares             :   1 414 779
Class                    :   Ordinary shares
Trade price              :   450 cents per share
Value                    :   R6 366 509
Nature of transaction    :   Acquisition of Afrocentric shares by
                             Community Investment Holdings (Pty) Ltd
                             (“CIH”) from Bophela Investments
                             Limited in lieu of settlement of a
                             loan. MJ Madungandaba and Dr AT
                             Mokgkong are directors of both
                             Afrocentric and CIH.


Nature of interest       :   Indirect beneficial
Prescribed clearance given:   n/a




Johannesburg
12 April 2013


Sponsor
Sasfin Capital
(A division of Sasfin Bank Ltd)

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