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AFROCENTRIC INVESTMENT CORP LIMITED - Dealing in securities by an associate

Release Date: 21/12/2015 14:42
Code(s): ACT     PDF:  
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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”)


DEALINGS IN SECURITIES BY 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 dealings in securities by
an associate of two directors:

Names and designations                  Mr Willem Britz an executive director of
of directors:                           AfroCentric; and

                                        Mr Antoine van Buuren, chief executive officer
                                        of Afrocentric Health Limited (a major
                                        subsidiary of AfroCentric)

Name of associate and relationship      WAD Holdings (Pty) Ltd of which Messrs Britz
with directors:                         and van Buuren are directors and
                                        shareholders

Nature of transaction:                  On-market purchase of AfroCentric securities

Class of securities:                    Ordinary shares

Nature of interest:                     Indirect beneficial

Date of transaction:                    19 November 2015
Number of securities:                   184
Price per security:                     R4.49
Value of transaction:                   R826.16

Date of transaction:                    19 November 2015
Number of securities:                   157 278
Price per security:                     R4.50
Value of transaction:                   R707 751

Date of transaction:                    20 November 2015
Number of securities:                   2 200 000
Price per security:                     R4.50
Value of transaction:                   R9 900 000

Clearance obtained:                     Yes

Johannesburg
21 December 2015

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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