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AFROCENTRIC INVESTMENT CORP LIMITED - Dealings in securities

Release Date: 22/01/2016 15:21
Code(s): ACT     PDF:  
Wrap Text
Dealings 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”)


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 transaction:                   13 October 2015

Number of securities:                  11 982 (1)
                                       109 (2)

Price per security (cents):            490 (1)
                                       491 (2)

Value of transaction:                  R59 246.99

Date of transaction:                   14 October 2015

Number of securities:                  10 940

Price per security (cents)             490

Value of transaction:                  R53 606.00

Date of transaction:                   16 October 2015

Number of securities:                  117 000

Price per security (cents):            475
Value of transaction:                   R555 750.00

Clearance obtained:                     No



Johannesburg
22 January 2016

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

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