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AFROCENTRIC INVESTMENT CORP LIMITED - Dealings in securities by a director of the company and a director of a major subsidiary

Release Date: 19/12/2016 17:08
Code(s): ACT     PDF:  
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Dealings in securities by a director of the company and a director of a major subsidiary

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 OF THE COMPANY AND 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 the Company and a
director of a major subsidiary:

Name of director:                           Mr. TM Rametse
Designation:                                Executive Director of AfroCentric Health (Pty) Ltd a
                                            major subsidiary of the Company
Nature of transaction:                      Sale of AfroCentric securities (off-market trade)
Nature of interest:                         Direct beneficial
Class of securities:                        Ordinary shares
Number of securities:                       85 000
Price per security (cents):                 610
Value of transaction:                       R518 500
Clearance obtained:                         Yes



Name of director:                           Mr. MJ Madungandaba
Designation:                                Non-Executive director of AfroCentric
Nature of transaction:                      Purchase of AfroCentric securities (off-market trade)
Nature of interest:                         Direct beneficial
Class of securities:                        Ordinary shares
Number of securities:                       85 000
Price per security (cents):                 610
Value of transaction:                       R518 500
Clearance obtained:                         Yes




Johannesburg
19 December 2016

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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