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AFROCENTRIC INVESTMENT CORP LIMITED - Dealing In Securities By Directors Of The Company And A Director Of A Major Subsidiary

Release Date: 07/04/2017 13:50
Code(s): ACT     PDF:  
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Dealing In Securities By Directors 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”)


DEALING IN SECURITIES BY DIRECTORS 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 dealing in securities by
directors of the Company and a director of a major subsidiary:

Name of director:                        Mr. LR Callakoppen

Designation:                             Executive Director of AfroCentric Health
                                         Proprietary Limited, 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

Date of transaction:                     7 April 2017

Number of securities:                    490 000

Price per security (cents):              640

Value of transaction:                    R3 136 000.00

Clearance obtained:                      Yes

Names of directors:                      Mr. AV van Buuren (1)
                                         Mr. WH Britz      (2)

Designations:                            Executive Directors of AfroCentric

Nature of transaction:                   Purchase of AfroCentric securities (Off-
                                         market trade)

Nature of interest:                      Direct beneficial

Class of securities:                     Ordinary shares
Date of transactions:                    7 April 2017

Number of securities:                    245 000 (1)
                                         245 000 (2)

Price per security (cents):              640

Value of transactions:                   R3 136 000.00

Clearance obtained:                      Yes

Johannesburg

7 April 2017

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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