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AFROCENTRIC INVESTMENT CORP LIMITED - Dealings in Securities by a Director of Major Subsidiaries and by an Associate of a Director

Release Date: 09/05/2017 11:21
Code(s): ACT     PDF:  
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Dealings in Securities by a Director of Major Subsidiaries and by an Associate of a Director

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 MAJOR SUBSIDIARIES AND BY AN ASSOCIATE OF A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company
hereby discloses the following by a director of major subsidiaries and by an associate of a director of
the Company:

 Name of director                             Timothy Mako Rametse
 Designation                                  Executive Director of AfroCentric Health (Pty) Limited
                                              and Medscheme Holdings (Pty) Limited, which are major
                                              subsidiaries of the Company
 Date of transaction                          8 May 2017
 Nature of transaction                        On market sale of AfroCentric ordinary shares
 Class of security                            Ordinary shares
 Number of securities                         250 000
 Price per security                           R6.10
 Value of transaction                         R1 525 000.00
 Nature of interest                           Direct Beneficial
 Clearance obtained                           Yes



 Name of director                             Dr Anna T Mokgokong
 Designation                                  Non-executive Director of AfroCentric
 Name of associate                            Parmtro Investments No 76 (Pty) Limited (Parmtro”)
 Relationship of associate to director        Dr Anna T Mokgokong is a shareholder and director of
                                              Parmtro
 Date of transaction                          8 May 2017
 Nature of transaction                        On market purchase of AfroCentric ordinary shares
 Class of security                            Ordinary shares
 Number of securities                         250 000
 Price per security                           R6.10
 Value of transaction                         R1 525 000.00
 Nature of interest                           Indirect Beneficial
 Clearance obtained                           N/A

Johannesburg
9 May 2017

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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