AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities

Dealing 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 AND 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 by a director of a major subsidiary of the Company and by an
associate of directors of the Company:


    Name of director:                                    Kevin Michael Aron
    Designation:                                         Executive Director of Medscheme Holdings
                                                         (Pty) Limited, a major subsidiary of the
                                                         Company
    Date of transaction:                                 4 December 2017
    Nature of transaction:                               On market sale of AfroCentric securities
    Class of security:                                   Ordinary shares
    Number of securities:                                600 000
    Price per security:                                  R7.00
    Value of transaction:                                R4 200 000.00
    Nature of interest:                                  Direct Beneficial
    Clearance obtained:                                  Yes

    Name of associate:                                   Golden Pond Trading 175 (Pty) Limited (“Golden
                                                         Pond”)
    Names and designations of directors:                 Dr Nkateko Munisi, Dr Anna Mokgokong and Mr
                                                         Joe Madungandaba (all Non-Executive Directors of
                                                         AfroCentric)
    Relationship of associate to directors:              Dr Nkateko Munisi is a director of Golden Pond
                                                         whlist Dr Anna Mokgokong and Mr Joe
                                                         Madungandaba are directors and shareholders of
                                                         Golden Pond
    Date of transaction:                                 4 December 2017
    Nature of transaction:                               On market purchase of AfroCentric securities
    Class of security:                                   Ordinary shares
    Number of securities:                                600 000
    Price per security:                                  R7.00
    Value of transaction:                                R4 200 000.00
    Nature of interest:                                  Indirect Beneficial
    Clearance obtained:                                  N/A




5 December 2017

Sponsor: Sasfin Capital (a member of the Sasfin group)

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