To view the PDF file, sign up for a MySharenet subscription.

AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities

Release Date: 23/02/2018 17:30
Code(s): ACT     PDF:  
Wrap Text
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” or “the Group”)

Dealing in Securities by Directors, the Company Secretary and Directors of Major
Subsidiaries

In compliance with the terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the Company hereby discloses the following director’s dealings in AfroCentric
shares relating to options or shares accepted in terms of the Company’s Share Option
Scheme:

Name of Director:                                 Mr Hannes Boonzaaier
Designation:                                      Financial Director of Afrocentric
Class of securities:                              Options in respect of ordinary shares
Nature of interest:                               Direct beneficial
Date of transaction:                              22 November 2017
Nature of transaction:                            Acceptance of options granted in terms of the
                                                  Company’s Share Option Scheme (Off -
                                                  market trade)
Date of expiry:                                   30 November 2019
Number of securities obtained:                    200 000
Price per security:                               R6.15
Value of transaction:                             R1 230 000.00
Clearance obtained:                               Yes

Name of Director:                                 Mr Billy Mokale
Designation:                                      Group Company Secretary
Class of securities:                              Options in respect of ordinary shares
Nature of interest:                               Direct beneficial
Date of transaction:                              22 November 2017
Nature of transaction:                            Acceptance of options granted in terms of the
                                                  Company’s Share Option Scheme (Off -
                                                  market trade)
Date of expiry:                                   30 November 2019
Number of securities obtained:                    80 000
Price per security:                               R6.15
Value of transaction:                             R492 000.00
Clearance obtained:                               Yes

Name of Director:                                 Ms Nyathi Nomalungelo
Designation:                                      Executive Director: AfroCentric Health (Pty)
                                                  Ltd – a wholly owned subsidiary of
                                                  AfroCentric
Class of securities:                              Options in respect of ordinary shares
Nature of interest:                               Direct beneficial
Date of transaction:                              22 November 2017
Nature of transaction:                            Acceptance of options granted in terms of the
                                                  Company’s Share Option Scheme (Off -
                                                  market trade)
Date of expiry:                                   30 November 2019
Number of securities obtained:   150 000
Price per security:              R6.15
Value of transaction:            R922 500.00
Clearance obtained:              Yes

Name of Director:                Mr Vijay Pillay
Designation:                     Executive Director: AfroCentric Health (Pty)
                                 Ltd - a wholly owned subsidiary of
                                 AfroCentric
Class of securities:             Options in respect of ordinary shares
Nature of interest:              Direct beneficial
Date of transaction:             22 November 2017
Nature of transaction:           Acceptance of options granted in terms of the
                                 Company’s Share Option Scheme (Off -
                                 market trade)
Date of expiry:                  30 November 2019
Number of securities obtained:   150 000
Price per security:              R6.15
Value of transaction:            R922 500.00
Clearance obtained:              Yes

Name of Director:                Mr Anthony Pedersen
Designation:                     Chief Executive Officer of Medscheme
                                 Holdings (Pty) Ltd - a wholly owned
                                 subsidiary of AfroCentric
Class of securities:             Options in respect of ordinary shares
Nature of interest:              Direct beneficial
Date of transaction:             22 November 2017
Nature of transaction:           Acceptance of options granted in terms of the
                                 Company’s Share Option Scheme (Off -
                                 market trade)
Date of expiry:                  30 November 2019
Number of securities obtained:   200 000
Price per security:              R6.15
Value of transaction:            R1 230 000.00
Clearance obtained:              Yes

Name of Director:                Ms Modjadji Tati
Designation:                     Executive Director: AfroCentric Health (Pty)
                                 Ltd - a wholly owned subsidiary of
                                 AfroCentric
Class of securities:             Options in respect of ordinary shares
Nature of interest:              Direct beneficial
Date of transaction:             22 November 2017
Nature of transaction:           Acceptance of options granted in terms of the
                                 Company’s Share Option Scheme (Off -
                                 market trade)
Date of expiry:                  30 November 2019

Number of securities obtained:   150 000
Price per security:              R6.15
Value of transaction:            R922 500.00
Clearance obtained:              Yes

Name of Director:                Ms Grace Khoza
Designation:                     Executive Director: AfroCentric Health (Pty)
                                 Ltd - a wholly owned subsidiary of
                                 AfroCentric
Class of securities:             Options in respect of ordinary shares
Nature of interest:              Direct beneficial
Date of transaction:             22 November 2017
Nature of transaction:           Acceptance of options granted in terms of the
                                 Company’s Share Option Scheme (Off -
                                 market trade)
Date of expiry:                  30 November 2019
Number of securities obtained:   150 000
Price per security:              R6.15
Value of transaction:            R922 500.00
Clearance obtained:              Yes

Name of Director:                Mr Aklaaq Mahmood
Designation:                     Executive Director: AfroCentric Health (Pty)
                                 Ltd - a wholly owned subsidiary of
                                 AfroCentric
Class of securities:             Options in respect of ordinary shares
Nature of interest:              Direct beneficial
Date of transaction:             22 November 2017
Nature of transaction:           Acceptance of options granted in terms of the
                                 Company’s Share Option Scheme (Off -
                                 market trade)
Date of expiry:                  30 November 2019
Number of securities obtained:   150 000
Price per security:              R6.15
Value of transaction:            R922 500.00
Clearance obtained:              Yes

Name of Director:                Mr Lee Callakoppen
Designation:                     Executive director of Medscheme Holdings
                                 (Pty) Ltd - a wholly owned subsidiary of
                                 AfroCentric
Class of securities:             Options in respect of ordinary shares
Nature of interest:              Direct beneficial
Date of transaction:             22 November 2017
Nature of transaction:           Acceptance of options granted in terms of the
                                 Company’s Share Option Scheme (Off -
                                 market trade)
Date of expiry:                  30 November 2019
Number of securities obtained:   150 000
Price per security:              R6.15
Value of transaction:            R922 500.00
Clearance obtained:              Yes
Johannesburg
23 February 2018

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

Date: 23/02/2018 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story