AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities

Release Date: 12/06/2018 13:13
Code(s): ACT
 
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”)


DEALINGS IN SECURITIES BY 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 trades by an associate of directors of the Company:


 Name of associate:                          Royal Queens Holdings Proprietary Limited (“Royal
                                             Queens”)

 Name of directors:                          Antoine van Buuren and Willem Britz

 Designation:                                Executive Directors of AfroCentric

 Relationship of associate to directors:     Antoine van Buuren and Willem Britz are shareholders
                                             and directors of Royal Queens

 Date of transaction:                        11 June 2018

 Nature of transaction:                      On market purchase of AfroCentric securities

 Class of security:                          Ordinary shares

 Number of securities:                       67 700

 Price per security:                         R5.60

 Value of transaction:                       R379 120.00

 Nature of interest:                         Indirect Beneficial

 Clearance obtained:                         N/A




Johannesburg
12 June 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

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