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AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities by an associate

Release Date: 13/11/2018 15:57
Code(s): ACT     PDF:  
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Dealing in securities by an associate

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:                          WAD Holdings Proprietary Limited (“WAD”)

 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 WAD

 Date of transactions:                       9 November 2018       (1)
                                             9 November 2018       (2)

 Nature of transactions:                     On market purchase of AfroCentric securities

 Class of security:                          Ordinary shares

 Number of securities:                            2 080     (1)
                                                 70 000     (2)

 Price per security:                         R4.75          (1)
                                             R4.90          (2)

 Value of transactions:                      R 9 880.00 (1)
                                             R 343 000.00 (2)

 Nature of interest:                         Indirect Beneficial

 Clearance obtained:                         N/A




Johannesburg
13 November 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

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