AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealings in securities

Dealings 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 A DIRECTOR

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



 Name of associate:                          WAD Holdings Proprietary Limited (“WAD”)

 Name of director:                           Willem Britz

 Designation:                                Executive Director of AfroCentric

 Relationship of associate to director:      Willem Britz is a shareholder and director of WAD

 Dates of transactions:                      09 December 2019       (1)
                                             10 December 2019       (2)
                                             11 December 2019       (3)

 Nature of transaction:                      On market purchase of AfroCentric securities

 Class of security:                          Ordinary shares

 Number of securities:                          15 751              (1)
                                             1 000 000              (2)
                                             1 000 000              (3)

 Price per security:                         R3.00                  (1)
                                             R3.05                  (2)
                                             R3.00                  (3)

 Values of transactions:                     R 47 253.00            (1)
                                             R3 050 000.00          (2)
                                             R3 000 000.00          (3)

 Nature of interest:                         Indirect Beneficial

 Clearance obtained:                         N/A
 Johannesburg
 12 December 2019

 Sponsor
 Sasfin Capital (a member of the Sasfin Group)

Date: 12-12-2019 10:44:00
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