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”)


DEALING 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

 Date of transaction:                        2 December 2019        (1)
                                             3 December 2019        (2)
                                             5 December 2019        (3)

 Nature of transactions:                     On market purchase of AfroCentric securities

 Class of security:                          Ordinary shares

 Number of securities:                          43 825      (1)
                                               206 175      (2)
                                             1 000 000      (3)

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

 Value of transactions:                      R 133 666.25           (1)
                                             R 628 833.75           (2)
                                             R3 000 000.00          (3)

 Nature of interest:                         Indirect Beneficial

 Clearance obtained:                         N/A
 Johannesburg
 5 December 2019

 Sponsor
 Sasfin Capital (a member of the Sasfin Group)

Date: 05-12-2019 01:57:00
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