AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities

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 a director of the Company and an associate of directors of the
Company:




Name of associate:                                 Golden Pond Trading 175 Proprietary Limited
                                                   (“Golden Pond”)

Names and designations of directors:               Dr Nkateko Munisi, Dr Anna Mokgokong and Mr Joe
                                                   Madungandaba are all Non-Executive Directors of
                                                   AfroCentric.

Relationship of associate to directors:            Dr Nkateko Munisi is a director of Golden Pond
                                                   whilst Dr Anna Mokgokong and Mr Joe
                                                   Madungandaba are directors and shareholders of
                                                   Golden Pond.

Date of transaction:                               9 December 2019

Nature of transactions:                            On market purchase of AfroCentric securities

Class of security:                                 Ordinary shares

Number of securities purchased:                    207 634           (1)
                                                   272 366           (2)

Price per security:                                R3.05             (1)
                                                   R3.10             (2)

Value of transactions:                             R633,283.70       (1)
                                                   R844,334.60       (2)

Nature of interest:                                Indirect Beneficial

Clearance obtained:                                N/A


Johannesburg
10 December 2019


Sponsor
Sasfin Capital (a member of the Sasfin Group)

Date: 10-12-2019 04:09:00
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