AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealings by an associate

Dealings by an associate

AfroCentric Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Code: ACT ISIN: ZAE000078416
(“the Company" or “AfroCentric”)




ACQUISITION OF 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:


Name of Director:                                   Mr Ahmed Banderker

Designation:                                        Afrocentric Group Chief Executive Officer

Class of securities:                                AfroCentric ordinary shares

Name of associate and relationship with director:   Zisa Family Trust, of which Mr Banderker is a
                                                    Trustee

Nature of interest:                                 Indirect beneficial

Date of transaction:                                12 May 2022

Nature of transactions:                             On market purchases of AfroCentric securities

Number of securities:                               50 000


Price per security (cents):                         451

Value of transactions:                              R225 500.00

Clearance obtained:                                 N/A



Johannesburg
16 May 2022

JSE Sponsor to AfroCentric




Questco Corporate Advisory Proprietary Limited

Date: 16-05-2022 05:30:00
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