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AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities by associate of directors

Release Date: 20/03/2019 12:50
Code(s): ACT     PDF:  
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Dealing in securities by associate of directors

 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” or “the Group”)

Dealing in Securities by Associate of Directors

In compliance with the terms of 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
Names of directors:                   Antoine van Buuren and Willem Britz
Designation:                          Executive Directors of AfroCentric
Relationship to associate:            Antoine van Buuren and Willem Britz
                                      are shareholders and directors of
Nature of transaction:                On market purchase of AfroCentric
Date of transaction:                  19 March 2019
Number of securities:                 290 000
Price per security:                   470 cents
Value of transaction:                 R1 363 000
Nature of interests:                  Indirect beneficial
Clearance:                            N/A

20 March 2019
Sasfin Capital (a member of the Sasfin group)

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