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Release Date: 01/04/2019 13:57
Code(s): ACT     PDF:  
Wrap Text
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” or “the Group”)

Dealing in Securities by 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 director’s dealings in
AfroCentric shares relating to options or shares accepted in terms of the Company’s Share
Option Scheme:

 Name of Director:                          Mr Ahmed Banderker
 Designation:                               Chief Executive Officer of Afrocentric
 Class of securities:                       Options in respect of ordinary shares
 Nature of interest:                        Direct beneficial
 Date of transaction:                       1 April 2019
 Nature of transaction:                     Acceptance of options granted in terms of the
                                            Company’s Share Option Scheme (Off - market

 Date of expiry:                            30 November 2019
 Number of securities obtained:             500 000
 Price per security (cents):                480
 Value of transaction:                      R2 400 000.00
 Clearance obtained:                        Yes

1 April 2019
Sasfin Capital (a member of the Sasfin group)

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