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AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities

Release Date: 01/04/2019 14:09
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

Correction of expiry date following earlier publication on SENS

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:                               Afrocentric Group Chief Executive Officer
 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
                                            trade)

 Date of expiry:                            01 November 2021
 Number of securities obtained:             500 000
 Price per security (cents):                480
 Value of transaction:                      R2 400 000.00
 Clearance obtained:                        Yes




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

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