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AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities

Release Date: 09/12/2019 12:23
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”)


DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company
hereby discloses the following trade by a director of the Company and an associate of a director of the
Company:



 Name of associate:                          WAD Holdings Proprietary Limited (“WAD”)

 Name of director:                           Willem Britz

 Designation:                                Executive Director of AfroCentric

 Relationship of associate to director:      Willem Britz is a shareholder and director of WAD

 Date of transaction:                        5 December 2019

 Nature of transaction:                      On market purchase of AfroCentric securities

 Class of security:                          Ordinary shares

 Number of securities:                       1 984 249

 Price per security:                         R3.00


 Value of transaction:                       R5 952 747.00

 Nature of interest:                         Indirect Beneficial

 Clearance obtained:                         N/A




 Johannesburg
 9 December 2019

 Sponsor
 Sasfin Capital (a member of the Sasfin Group)

Date: 09-12-2019 12:23:00
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