AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities by a director

Dealing in securities by a director

 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 Director

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:                     Sello Mmakau
Designation:                          Executive Director of AfroCentric
Class of securities:                  Options in respect of ordinary shares
Nature of interest:                   Direct beneficial
Date of transaction:                  11 March 2019
Nature of transaction:                Acceptance of options granted in
                                      terms of the Company’s Share
                                      Option Scheme (Off - market trade)
Date of expiry:                       30 November 2019
Number of securities obtained:        150 000
Price per security:                   R4.10
Value of transaction:                 R615 000
Clearance obtained:                   Yes



Johannesburg
12 March 2019

Sponsor:
Sasfin Capital (a member of the Sasfin group)

Date: 12/03/2019 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.