AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities by a director and a director of a major subsidiary

Dealing in securities by a director and a director of a major subsidiary

AfroCentric Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Code: ACT ISIN: ZAE000078416
("AfroCentric")


DEALING IN SECURITIES BY A DIRECTOR AND A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with paragraphs 3.63 of the JSE Limited Listings Requirements, the Company hereby
discloses the following dealings in securities by a director of AfroCentric and a director of a major
subsidiary of AfroCentric:

 Name of Director                            Hannes Boonzaaier

 Date of transaction:                        27 November 2024

 Nature of transaction:                      Cash settlement of awards made under the 2017 Long
                                             Term Incentive Plan in November 2019, 2020 and 2021,
                                             which awards were due to vest in November 2024

 Class of securities:                        Ordinary shares

 Number of securities:                       433 334

 Price per security:                         R2.8204

 Value of transaction:                       R1 222 175.2136

 Nature of interest:                         Direct Beneficial

 Clearance obtained:                         Yes



 Name of Director                            Aklaaq Mahmood

 Designation:                                Executive Director of Medscheme, a major subsidiary of
                                             AfroCentric

 Date of transaction:                        27 November 2024

 Nature of transaction:                      Cash settlement of awards made under the 2017 Long
                                             Term Incentive Plan in November 2019, 2020 and 2021,
                                             which awards were due to vest in November 2024

 Class of securities:                        Ordinary shares

 Number of securities:                       333 334

 Price per security:                         R2.8204

 Value of transaction:                       R940 135.2136

 Nature of interest:                         Direct Beneficial

 Clearance obtained:                         Yes
Johannesburg

3 December 2024


JSE Sponsor to AfroCentric
Questco Corporate Advisory Proprietary Limited

Date: 03-12-2024 04:35:00
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