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AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in Securities by Share Incentive Scheme

Release Date: 30/12/2024 16:00
Code(s): ACT     PDF:  
Wrap Text
Dealing in Securities by Share Incentive Scheme

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

DEALINGS IN SECURITIES BY A SHARE INCENTIVE SCHEME

In compliance with paragraphs 3.96 of the JSE Limited Listings Requirements, the Company hereby
discloses the following dealing in securities by the Company's Share Incentive Scheme:
The following information applies to all dealings:

Name of share scheme:                                    The AfroCentric Management Long Term
                                                         Incentive Plan, approved by shareholders on
                                                         8 November 2017

Class of securities:                                     Ordinary shares

Nature of interest:                                      Indirect Beneficial

Date of transaction:                                     20 December 2024

Clearance obtained:                                      Yes


The following information applies to the individual dealings:

Nature of transaction:                                   Off-market disposal

Number of securities:                                    3 078 326

Price per security:                                      R2.8204

Value of transaction:                                    R8 682 110.6504


Nature of transaction:                                   Off-market acquisition

Number of securities:                                    3 078 326

Price per security:                                      R2.8204

Value of transaction:                                    R8 682 110.6504


Nature of transaction:                                   On-market acquisition

Number of securities:                                    191 673

Highest traded price per security on the
market on the day:                                       R2.10

Weighted average price per security:                     R2.09875

Lowest traded price per security on the market on the
day:                                                     R2.09

Value of transaction:                                    R402 273.57


Johannesburg
30 December 2024

JSE Sponsor to AfroCentric
Questco Corporate Advisory Proprietary Limited

Date: 30-12-2024 04:00:00
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