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AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in securities by associate of directors

Release Date: 27/03/2019 13:00
Code(s): ACT     PDF:  
Wrap Text
Dealing in securities by associate of directors

 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 Associate of Directors

In compliance with the terms of paragraphs 3.63 to 3.74 of the JSE Limited
Listings Requirements, the Company hereby discloses the following trades
by an associate of directors of the Company:

Name of associate:                    WAD Holdings Proprietary Limited
                                      (“WAD”)
Names of directors:                   Antoine van Buuren and Willem Britz
Designation:                          Executive Directors of AfroCentric
Relationship to associate:            Antoine van Buuren and Willem Britz
                                      are shareholders and directors of
                                      WAD
Nature of transaction:                On market purchase of AfroCentric
                                      securities
Date of transaction:                  26 March 2019
Number of securities:                 125 000
Price per security:                   470 cents
Value of transaction:                 R587 500
Nature of interests:                  Indirect beneficial
Clearance:                            N/A


Johannesburg
27 March 2019
Sponsor:
Sasfin Capital (a member of the Sasfin group)

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