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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” or “the Group”)
Dealing in Securities by Directors of the Company, the Company Secretary and a
Director of Major Subsidiaries
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: A Banderker
Designation: Chief Executive Officer of AfroCentric
Class of securities: Options in respect of ordinary shares
Nature of interest: Direct beneficial
Date of transaction: 17 December 2019
Nature of transaction: Acceptance of options granted in terms of the
Company’s Share Option Scheme (Off -
market trade)
Date of expiry: 20 November 2021
Number of securities obtained: 500 000
Price per security: R3.50
Value of transaction: R1 750 000.00
Clearance obtained: Yes
Name of Director: S Mmakau
Designation: Executive Director of AfroCentric
Class of securities: Options in respect of ordinary shares
Nature of interest: Direct beneficial
Date of transaction: 17 December 2019
Nature of transaction: Acceptance of options granted in terms of the
Company’s Share Option Scheme (Off -
market trade)
Date of expiry: 20 November 2021
Number of securities obtained: 250 000
Price per security: R3.50
Value of transaction: R875 000.00
Clearance obtained: Yes
Name of Director: N Nyathi
Designation: Executive Director of AfroCentric
Class of securities: Options in respect of ordinary shares
Nature of interest: Direct beneficial
Date of transaction: 17 December 2019
Nature of transaction: Acceptance of options granted in terms of the
Company’s Share Option Scheme (Off -
market trade)
Date of expiry: 20 November 2021
Number of securities obtained: 350 000
Price per security: R3.50
Value of transaction: R1 225 000.00
Clearance obtained: Yes
Name of Director: A Mahmood
Designation: Executive Director of AfroCentric
Class of securities: Options in respect of ordinary shares
Nature of interest: Direct beneficial
Date of transaction: 17 December 2019
Nature of transaction: Acceptance of options granted in terms of the
Company’s Share Option Scheme (Off -
market trade)
Date of expiry: 20 November 2021
Number of securities obtained: 350 000
Price per security: R3.50
Value of transaction: R1 225 000.00
Clearance obtained: Yes
Name of Director: H Boonzaaier
Designation: Financial Director of Afrocentric
Class of securities: Options in respect of ordinary shares
Nature of interest: Direct beneficial
Date of transaction: 17 December 2019
Nature of transaction: Acceptance of options granted in terms of the
Company’s Share Option Scheme (Off -
market trade)
Date of expiry: 20 November 2021
Number of securities obtained: 500 000
Price per security: R3.50
Value of transaction: R1 750 000.00
Clearance obtained: Yes
Name of Director: B Mokale
Designation: Group Company Secretary
Class of securities: Options in respect of ordinary shares
Nature of interest: Direct beneficial
Date of transaction: 17 December 2019
Nature of transaction: Acceptance of options granted in terms of the
Company’s Share Option Scheme (Off -
market trade)
Date of expiry: 20 November 2021
Number of securities obtained: 120 000
Price per security: R3.50
Value of transaction: R420 000.00
Clearance obtained: Yes
Name of Director: G Erasmus
Designation: Managing Director of: Pharmacy
Direct/Curasana/ Activo Health, major
subsidiaries of AfroCentric
Class of securities: Options in respect of ordinary shares
Nature of interest: Direct beneficial
Date of transaction: 17 December 2019
Nature of transaction: Acceptance of options granted in terms of the
Company’s Share Option Scheme (Off -
market trade)
Date of expiry: 20 November 2021
Number of securities obtained: 350 000
Price per security: R3.50
Value of transaction: R1 225 000.00
Clearance obtained: Yes
Johannesburg
19 December 2019
Sponsor:
Sasfin Capital (a member of the Sasfin group)
Date: 19-12-2019 01:11:00
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