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AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing by an associate

Release Date: 25/03/2021 07:05
Code(s): ACT     PDF:  
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Dealing by an associate

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 AN ASSOCIATE OF DIRECTORS

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




Name of associate:                                 Beyond Discovery Investments (Pty) Limited
                                                   (“Beyond Discovery”)

Names and designations of directors:               Dr Anna Mokgokong and Mr Joe Madungandaba
                                                   are Non-Executive Directors of AfroCentric.

Relationship of associate to directors:            Dr Anna Mokgokong and Mr Joe Madungandaba
                                                   are directors of Beyond Discovery.

Date of transaction:                               09 March 2021

Nature of transactions:                            Off market disposal of AfroCentric securities

Class of security:                                 Ordinary shares

Number of securities purchased:                    713 531

Price per security:                                R5.30

Value of transactions:                             R3 781 714.30

Nature of interest:                                Indirect Beneficial

Clearance obtained:                                N/A




Johannesburg
24 March 2021


Sponsor
Sasfin Capital (a member of the Sasfin Group)

Date: 25-03-2021 07:05:00
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