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AFROCENTRIC INVESTMENT CORPORATION LIMITED - Dealing in Securities by the Company Secretary and a Director of a Major Subsidiary

Release Date: 21/12/2023 10:30
Code(s): ACT     PDF:  
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Dealing in Securities by the Company Secretary 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 the Company Secretary and a Director of a Major Subsidiary

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                            Aklaaq Mahmood

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

 Date of transaction:                        20 December 2023

 Nature of transaction:                      On market disposal of Afrocentric shares

 Class of securities:                        Ordinary shares

 Number of securities:                       300 000

 Price per security:                         R3.00

 Value of transaction:                       R900 000

 Nature of interest:                         Direct Beneficial

 Clearance obtained:                         Yes



 Name of Director                            Mr DR Mokale

 Designation:                                Company Secretary

 Date of transaction:                        20 December 2023

 Nature of transaction:                      On market disposal of Afrocentric shares

 Class of securities:                        Ordinary shares

 Number of securities:                       106 667

 Price per security:                         R3.00

 Value of transaction:                       R320 001

 Nature of interest:                         Direct Beneficial

 Clearance obtained:                         Yes


Johannesburg

21 December 2023

JSE Sponsor to AfroCentric
Questco Corporate Advisory Proprietary Limited

Date: 21-12-2023 10:30:00
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