AFROCENTRIC INVESTMENT CORP LIMITED - Dealing in shares by an associate

Dealing in shares 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” or “the Company”)


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 an associate of directors of the Company:


 Name of director:                           Antoine van Buuren
 Designation:                                Executive Director of AfroCentric
 Name of associate:                          Royal Queens Holdings Proprietary Limited (“Royal
                                             Queens”)
 Relationship of associate to director:      Antoine van Buuren is a shareholder and director of
                                             Royal Queens
 Date of transaction:                        19 October 2017
 Nature of transaction:                      On market sale of AfroCentric securities
 Class of security:                          Ordinary shares
 Number of securities:                       125 000
 Price per security:                         R6.40
 Value of transaction:                       R800 000.00
 Nature of interest:                         Indirect Beneficial
 Clearance obtained:                         N/A
 Name of director:                           Willem Britz
 Designation:                                Executive Director of AfroCentric
 Name of associate:                          Royal Queens Holdings Proprietary Limited (“Royal
                                             Queens”)
 Relationship of associate to director:      Willem Britz is a shareholder and director of Royal
                                             Queens
 Date of transaction:                        19 October 2017
 Nature of transaction:                      On market sale of AfroCentric securities
 Class of security:                          Ordinary shares
 Number of securities:                       125 000
 Price per security:                         R6.40
 Value of transaction:                       R800 000.00
 Nature of interest:                         Indirect Beneficial
 Clearance obtained:                         N/A
Johannesburg
23 October 2017

Sponsor
Sasfin Capital (a member of the Sasfin group)

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