Enhanced Investments - Financial Portal

Dealings by an associate

Published: 2022-05-16 18:30:34 ET

AfroCentric Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Code: ACT ISIN: ZAE000078416
(“the Company" or “AfroCentric”)




ACQUISITION OF 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:


Name of Director:                                   Mr Ahmed Banderker

Designation:                                        Afrocentric Group Chief Executive Officer

Class of securities:                                AfroCentric ordinary shares

Name of associate and relationship with director:   Zisa Family Trust, of which Mr Banderker is a
                                                    Trustee

Nature of interest:                                 Indirect beneficial

Date of transaction:                                12 May 2022

Nature of transactions:                             On market purchases of AfroCentric securities

Number of securities:                               50 000


Price per security (cents):                         451

Value of transactions:                              R225 500.00

Clearance obtained:                                 N/A



Johannesburg
16 May 2022

JSE Sponsor to AfroCentric




Questco Corporate Advisory Proprietary Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.