Enhanced Investments - Financial Portal

Dealing in Securities by the Company Secretary and a Director of a Major Subsidiary

Published: 2023-12-21 11:30:40 ET

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

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.