AfroCentric share schemes transact R2.6 million in ordinary shares

AfroCentric Investment Corporation Limited announced dealings in its securities by two share incentive schemes, in compliance with JSE Limited Listings Requirements. The 2017 Long Term Incentive Plan executed an off-market purchase of 1,926,682 ordinary shares on December 10, 2025. The transaction was valued at R2,620,287.52, with a price of R1.36 per share. This dealing represents a direct beneficial interest for the scheme.

Concurrently, the 2022 Forfeitable Share Scheme conducted an off-market disposal of the same number of ordinary shares, 1,926,682, on the identical date of December 10, 2025. This disposal was also valued at R2,620,287.52, at a price of R1.36 per share, and represents a direct beneficial interest.

The announcements highlight the ongoing activity within AfroCentric's share incentive structures, with both schemes transacting an identical volume of shares and value on the same date. The company's JSE Sponsor for this announcement is Questco Corporate Advisory Proprietary Limited.