AfroCentric Investment Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

JSE:ACT Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
04 Dec 24	SellR660,238	J. Boonzaaier	Individual		327,784	R2.30
26 Nov 24	SellR81,654	J. Boonzaaier	Individual		38,883	R2.10

Insider Trading Volume

Insider Buying: ACT insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of ACT?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	13,859,110	1.67%
General Public	51,656,180	6.24%
VC/PE Firms	62,912,483	7.6%
Private Companies	145,320,178	17.5%
Institutions	554,344,758	66.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 22 shareholders own 93.76% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
59.7%	Sanlam Investment Management (Pty) Ltd.	494,431,629	R983.9m	0%	0.61%
8.95%	Community Investment Holdings (Pty) Ltd.	74,098,672	R147.5m	0%	no data
8.3%	Rq Investments Pty (Ltd)	68,739,650	R136.8m	0%	no data
7.6%	African Rainbow Capital Proprietary Limited	62,912,483	R125.2m	0%	2.44%
3.75%	Visio Capital Management (Pty) Ltd.	31,066,198	R61.8m	0%	1.76%
2.36%	Norges Bank Investment Management	19,565,270	R38.9m	0%	no data
1.61%	Willem Britz	13,357,287	R26.6m	0%	no data
0.47%	Definitive Capital Management (Pty) Ltd	3,911,741	R7.8m	0%	no data
0.3%	Royal Queens Holdings Proprietary Limited	2,481,856	R4.9m	0%	no data
0.18%	Metal Industries Benefit Funds Administrators	1,478,549	R2.9m	0%	0.21%
0.12%	Amundi Asset Management SAS	1,020,000	R2.0m	0%	no data
0.089%	Visio Fund Management (Pty) Limited	733,476	R1.5m	2.05%	0.28%
0.067%	Mergence Investment Managers (Pty) Ltd.	555,643	R1.1m	0%	0.11%
0.061%	Umthombo Wealth (Pty) Ltd	508,313	R1.0m	0%	100.0%
0.044%	FirstRand International Wealth Management	366,857	R730.0k	0%	0.18%
0.044%	Nedgroup Investments	364,912	R726.2k	0%	0.03%
0.04%	BNY Mellon Advisors, Inc.	328,114	R652.9k	0%	no data
0.03%	Barnard Mellet	244,641	R486.8k	0%	no data
0.028%	Ahmed Banderker	232,258	R462.2k	0%	no data
0.0022%	Alice Le Roux	17,924	R35.6k	0%	no data
0.0017%	Gryphon Asset Management (Pty) Ltd.	14,056	R28.0k	0%	0.01%
0.00085%	Nkateko Munisi	7,000	R14.0k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/22 02:21
End of Day Share Price	2025/01/22 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AfroCentric Investment Corporation Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Keith McLachlan	Thebe Stockbroking (Pty) Ltd.