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Thu 26 Mar 2020, 9:00 AFRICAN PHOENIX INVESTMENTS LIMITED - Dealings in Securities by an Associate of a Director
Dealings in Securities by an Associate of a Director: 
Dealings in Securities by an Associate of a Director

African Phoenix Investments Limited
Incorporated in the Republic of South Africa
(Registration number 1946/021193/06)
Ordinary share code: AXL ISIN: ZAE000221370
(“African Phoenix” or “the Company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

Name of director:                        Mr W Chapman
Company:                                 African Phoenix Investments Limited
Name of associate:                       Ancilla Capital Proprietary Limited (“Ancilla”)
Relationship of associate to director:   Mr W Chapman is a director and indirect shareholder of Ancilla
Class of securities:                     A ordinary shares
Nature of transaction:                   On-market purchase of A ordinary shares
Extent of directors’ interest:           Indirect beneficial

Date of transaction:                     24 March 2020
Price per security:                      38 cents
Number of securities:                    40 820 000
Total value:                             R15 511 600.00

Date of transaction:                     25 March 2020
Price per security:                      38 cents
Number of securities:                    152 116 914
Total value:                             R57 804 427.00



Johannesburg
26 March 2020

Sponsor
Merchantec Capital

Date: 26-03-2020 09:00:00
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