ACT AGM Notice Neutral

AFROCENTRIC INVESTMENT CORPORATION LIMITED - Results of the Annual General Meeting

AfroCentric Investment Corporation LimitedMay 11, 2026

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What this filing means

AfroCentric successfully passed all ordinary and special resolutions at its AGM with a 90% shareholder turnout, confirming stable governance.

Shareholder participation was notably high, with 90% of voteable shares represented at the meeting.
All resolutions passed with robust support, including the general authority to repurchase shares, which provides management with a flexible capital allocation mechanism.

The approval of a general authority to issue shares for cash (limited to 3%) introduces a minor structural dilution risk for existing shareholders.

AI-generated summary by SENS-AI, based on the original JSE SENS filing.

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