Ecsponent - issue and listing of preference shares











The Company announces that the preference shares summarised in the table below will be issued and listed as detailed in the table.

Following the issuance, the total preference shares in issue are as follows:
*Class A preference shares: An aggregate nominal amount of R75 803 999.12 (comprising R5 420 099.12 issued in terms of Series 1; R23 486 000.00 issued in terms of Series 2, R4 766 000.00 issued in terms of Series 3, R9 365 900.00 issued in terms of Series 4 and R32 766 000.00 issued in terms of Series 5).
*Class B preference shares: An aggregate nominal amount of R396 741 500.00 (comprising R6 868 000.00 issued in terms of Series 1; R46 166 000.00 issued in terms of Series 2, R36 949 200.00 issued in terms of Series 3, R11 455 700.00 issued in terms of Series 4, R24 341 600.00 issued in terms of Series 5, R37 566 700.00 issued in terms of Series 6, R48 153 600.00 issued in terms of Series 7, R44 007 800.00 issued in terms of Series 8, R52 118 000.00 in terms of Series 9, R50 248 800.00 in terms of Series 10 and R38 866 100.00 in terms of Series 11.)
*Class C preference shares: An aggregate nominal amount of R734 451 400.00 (comprising R24 710 000.00 issued in terms of Series 1; R117 517 000.00 issued in terms of Series 2, R118 001 600.00 issued in terms of Series 3, R74 706 300.00 issued in terms of Series 4, R117 198 900.00 issued in terms of Series 5, R134 581 900.00 issued in terms of Series 6, R102 115 700.00 issued in terms of Series 7 and R45 620 000.00 issued in terms of Series 8).
*Class D preference shares: An aggregate nominal amount of R161 582 500.00 (comprising R42 540 000.00 issued in terms of Series 1, R67 702 500.00 issued in terms of Series 2 and R51 340 000.00 issued in terms of Series 3).
*Class E preference shares: An aggregate nominal amount of R103 862 000.00 (comprising R48 683 000.00 issued in terms of Series 1, R32 009 000.00 issued in terms of Series 2 and R23 170 000.00 issued in terms of Series 3).
*Class G preference shares: An aggregate nominal amount of R3 381 000.00 (comprising R2 831 000.00 issued in terms of Series 1and R550 000 issued in terms of Series 2).

Issue and listing date - 11 September 2018
Issue price per preference share - R100
Number of preference shares
*Share B11 - 145 932
*Share D3 - 132 000
*Share E2 - 3 000
*Share E3 - 88 200
*Share G2 - 2 100

Dividend record and payment dates in respect of preference shares D3, E2, E3 and G2:
Declaration and finalisation announcements will be released on SENS, in compliance with Schedule 2 Form H1 of the JSE Listings Requirements.

Other relevant information in respect of preference shares D3, E2, E3 and G2:
The Company shall be entitled to an administration fee in respect of the Class D, Class E and Class G preference shares of 0.25% per annum on the initial issue price, inclusive of VAT, payable monthly in arrears on the monthly dividend payment dates.

The administration fee is subject to the Value-Added Tax Act of 1991. The Company has the right to recover the monthly administration fee, from the monthly preference share dividend (plus the applicable VAT thereon).





2018-09-10 09:48:38