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ECSPONENT LIMITED - Issue and listing of Series 10, Class B preference shares

Release Date: 26/02/2018 10:57
Code(s): ECS ECSB10     PDF:  
Wrap Text
Issue and listing of Series 10, Class B preference shares

 ECSPONENT LIMITED
 Incorporated in the Republic of South Africa
 Registration number: 1998/013215/06
 JSE Code: ECS - ISIN: ZAE000179594

 Ecsponent Pref Share B10
 JSE Code: ECSB10
 ISIN: ZAE000255675

Issue and listing of Series 10, Class B Preference shares under the ZAR5,000,000,000
Preference Share Programme

The Company is pleased to announce that it will be listing the first tranche of Series 10 Class B
preference shares, the details of which are summarised in the table below:

                                                                          Ecsponent Pref Share B10
Issue Price per Preference Share                                                              R100
Listing date                                                                          6 March 2018
Implied yield                                                       10.66 percent per annum (nacm)
Dividend rate                                                                                  N/A
Redemption Record Date                                                                3 March 2023
Redemption Amount per Preference Share                                                        R170
Redemption Payment Date                                                               6 March 2023

Full details regarding the listing will be announced prior to the listing date.

The total authorised amount of R5 000 000 000 under the Programme Memorandum has not been
exceeded.

Pretoria
26 February 2018

Sponsor
Questco Corporate Advisory (Pty) Ltd

Date: 26/02/2018 10:57:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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