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Issue and listing of Class B, D, E and G Preference Shares
ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Debt Issuer Code: ECSD
(“the Company” or “Ecsponent”)
Class B Preference Shares Series number JSE Code ISIN
Ecsponent Pref Share B14 14 ECSB14 ZAE000273157
Ecsponent Pref Share B15 15 ECSB15 ZAE000280939
Class D Preference Shares
Ecsponent Pref Share D6 6 ECSD6 ZAE000273140
Ecsponent Pref. Share D8 8 ECSD8 ZAE000280921
Class E Preference Shares
Ecsponent Pref Share E6 6 ECSE6 ZAE000273132
Ecsponent Pref Share E7 7 ECSE7 ZAE000280947
Class G Preference Shares
Ecsponent Pref Share G4 4 ECSG4 ZAE000273124
Issue and listing of Class B, D, E and G Preference Shares under the ZAR5,000,000,000 Preference
Share Programme
The Company is pleased to announce 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 R70 383 900.00 (comprising
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 R584 155 000.00 (comprising
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 issued in terms of Series 9,
R50 248 800.00 issued in terms of Series 10, R65 096 600.00 issued in terms of Series 11,
R55 601 600.00 issued in terms of Series 12, R59 111 900.00 issued in terms of Series 13,
R51 458 200.00 issued in terms of Series 14 and R1 880 000.00 issued in terms of Series 15).
• Class C Preference Shares: An aggregate nominal amount of R709 741 400.00 (comprising
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 R488 121 600.00 (comprising
R42 540 000.00 issued in terms of Series 1, R67 702 500.00 issued in terms of Series 2,
R83 590 000.00 issued in terms of Series 3, R68 426 100.00 issued in terms of Series 4,
R58 763 000.00 issued in terms of Series 5, R75 100 000 .00 issued in terms of Series 6,
R90 000 000,00 issued in terms of Series 7 and R2 000 000.00 issued in terms of Series 8).
• Class E Preference Shares: An aggregate nominal amount of R223 989 600.00 (comprising
R48 683 000.00 issued in terms of Series 1, R32 009 000.00 issued in terms of Series 2,
R45 963 000.00 issued in terms of Series 3, R39 728 000.00 issued in terms of Series 4,
R31 860 000.00 issued in terms of Series 5, R25 346 600.00 issued in terms of Series 6 and
R400 000.00 issued in terms of Series 7).
• Class G Preference Shares: An aggregate nominal amount of R5 882 500.00 (comprising R2 831 000.00
issued in terms of Series 1, R1 350 000.00 issued in terms of Series 2, R895 200.00 issued in terms of
Series 3 and R806 300.00 issued in terms of Series 4).
Ecsponent Pref. Ecsponent Pref. Ecsponent Pref.
Share B14 Share B15 Share D6
Type of issue Tap New issue Tap
Number of Preference Shares 71 057 18 800 215 000
Nominal amount of this R7 105 700 R1 880 000 R21 500 000
Tranche
Issue Price per Preference R100 R100 R100
Share
Issue and listing date 10 December 2019 10 December 2019 10 December 2019
Dividend Commencement N/A N/A 5 November 2019
Date
Dividend Rate N/A N/A 12.5% per annum,
payable monthly in
arrears
Implied yield 10.66% per annum 10.66% per annum N/A
(nacm) (nacm)
First Dividend Payment Date N/A N/A 17 December 2019
Dividend periods N/A N/A Monthly
Any other items relating to N/A N/A Actual / 365
the particular method of
calculating dividend
Redemption Record Date 7 June 2024 6 December 2024 7 June 2024
Redemption Amount R170 R170 R100
Redemption Payment Date 10 June 2024 9 December 2024 10 June 2024
Ecsponent Pref. Ecsponent Pref. Ecsponent Pref.
Share D8 Share E6 Share E7
Type of issue New issue Tap New issue
Number of Preference Shares 20 000 29 810 4 000
Nominal amount of this R2 000 000 R2 981 000 R400 000
Tranche
Issue Price per Preference R100 R100 R100
Share
Issue and listing date 10 December 2019 10 December 2019 10 December 2019
Dividend Commencement 10 December 2019 5 November 2019 10 December 2019
Date
Dividend Rate 12.5% per annum, 11.25% per annum, 10% per annum, payable
payable monthly in payable monthly in monthly in arrears
arrears arrears
Implied yield N/A N/A N/A
First Dividend Payment Date 13 January 2020 17 December 2019 13 January 2020
Dividend periods Monthly Monthly Monthly
Any other items relating to Actual / 365 Actual / 365 Actual / 365
the particular method of
calculating dividend
Redemption Record Date 6 December 2024 7 June 2024 6 December 2024
Redemption Amount R100 R100 R100
Redemption Payment Date 9 December 2024 10 June 2024 9 December 2024
Ecsponent Pref.
Share G4
Type of issue Tap
Number of Preference Shares 2 263
Nominal amount of this R226 300
Tranche
Issue Price per Preference R100
Share
Issue and listing date 10 December 2019
Dividend Commencement 5 November 2019
Date
Dividend Rate 10% per annum, payable
monthly in arrears
Implied yield N/A
First Dividend Payment Date 17 December 2019
Dividend periods Monthly
Any other items relating to Actual / 365
the particular method of
calculating dividend
Redemption Record Date 8 August 2024
Redemption Amount R100
Redemption Payment Date 12 August 2024
The total authorised amount of R5,000,000,000 under the Programme Memorandum has not been exceeded
Dividend Record and Payment Dates in respect of Preference Shares D6, D8, E6, E7 and G4:
Declaration and finalisation announcements will be released on SENS, in compliance with Schedule 4 Form
A5 of the JSE Listings Requirements.
Other relevant information in respect of Preference Shares D6, D8, E6, E7 and G4:
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)
For more information about this announcement or the Ecsponent group, email
investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations
9 December 2019
Pretoria
Sponsor to Ecsponent
Questco Corporate Advisory (Pty) Ltd
Date: 09-12-2019 08:45:00
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