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Issue and listing of Class B, D and E 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 D8 8 ECSD8 ZAE000280921
Class E Preference Shares
Ecsponent Pref Share E6 6 ECSE6 ZAE000273132
Ecsponent Pref Share E7 7 ECSE7 ZAE000280947
Issue and listing of Class B, D, and E 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 R592 780 700.00 (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,
R54 963 200.00 issued in terms of Series 14 and R7 000 000.00 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 R510 521 600.00 (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, R80 200 000 .00 issued in terms of Series 6,
R90 000 000,00 issued in terms of Series 7 and R19 300 000.00 issued in terms of Series 8).
• Class E Preference Shares: An aggregate nominal amount of R237 108 200.00 (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, R37 615 200.00 issued in terms of Series 6 and
R1 250 000.00 issued in terms of Series 7).
• Class G Preference Shares: An aggregate nominal amount of R6 027 500 (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 R931 300 issued in terms of Series 4).
Ecsponent Pref. Ecsponent Pref. Ecsponent Pref.
Share B14 Share B15 Share D8
Type of issue Tap Tap Tap
Number of Preference Shares 20 000 36 700 108 000
Nominal amount of this R2 000 000 R3 670 000 R10 800 000
Tranche
Issue Price per Preference R100 R100 R100
Share
Issue and listing date 4 February 2020 4 February 2020 4 February 2020
Dividend Commencement N/A N/A 7 January 2020
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 10 February 2020
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 6 December 2024
Redemption Amount R170 R170 R100
Redemption Payment Date 10 June 2024 9 December 2024 9 December 2024
Ecsponent Pref. Ecsponent Pref.
Share E6 Share E7
Type of issue Tap Tap
Number of Preference Shares 60 000 4 500
Nominal amount of this R6 000 000 R450 000
Tranche
Issue Price per Preference R100 R100
Share
Issue and listing date 4 February 2020 4 February 2020
Dividend Commencement 7 January 2020 7 January 2020
Date
Dividend Rate 11.25% per annum, 11.25% per annum,
payable monthly in payable monthly in arrears
arrears
Implied yield N/A N/A
First Dividend Payment Date 10 February 2020 10 February 2020
Dividend periods Monthly Monthly
Any other items relating to Actual / 365 Actual / 365
the particular method of
calculating dividend
Redemption Record Date 7 June 2024 6 December 2024
Redemption Amount R100 R100
Redemption Payment Date 10 June 2024 9 December 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 and E7:
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 and E7:
The Company shall be entitled to an administration fee in respect of the Class D and Class E 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
3 February 2020
Pretoria
Sponsor to Ecsponent
Questco Corporate Advisory (Pty) Ltd
Date: 03-02-2020 09:15:00
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