ECSPONENT LIMITED - Issue and listing of Series 6, Class C Preference shares & dividend declaration and finalisation announcement ECSP18

Issue and listing of Series 6, Class C Preference shares & dividend declaration and finalisation announcement ECSP18

ECSPONENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1998/013215/06
(“the Company”)

Ecsponent Pref Share C6
Short Name: ECSP C6
ECSP18
ISIN: ZAE000231205


Issue and listing of Series 6, Class C Preference shares under the ZAR5,000,000,000 Preference Share
Programme and Dividend Declaration and Finalisation Announcement

Issue and listing of Series 6, Class C Preference shares;

The Company is pleased to announce that it will be listing the first tranche of Series 6 Class C preference shares on
8 November 2016, the details of which are summarised below:

Issue Price                                                   R100.00
Listing date                                                  8 November 2016
Implied yield                                                 Prime Rate plus 4% per cent, per annum, payable
                                                              monthly in arrears, not compounded
Redemption Record Date                                        5 November 2021
Redemption amount per Preference Share                        R100.00
Redemption Payment Date                                       8 November 2021

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

Declaration and finalisation announcement in respect of the first dividend payment:

Notice is hereby given that a preference dividend has been declared in respect of the Series 6, Class C
Preference Shares.

Relevant dates in relation to this dividend payment are set out below:
 Last day to trade to appear in the register on Record Date                             Tuesday, 8 November 2016
 Preference shares start trading ex-dividend                                          Wednesday, 9 November 2016
 Record Date                                                                            Friday, 11 November 2016
 Payment Date                                                                           Monday, 14 November 2016

In accordance with the requirements of Strate, no share certificates may be dematerialised or rematerialised
between the date that the Preference Shares commence trading ex-dividend and the Record Date.

In terms of the Listings Requirements of the JSE, the following additional information is provided:
1. The dividend has been declared from income reserves;
2. The dividend withholding tax rate is 15%;
3. The gross local dividend amount and the net local dividend amount payable to Preference Shareholders that
     are subject to dividends withholding tax is set out below:

                                                                                  Series 6 Class C Preference Share
Gross local dividend amount (cents per share)                                                             111.23288
Net local dividend amount (cents per share)                                                                94.54795

4.   The issued preference share capital in respect of the Class C Preference Shares is as follows as at the date
     of this announcement:
     4.1 247 100 Series 1 Class C Preference Shares (ISIN ZAE000196291) with a total issued capital of
          R24 710 000.
     4.2 1 175 170 Series 2 Class C Preference Shares (ISIN ZAE000202511) with a total issued capital of
          R117 517 000.
     4.3 1 180 016 Series 3 Class C Preference Shares (ISIN ZAE000210506) with a total issued capital of
          R118 001 600.
     4.4 747 063 Series 4 Class C Preference Shares (ISIN ZAE000210506) with a total issued capital of
          R74 706 300.
     4.5 311 469 Series 5 Class C Preference Shares (ISIN ZAE000222501) with a total issued capital of
         R74 706 300.

5.   Further shares will be issued prior to, or on, the last day to trade date.
6.   Ecsponent’s income tax number is 9235/264/84/4.

Dividend payment dates for the remainder of 2016:
The following dividend payment dates are declared in respect of the Series 6 Class C Preference Shares for the
remainder of 2016. Dividend amounts will be announced 10 business days prior to the last day to trade:


 December 2016
 Last day to trade to appear in the register on Record Date                         Monday, 12 December 2016
 Preference shares start trading ex-dividend                                       Tuesday, 13 December 2016
 Record Date                                                                      Thursday, 15 December 2016
 Payment Date                                                                       Monday, 19 December 2016

In accordance with the requirements of Strate, no share certificates may be dematerialised or rematerialised
between the dates that dividends start trading ex-dividend and the Record Dates.


Pretoria
25 October 2016

Sponsor
Questco (Pty) Limited

Date: 25/10/2016 09:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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