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ECSPONENT LIMITED - Finalisation Announcement

Release Date: 05/10/2020 10:30
Wrap Text
Finalisation Announcement

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

 Notes                            Series number       JSE Code              ISIN
 Fixed Rate Notes                 1                   ECSFX1                ZAE000265393
                                  2                   ECSFX2                ZAE000266813
                                  3                   ECSFX3                ZAE000266821
                                  4                   ECSFX4                ZAE000275566
                                  5                   ECSFX5                ZAE000275574
                                  6                   ECSFX6                ZAE000275582
 Floating Rate Notes              1                   ECSFL1                ZAE000265401
                                  2                   ECSFL2                ZAE000275616
 Zero Coupon Notes                1                   ECSZR1                ZAE000265401
                                  2                   ECSZR2                ZAE000275607

(“the Company” or “Ecsponent”)


FINALISATION ANNOUNCEMENT


Security Holders and holders of notes (issued by the Company in terms of its Domestic Medium-Term Note)
are referred to the Results of General Meeting Announcement published on SENS on 10 September 2020.

The Company has now received confirmation from CIPC of the registration of the special resolution for the
Change of Name. The Change of Name of the Company to “Afristrat Investment Holdings Limited”, the new
ISIN ZAE000287587, and the new JSE share code ATI will commence trading on the JSE Limited (“JSE”) on
14 October 2020.

The    salient    dates     and     times     relating    to    the     Change      of    Name     are     set    out
below:

                                                                                                                 2020

 Change of Name special resolution lodged with CIPC for registration                           Thursday, 10 September
 Receipt      of    CIPC      registration      of      Change    of  Name      special
 resolution                                                                                         Friday, 2 October
 Publication in the press of the finalisation announcement in respect
 of the Change of Name                                                                             Tuesday, 6 October
 Last day to trade prior to the Change of Name becoming effective                                 Tuesday, 13 October
 Termination date for trading under the name of “Ecsponent Limited” and
 commencement of trading under the new name “Afristrat Investment Holdings Limited”,
 under share code “ATI”, short name “Afristrat” and ISIN ZAE000287587 from the
 commencement of trade                                                                          Wednesday, 14 October
 Record date for the Change of Name                                                                Friday, 16 October
 Date that the accounts of dematerialised shareholders with their CSDPs or Brokers will
 be updated with the new name                                                                      Monday, 19 October
 Date     that   new      share    certificates    will    be  issued to   certificated
 shareholders, posted by registered post, at their risk                                            Monday, 19 October

Notes:
1. Shareholders may not dematerialise or rematerialise their share certificates between Tuesday,
   13 September2020 and Friday, 16 October 2020, both dates inclusive.

2. The Company will retain all statistical history on the JSE.



NEW NAME RESERVATIONS

The JSE has approved the following changes for all of Ecsponent’s instruments:

                    CURRENT                                                 NEW
 Instrument      JSE Code ISIN                  JSE Code     Short form   Long form                 ISIN
 ORDINARY        ECS      ZAE000179594             ATI      AFRISTRAT     Afristrat Ordinary        ZAE000287587
 SHARES                                                                   Shares

 HYBRID INSTRUMENTS: PREFERENCE SHARES
 Class D         ECSD     ZAE000287173            ATID       ATIPrefD     Afristrat D Pref Shares   ZAE000288882
 Class G         ECSG     ZAE000287199            ATIG       ATIPrefG     Afristrat G Pref Shares   ZAE000288890

 Fixed 9%
 Series 1        ECSFX1   ZAE000265393          ATIFX1       ATIFIXN1     Afristrat Fixed Rate      ZAE000288908
                                                                          Notes X1
 Series 4        ECSFX4   ZAE000275566          ATIFX4       ATIFIXN4     Afristrat Fixed Rate      ZAE000288916
                                                                          Notes X4
 Fixed 10%
 Series 2        ECSFX2   ZAE000266813          ATIFX2       ATIFIXN2     Afristrat Fixed Rate      ZAE000288924
                                                                          Notes X2
 Series 5        ECSFX5   ZAE000275574          ATIFX5       ATIFIXN5     Afristrat Fixed Rate      ZAE000288932
                                                                          Notes X5
 Fixed 12%
 Series 3        ECSFX3   ZAE000266821          ATIFX3       ATIFIXN3     Afristrat Fixed Rate      ZAE000288940
                                                                          Notes X3
 Series 6        ECSFX6   ZAE000275582          ATIFX6       ATIFIXN6     Afristrat Fixed Rate      ZAE000288957
                                                                          Notes X6
 Floating rate
 Series 1        ECSFL1   ZAE000265401          ATIFL1       ATIFLON1     Afristrat Floating Rate   ZAE000288965
                                                                          FL1
 Series 2        ECSFL2   ZAE000275616          ATIFL2       ATIFLON2     Afristrat Floating Rate   ZAE000288973
                                                                          FL2
 Zero Coupon
 Series 1        ECSZR1   ZAE000265419          ATIZR1       ATIZERO1     Afristrat Zero Rate       ZAE000288981
                                                                          Notes ZR1
 Series 2        ECSZR2   ZAE000275607          ATIZR2       ATIZERO2     Afristrat Zero Rate       ZAE000288999
                                                                          Notes ZR2



For more information about this announcement or the Ecsponent group, email
investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations

5 October 2020
Pretoria

Sponsor and Transaction Sponsor to Ecsponent
Questco Corporate Advisory Proprietary Limited

Date: 05-10-2020 10:30:00
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