ECSPONENT LIMITED - Issue and listing of Class B and Class C Preference Shares

Issue and listing of Class B and Class C Preference Shares

ECSPONENT LIMITED
(previously John Daniel Holdings Limited)
(Incorporated in the Republic of South Africa with limited liability under registration number 1998/013215/06)

Ecsponent Pref Share B                                    Ecsponent Pref Share C
Short Name: ECSP B                                        Short Name: ECSP C
ECSP2                                                     ECSP3
Tranche 2, Series 1                                       Tranche 2, Series 1
ISIN: ZAE000196309                                        ISIN: ZAE000196291
Issue date - 7 November 2014                              Issue date – 7 November 2014


Issue and listing of Class B and Class C Preference shares under its ZAR5,000,000,000 Preference Share Programme


The Company is pleased to announce that the preference shares below will be issued and listed today:


                                      Ecsponent Pref Share B                 Ecsponent Pref Share C
Number of Preference Shares           10 450                                 20 350
                                      
Nominal amount of this Tranche        R1 045 000                             R2 035 000

Aggregate nominal amount of
Preference Shares in issue after      R2 025 000                             R3 025 000
issuance

Issue Price per Preference Share      R100                                   R100

Dividend Commencement Date(s)         N/A                                    7 November 2014

Dividend Record and Payment           N/A  
Dates                                                                        Declaration and finalisation
                                                                             announcements to be released on
                                                                             SENS, in compliance withSchedule 24 
                                                                             of the JSE Listings Requirements                                                                       
                                                                           
                                                                             Prime Rate plus 4% per cent, per
Dividend Rate                         N/A                                    annum, payable monthly in arrears,
                                                                             not compound

Implied yield                         10.66 percent per annum (nacm)         N/A

First Dividend payment date           N/A                                    17 November 2014

Dividend periods                      N/A                                    Monthly

Any other items relating to the
particular method of calculating      N/A                                    Actual / 365
dividends

Redemption Record Date                27 September 2019                      27 September 2019

Redemption Amount                     R170                                   R100

Redemption Payment Date               7 October 2019                         7 October 2019


The total authorised amount of ZAR5,000,000,000 under the Programme Memorandum has not been exceeded.


For and on behalf of ECSPONENT LIMITED


Sponsor and corporate advisor
Questco (Pty) Ltd

Date: 07/11/2014 12:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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