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


    Ecsponent Pref. Share B6                                 Ecsponent Pref. Share C6
    Short Name: ECSP B6                                      Short Name: ECSP C6
    ECSP17                                                   ECSP18
    Tranche 5, Series 6                                      Tranche 3, Series 6
    ISIN: ZAE000229878                                       ISIN: ZAE000231205


Issue and listing of Class B and Class C Preference Shares under 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 R39 037 999.12 (comprising
           R5 420 099.12 issued in terms of Series 1; R23 486 000.00 issued in terms of Series 2, R4 766 000.00
           issued in terms of Series 3, and R5 365 900.00 issued in terms of Series 4).

-          Class B Preference Shares: An aggregate nominal amount of R151 146 000.00 (comprising
           R6 868 000.00 issued in terms of Series 1; 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 and R25 365 500.00 issued in terms of Series 6)

-          Class C Preference Shares: An aggregate nominal amount of R477 144 800.00 (comprising
           R24 710 000.00 issued in terms of Series 1; 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 and R25 011 000.00 issued in terms of Series 6).


The total authorised amount of R5,000,000,000 under the Programme Memorandum has not been exceeded.

                                                Ecsponent Pref                   Ecsponent Pref Share
                                                  Share B6                               C6
    Number of Preference Shares                     39 990                             130 120

    Nominal amount of this Tranche                 R3 999 000                         R13 012 000

    Issue Price per Preference Share                  R100                                R100

    Listing date                                7 February 2017                     7 February 2017

    Dividend Commencement Date(s)                      N/A                          11 January 2017

    Dividend Record and Payment Dates                  N/A                      Declaration and finalisation
                                                                            announcements to be released on
                                                                           SENS, in compliance with Schedule 18
                                                                            of the JSE Listings Requirements
    Dividend Rate                                      N/A                   Prime Rate plus 4% percent, per
                                                                           annum, payable monthly in arrears, not
                                                                                       compound

    Implied yield                           10.66 percent per annum                        N/A
                                                    (nacm)
 First dividend payment date                  N/A                                   13 February 2017

 Dividend periods                             N/A                                   Monthly

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

 Redemption Record Date                  8 October 2021                            5 November 2021

 Redemption Amount                            R170                                      R100

 Redemption Payment Date                 11 October 2021                           8 November 2021


6 February 2017
For and on behalf of ECSPONENT LIMITED

Sponsor
Questco (Pty) Ltd

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