ECSPONENT LIMITED - Issue and listing of Preference Shares

Issue and listing of 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 A                 Ecsponent Pref Share B                    Ecsponent Pref Share C
 Short Name: ECSP A                     Short Name: ECSP B                        Short Name: ECSP C
 ECSP1                                  ECSP2                                     ECSP3
 Tranche 5, Series 1                    Tranche 5, Series 1                       Tranche 5, Series 1
 ISIN: ZAE000196317                     ISIN: ZAE000196309                        ISIN: ZAE000196291
 Issue date – 6 February 2015           Issue date - 6 February 2015              Issue date – 6 February 2015


     Issue and listing of Class A, 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 have been issued and listed on
6 February 2015:

                                      Ecsponent Pref Share A         Ecsponent Pref Share B         Ecsponent Pref Share C

                                      
 Number of Preference Shares          2,125                          3,650                          31,000

 Nominal amount of this Tranche       R200 005                       R365 000                       R248 700
 

 Aggregate nominal amount of          R5,420,005                     R8,123,000                     R24,870,000
 Preference Shares in issue after
 issuance

 Issue Price per Preference Share     R94.12                         R100.00                        R100.00

 Dividend Commencement Date(s)        12 January 2015                N/A                            12 January 2015

                                      Declaration and finalisation                                  Declaration and finalisation
                                      announcements to be                                           announcements to be
 Dividend Record and Payment          released on SENS, in                                          released on SENS, in
 Dates                                compliance with Schedule       N/A                            compliance with Schedule
                                      24 of the JSE Listings                                        24 of the JSE Listings
                                      Requirements                                                  Requirements                          
                                      

                                      10% percent, per annum,                                       Prime Rate plus 4% per
 Dividend Rate                        payable monthly in arrears     N/A                            cent, per annum, payable
                                                                                                    monthly in arrears, not
                                                                                                    compound

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

 First Dividend payment date          16 February 2015               N/A                            16 February 2015

 Dividend periods                     Monthly                        N/A                            Monthly

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

 Redemption Record Date               27 September 2019              27 September 2019              27 September 2019

 Redemption Amount                    R100                           R170                           R100

 Redemption Payment Date              7 October 2019                 7 October 2019                 7 October 2019

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

9 February 2015
For and on behalf of ECSPONENT LIMITED

Sponsor and corporate advisor
Questco (Pty) Ltd

Date: 09/02/2015 04:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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