ECSPONENT LIMITED - ECSP3 \ECSP1 - Monthly dividend finalisation announcement - Series 1

ECSP3 \ECSP1 -  Monthly dividend finalisation announcement - Series 1

ECSPONENT LIMITED
(Previously John Daniel Holdings Limited)
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
(“the Company” or “Ecsponent”)
   
                Ecsponent Pref Share A                                 Ecsponent Pref Share C

                      JSE Code: ECSP1                                         JSE Code: ECSP3

                    ISIN: ZAE000196317                                       ISIN: ZAE000196291

           (“Series 1 Class A Preference Shares”)                (“Series 1 Class C Preference Shares”)


SIXTH MONTHLY DIVIDEND FINALISATION ANNOUNCEMENT OF PREFERENCE SHARES LISTED

Further to the announcement released by the Company on Friday, 3 October 2014, holders of Series 1 Class A
Preference Shares and holders of Series 1 Class C Preference Shares (collectively “Series 1 Preference
Shareholders”) are hereby advised that the dividend per share amount, to be paid on 20 April 2015 has been
finalised.

Notice is hereby given that the following preference dividends have been declared in respect of the period
commencing on 9 March 2015 and ending on the date dividends start trading ex-dividend, being 13 April 2015:

      -  in respect of the Series 1 Class A Preference Shares, a dividend at the rate of 10% per annum; and
      -  in respect of the Series 1 Class C Preference Shares, a dividend at the rate of 13.25% per annum
         (being the prime rate plus 4%),
the per share amounts of which have been disclosed below.

Relevant dates in relation to this dividend payment are set out below:
  Last day to trade to appear in the register on Record Date                               Friday, 10 April 2015

     Preference shares start trading ex-dividend                                           Monday, 13 April 2015

     Record Date                                                                           Friday, 17 April 2015

     Payment Date                                                                          Monday, 20 April 2015


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

In terms of the Listings Requirements of the JSE, the following additional information is provided:

1.    The dividends have been declared from income reserves;
2.    The dividend withholding tax rate is 15%;
3.    No Secondary Tax on Companies (“STC”) credits have been utilised;
4.    The gross local dividend amounts and the net local dividend amount payable to Preference Shareholders
      that are subject to dividends withholding tax is set out below:

                                            Class A Preference Share              Class C Preference Share
                                                    (Series 1)                            (Series 1)

          Gross local dividend
          amount
          (cents per share)                                 95.89041                             127.05479
          

          Net local dividend amount                         81.50685                             107.99657
          (cents per share)


5.   The issued preference share capital in respect of the Series 1 Class A Preference Shares and the Series 1
     Class C Preference Shares is as follows as at the date of this announcement:
     5.1. 61 332 Series 1 Class A Preference Shares (ISIN ZAE000196317) with a total issued capital of
          R5 420 099.12; and
     5.2. 248 700 Series 1 Class C Preference Shares (ISIN ZAE000196291) with a total issued capital of
          R24 870 000.00.

6.   The Company intends to issue additional Preference Shares prior to the last day to trade date.

7.   Ecsponent’s income tax number is 9235/264/84/4.




Pretoria
1 April 2015


Sponsor
Questco Proprietary Limited

Date: 01/04/2015 11:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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