ECSPONENT LIMITED - ECSP4 \ECSP6 - Monthly dividend finalisation announcement - Series 2

ECSP4 \ECSP6 -  Monthly dividend finalisation announcement - Series 2

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 A2                                 Ecsponent Pref Share C2
                      JSE Code: ECSP4                                          JSE Code: ECSP6
                    ISIN: ZAE000202495                                        ISIN: ZAE000202511
           (“Series 2 Class A Preference Shares”)                  (“Series 2 Class C Preference Shares”)


SECOND MONTHLY DIVIDEND FINALISATION ANNOUNCEMENT IN RESPECT OF SERIES 2
PREFERENCE SHARES

Holders of Series 2 Class A Preference Shares and holders of Series 2 Class C Preference Shares (collectively
“Series 2 Preference Shareholders”) are hereby advised that the following preference dividends have been
declared in respect of the period commencing on 27 March 2015 and ending on the date dividends start trading
ex-dividend, being 13 April 2015:

      -  in respect of the Series 2 Class A Preference Shares, a dividend at the rate of 10% per annum; and
      -  in respect of the Series 2 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, 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 2)                              (Series 2)

          Gross local dividend
          amount
          (cents per share)                                  49.31507                              65.34247
          

          Net local dividend amount
                                                             41.91781                              55.54110
          (cents per share)


5.    The issued preference share capital in respect of the Series 2 Class A Preference Shares and the Series 2
      Class C Preference Shares is as follows as at the date of this announcement:
     5.1. 40 453 Series 2 Class A Preference Shares (ISIN ZAE000202495) with a total issued capital of
          R4 000 000); and
     5.2. 97 800 Series 2 Class C Preference Shares (ISIN ZAE000202511) with a total issued capital of
          R9 780 000.

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 11:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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