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Issue and listing of Class A, Class B and Class C Preference Shares
ECSPONENT LIMITED
(Incorporated in the Republic of South Africa with limited liability under registration number 1998/013215/06)
Ecsponent Pref Share A2 Ecsponent Pref Share B2 Ecsponent Pref Share C2
Short Name: ECSP A2 Short Name: ECSP B2 Short Name: ECSP C2
ECSP4 ECSP5 ECSP6
Tranche 5, Series 2 Tranche 5, Series 2 Tranche 5, Series 2
ISIN: ZAE000202495 ISIN: ZAE000202503 ISIN: ZAE000202511
Issue date – 4 September 2015 Issue date - 4 September 2015 Issue date – 4 September 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 will be issued and listed today,
4 September 2015:
Ecsponent Pref Ecsponent Pref Ecsponent Pref
Share A2 Share B2 Share C2
Number of Preference Shares 25 412 71 330 271 665
Nominal amount of this Tranche R2,410,000 R7,133,000 R27,166,500
Aggregate nominal amount of this Series R18,278,000 R33,412,000 R73,571,500
of Preference Shares in issue after
issuance
Issue Price per Preference Share R94.84 R100.00 R100.00
(average)
Dividend Commencement Date(s) 7 August 2015 N/A 7 August 2015
Dividend Record and Payment Dates Declaration and N/A Declaration and
finalisation finalisation
announcements to be announcements to be
released on SENS, in released on SENS, in
compliance with compliance with
Schedule 18 of the Schedule 18 of the
JSE Listings JSE Listings
Requirements Requirements
Dividend Rate 10% percent, per N/A Prime Rate plus 4%
annum, payable per cent, per annum,
monthly in arrears payable monthly in
arrears, not compound
Implied yield N/A 10.66 percent per N/A
annum (nacm)
First Dividend payment date 14 September 2015 N/A 14 September 2015
Dividend periods Monthly N/A Monthly
Any other items relating to the particular Actual / 365 N/A Actual / 365
method of calculating dividends
Redemption Record Date 6 March 2020 6 March 2020 6 March 2020
Redemption Amount R100 R170 R100
Redemption Payment Date 9 March 2020 9 March 2020 9 March 2020
Following the above issuance, the total preference shares in issue are as follows:
- Class A Preference Shares: An aggregate nominal amount of R23 698 099.12 (comprising
R5 420 099.12 issued in terms of Series 1 and R18 278 000.00 issued in terms of Series 2)
- Class B Preference Shares: An aggregate nominal amount of R41 275 000.00 (comprising
R8 133 000.00 issued in terms of Series 1 and R33 142 000.00 issued in terms of Series 2)
- Class C Preference Shares: An aggregate nominal amount of R98 281 500.00 (comprising
R24 710 000.00 issued in terms of Series 1 and R73 571 500.00 issued in terms of Series 2)
The total authorised amount of ZAR5,000,000,000 under the Programme Memorandum has not been exceeded.
4 September 2015
For and on behalf of ECSPONENT LIMITED
Sponsor and corporate advisor
Questco (Pty) Ltd
Date: 04/09/2015 08:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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