ECSPONENT LIMITED - March 2016 monthly preference share dividend finalisation announcement

March 2016 monthly preference share dividend finalisation announcement

ECSPONENT 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”)

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”)

Ecsponent Pref Share A3                                    Ecsponent Pref Share C3
JSE Code: ECSP7                                            JSE Code: ECSP9
ISIN: ZAE000210480                                         ISIN: ZAE000210506
(“Series 3 Class A Preference Shares”)                     (“Series 3 Class C Preference Shares”)

(collectively “Class A Preference Shares”)                 (collectively “Class C Preference Shares”)


MARCH 2016 MONTHLY PREFERENCE SHARE DIVIDEND FINALISATION ANNOUNCEMENT

Further to the announcement released by the Company on 19 February 2016, holders of Class A Preference
Shares and holders of Class C Preference Shares are hereby advised that the dividend per share amount, to be
paid on 18 April 2016, has been finalised.

Notice is hereby given that the following preference dividends have been declared in respect of the period
commencing on 07 March 2016 and ending on the date dividends start trading ex-dividend, being 11 April 2016:
     -    in respect of the Class A Preference Shares, a dividend at the rate of 10% per annum; and
     -    in respect of the Class C Preference Shares, a dividend at the rate of 14.25% per annum for the period
          8 March 2016 to 16 March 2016 and 14.5% per annum for the period 17 March 2016 to 11 April 2016
          (being the prime rate applicable to the respective periods, 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, 8 April 2016
 Preference shares start trading ex-dividend                                            Monday, 11 April 2016
 Record Date                                                                             Friday, 15 April 2016
 Payment Date                                                                           Monday, 18 April 2016

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. 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 2 and Series 3)    (Series 1, Series 2 and Series 3)

Gross local dividend amount                                     95.89041                            138.42466
(cents per share)
Net local dividend amount                                       81.50685                            117.66096
(cents per share)
4.   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:
     4.1. 61 332 Series 1 Class A Preference Shares (ISIN ZAE000196317) with a total issued capital of
          R5 420 099.12; and
     4.2. 247 100 Series 1 Class C Preference Shares (ISIN ZAE000196291) with a total issued capital of
          R24 710 000.

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. 246 946 Series 2 Class A Preference Shares (ISIN ZAE000202495) with a total issued capital of
          R23 486 000; and
     5.2. 1 175 170 Series 2 Class C Preference Shares (ISIN ZAE000202511) with a total issued capital of
           R117 517 000.

6.   The issued preference share capital in respect of the Series 3 Class A Preference Shares and the Series 3
     Class C Preference Shares is as follows as at the date of this announcement:
     6.1. 28 690 Series 3 Class A Preference Shares (ISIN ZAE000210480) with a total issued capital of
          R2 713 000; and
     6.2. 391 370 Series 3 Class C Preference Shares (ISIN ZAE000210506) with a total issued capital of
          R39 137 000.

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

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


Pretoria
23 March 2016

Sponsor
Questco Proprietary Limited

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