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Issue and listing of preference shares Class A, B and C under its ZAR5,000,000,000 preference share programme
ECSPONENT LIMITED
(Incorporated in the Republic of South Africa with limited liability under registration number 1998/013215/06)
(“the Company”)
Ecsponent Pref Share A3 Ecsponent Pref Share B3
Short Name: ECSP A3 Short Name: ECSP B3
ECSP7 ECSP8
Tranche 4, Series 3 Tranche 5, Series 3
ISIN: ZAE000210480 ISIN: ZAE000210498
Ecsponent Pref Share A4 Ecsponent Pref Share C3
Short Name: ECSP A4 Short Name: ECSP C3
ECSP10 ECSP9
Tranche 1, Series 4 Tranche 4, Series 3
ISIN: ZAE000217196 ISIN: ZAE000210506
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 on 8 April 2016, or as
soon as possible thereafter:
Ecsponent Pref Ecsponent Pref Ecsponent Pref Ecsponent Pref
Share A3 Share A4 Share B3 Share C3
Number of 8 000 350 101 080 273 560
Preference Shares
Nominal amount of R800 000.00 R35 000.00 R10 108 000.00 R27 356 000.00
this Tranche
Aggregate nominal R3 513 000.00 R35 000.00 R32 995 500.00 R66 493 000.00
amount of this Series
of Preference Shares
in issue after
issuance
Issue Price per R100.00 R100.00 R100.00 R100.00
Preference Share
Dividend 7 March 2016 7 March 2016 N/A 7 March 2016
Commencement
Date(s)
Dividend Record and Declaration and Declaration and N/A Declaration and
Payment Dates finalisation finalisation finalisation
announcements to be announcements to be announcements to be
released on SENS, released on SENS, released on SENS,
in compliance with in compliance with in compliance with
Schedule 18 of the Schedule 18 of the Schedule 18 of the
JSE Listings JSE Listings JSE Listings
Requirements Requirements Requirements
Dividend Rate 10% percent, per 10% percent, per N/A Prime Rate plus 4%
annum, payable annum, payable per cent, per annum,
monthly in arrears monthly in arrears payable monthly in
arrears, not
compound
Implied yield N/A N/A 10.66 percent per N/A
annum (nacm)
First Dividend 18 April 2016 18 April 2016 N/A 18 April 2016
payment date
Dividend periods Monthly Monthly N/A Monthly
Any other items Actual / 365 Actual / 365 N/A Actual / 365
relating to the
particular method of
calculating dividends
Redemption Record 4 December 2020 9 April 2021 6 November 2020 4 December 2020
Date
Redemption Amount R100 R100 R170 R100
Redemption Payment 7 December 2020 12 April 2021 9 November 2020 7 December 2020
Date
Following the above issuance, the total preference shares in issue are as follows:
- Class A Preference Shares: An aggregate nominal amount of R32 454 099.12 (comprising
R5 420 099.12 issued in terms of Series 1; R23 486 000.00 issued in terms of Series 2, R3 513 000.00
issued in terms of Series 3, and R35 000.00 in terms of Series 4).
- Class B Preference Shares: An aggregate nominal amount of R86 029 500.00 (comprising
R6 868 000.00 issued in terms of Series 1; R46 156 000.00 issued in terms of Series 2, R32 995 500.00
issued in terms of Series 3, and R10 000 in terms of Series 4).
- Class C Preference Shares: An aggregate nominal amount of R208 720 000 (comprising
R24 710 000.00 issued in terms of Series 1; R117 517 000.00 issued in terms of Series 2 and
R66 493 000 issued in terms of Series 3).
The total authorised amount of R5,000,000,000 under the Programme Memorandum has not been exceeded.
6 April 2016
For and on behalf of ECSPONENT LIMITED
Sponsor and corporate advisor
Questco (Pty) Ltd
Date: 06/04/2016 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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