Wrap Text
Issue and listing of Preference Shares
ECSPONENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1998/013215/06
(“the Company”)
Ecsponent Pref Share A3 Ecsponent Pref Share A4 Ecsponent Pref Share B3
Short Name: ECSP A3 Short Name: ECSP A4 Short Name: ECSP B3
ECSP7 ECSP10 ECSP8
Tranche 6, Series 3 Tranche 3, Series 4 Tranche 7, Series 3
ISIN: ZAE000210480 ISIN: ZAE000217196 ISIN: ZAE000210498
Ecsponent Pref Share B4 Ecsponent Pref Share C3 Ecsponent Pref Share C4
Short Name: ECSP B11 Short Name: ECSP C3 Short Name: ECSP B12
ECSP11 ECSP9 ECSP12
Trance 2, Series 4 Tranche 6, Series 3 Trance 1, Series 4
ISIN: ZAE000214441 ISIN: ZAE000210506 ISIN: ZAE000218525
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 summarised in the table below will be issued and listed
as detailed in the table.
Following the issuance, the total preference shares in issue are as follows:
- Class A Preference Shares: An aggregate nominal amount of R38 788 599.12 (comprising R5 420 099.12
issued in terms of Series 1; R23 486 000.00 issued in terms of Series 2, R4 766 000.00 issued in terms
of Series 3, and R308 500.00 in terms of Series 4).
- Class B Preference Shares: An aggregate nominal amount of R93 857 800.00 (comprising R6 868 000.00
issued in terms of Series 1; R46 156 000.00 issued in terms of Series 2, R36 949 200.00 issued in terms
of Series 3, and R3 874 600.00 in terms of Series 4).
- Class C Preference Shares: An aggregate nominal amount of R271 085 600.00 (comprising
R24 710 000.00 issued in terms of Series 1; R117 517 000.00 issued in terms of Series 2,
R117 101 600.00 issued in terms of Series 3 and R11 757 000.00 issued in terms of Series 4).
The total authorised amount of R5,000,000,000 under the Programme Memorandum has not been exceeded.
Ecsponent Pref Share Ecsponent Pref Share Ecsponent Pref Ecsponent Pref Ecsponent Pref Share Ecsponent Pref Share
A3 A4 Share B3 Share B4 C3 C4
Number of Preference 300 2 072 6 250 38 646 104 506 117 570
Shares
Nominal amount of this R30 000.00 R195 000.00 R625 000.00 R3 864 600.00 R10 450 600.00 R11 757 000.00
Tranche
Issue Price per Preference R100.00 R94.11 R100.00 R100.00 R100.00 R100.00
Share
Listing date 3 June 2016 3 June 2016 3 June 2016 3 June 2016 3 June 2016 10 June 2016
Dividend Commencement 9 May 2016 9 May 2016 N/A N/A 9 May 2016 9 May 2016
Date(s)
Dividend Record and Declaration and Declaration and N/A N/A Declaration and Declaration and
Payment Dates finalisation finalisation finalisation finalisation
announcements to be announcements to be announcements to be announcements to be
released on SENS, in released on SENS, in released on SENS, in released on SENS, in
compliance with compliance with compliance with compliance with
Schedule 18 of the JSE Schedule 18 of the JSE Schedule 18 of the JSE Schedule 18 of the JSE
Listings Requirements Listings Requirements Listings Requirements Listings Requirements
Dividend Rate 10% percent, per 10% percent, per N/A N/A Prime Rate plus 4% per Prime Rate plus 4%
annum, payable annum, payable cent, per annum, percent, per annum,
monthly in arrears monthly in arrears payable monthly in payable monthly in
arrears, not compound arrears. not compound
Implied yield N/A N/A 10.66 percent per 10.66 percent per N/A N/A
annum (nacm) annum (nacm)
First Dividend payment 13 June 2016 13 June 2016 N/A N/A 13 June 2016 13 June 2016
date
Dividend periods Monthly Monthly N/A N/A Monthly Monthly
Any other items relating to Actual / 365 Actual / 365 N/A N/A Actual / 365 Actual / 365
the particular method of
calculating dividends
Redemption Record Date 4 December 2020 9 April 2021 6 November 2020 5 March 2021 4 December 2020 11 June 2021
Redemption Amount R100 R100 R170 R170 R100 R100
Redemption Payment 7 December 2020 12 April 2021 9 November 2020 8 March 2021 7 December 2020 14 June 2021
Date
02 June 2016
For and on behalf of ECSPONENT LIMITED
Sponsor
Questco (Pty) Ltd
Date: 02/06/2016 05:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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