ECSPONENT LIMITED - Issue and listing of Series 5, Class C Preference shares and Dividend Declaration and Finalisation Announcement

Issue and listing of Series 5, Class C Preference shares and Dividend Declaration and Finalisation Announcement

ECSPONENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1998/013215/06
(“the Company”)

Ecsponent Pref Share C5
Short Name: ECSP C5
ECSP15
ISIN: ZAE000222501


Issue and listing of Series 5, Class C Preference shares under the ZAR5,000,000,000 Preference Share
Programme and Dividend Declaration and Finalisation Announcement

Issue and listing of Series 5, Class C Preference shares;

The Company is pleased to announce that it will be listing the first tranche of Series 5 Class C preference shares on
8 August 2016, the details of which are summarised below:

Issue Price per preference share                              R100.00
Listing date                                                  8 August 2016
Implied yield                                                 Prime Rate plus 4% per cent, per annum, payable
                                                              monthly in arrears, not compounded
Redemption Record Date                                        6 August 2021
Redemption amount per Preference Share                        R100.00
Redemption Payment Date                                       10 August 2021

Full details regarding the listing will be announced prior to the listing date.

Declaration and finalisation announcement in respect of the first dividend payment:

Notice is hereby given that a preference dividend has been declared in respect of the Series 5, Class C
Preference Shares.

Relevant dates in relation to this dividend payment are set out below:
 Last day to trade to appear in the register on Record Date                                 Monday, 8 August 2016
 Preference shares start trading ex-dividend                                            Wednesday, 10 August 2016
 Record Date                                                                               Friday, 12 August 2016
 Payment Date                                                                              Monday, 15 August 2016

In accordance with the requirements of Strate, no share certificates may be dematerialised or rematerialised
between the date that the Preference Shares commence trading ex-dividend and the Record Date.

In terms of the Listings Requirements of the JSE, the following additional information is provided:
1. The dividend has been declared from income reserves;
2. The dividend withholding tax rate is 15%;
3. The gross local dividend amount and the net local dividend amount payable to Preference Shareholders that
   are subject to dividends withholding tax is set out below:

                                                                                  Series 5 Class C Preference Share
Gross local dividend amount (cents per share)                                                             146.98630
Net local dividend amount (cents per share)                                                               124.93836

4.   The issued preference share capital in respect of the Class C Preference Shares is as follows as at the date
     of this announcement:
     4.1 247 100 Series 1 Class C Preference Shares (ISIN ZAE000196291) with a total issued capital of
          R24,710,000.
     4.2 1 175 170 Series 2 Class C Preference Shares (ISIN ZAE000202511) with a total issued capital of
          R117,517,000.
     4.3 1 171 016 Series 3 Class C Preference Shares (ISIN ZAE000210506) with a total issued capital of
          R117,101,600.
     4.4 323 273 Series 4 Class C Preference Shares (ISIN ZAE000210506) with a total issued capital of
          R32,327,300.
5.   Further shares will be issued prior to, or on, the last day to trade date.
6.   Ecsponent’s income tax number is 9235/264/84/4.

Dividend payment dates for the remainder of 2016:
The following dividend payment dates are declared in respect of the Series 5 Class C Preference Shares for the
remainder of 2016. Dividend amounts will be announced 10 business days prior to the last day to trade:

 September 2016
 Last day to trade to appear in the register on Record Date                         Tuesday, 13 September 2016
 Preference shares start trading ex-dividend                                      Wednesday, 14 September 2016
 Record Date                                                                         Friday, 16 September 2016
 Payment Date                                                                        Monday, 19 September 2016

 October 2016
 Last day to trade to appear in the register on Record Date                           Tuesday, 11 October 2016
 Preference shares start trading ex-dividend                                        Wednesday, 12 October 2016
 Record Date                                                                           Friday, 14 October 2016
 Payment Date                                                                          Monday, 17 October 2016

 November 2016
 Last day to trade to appear in the register on Record Date                          Tuesday, 08 November 2016
 Preference shares start trading ex-dividend                                       Wednesday, 09 November 2016
 Record Date                                                                          Friday, 11 November 2016
 Payment Date                                                                         Monday, 14 November 2016

 December 2016
 Last day to trade to appear in the register on Record Date                           Monday, 12 December 2016
 Preference shares start trading ex-dividend                                         Tuesday, 13 December 2016
 Record Date                                                                        Thursday, 15 December 2016
 Payment Date                                                                         Monday, 19 December 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.


Pretoria
28 July 2016

Sponsor
Questco (Pty) Limited

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