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 A4 Ecsponent Pref Share B4
Short Name: ECSP A4 Short Name: ECSP B4
ECSP10 ECSP11
Tranche 6, Series 4 Trance 6 Series 4
ISIN; ZAE000217196 ISIN: ZAE000214441
Ecsponent Pref Share B5 Ecsponent Pref Share C4
Short Name: ECSP B5 Short Name: ECSP C4
ECSP14 ECSP12
Tranche 3, Series 5 Tranche 5, Series 4
ISIN: ZAE000221362 ISIN: ZAE000218525
Ecsponent Pref. Share B6 Ecsponent Pref. Share C5
Short Name: ECSP B6 Short Name: ECSP C5
ECSP17 ECSP15
Tranche 1, Series 6 Tranche 3, Series 5
ISIN; ZAE000229878 ISIN: ZAE000222501
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 R36 337 999.12 (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 R2 665 900.00 issued in terms of Series 4).
- Class B Preference Shares: An aggregate nominal amount of R115 715 500.00 (comprising
R6 868 000.00 issued in terms of Series 1; R46 166 000.00 issued in terms of Series 2, R36 949 200.00
issued in terms of Series 3, R11 455 700.00 issued in terms of Series 4, R14 266 600.00 issued in terms
of Series 5 and R10 000.00 issued in terms of Series 6).
- Class C Preference Shares: An aggregate nominal amount of R366 081 800.00 (comprising
R24 710 000.00 issued in terms of Series 1; R117 517 000.00 issued in terms of Series 2,
R118 001 600.00 issued in terms of Series 3, R74 706 300.00 issued in terms of Series 4 and
R31 146 900.00 issued in terms of Series 5).
The total authorised amount of R5,000,000,000 under the Programme Memorandum has not been exceeded.
Ecsponent Pref Share Ecsponent Pref Ecsponent Pref Ecsponent Pref Ecsponent Pref Share Ecsponent Pref Share
A4 Share B4 Share B5 Share B6 C4 C5
Number of Preference 18 537 200 76 050 100 15 000 295 069
Shares
Nominal amount of this R1 750 400 R20 000 R7 605 000 R10 000 R1 500 000 R29 506 900
Tranche
Issue Price per Preference R94.43 R100 R100 R100 R100 R100
Share
Listing date 11 October 2016 11 October 2016 11 October 2016 11 October 2016 11 October 2016 11 October 2016
Dividend Commencement 14 September 2016 N/A N/A N/A 14 September 2016 14 September 2016
Date(s)
Dividend Record and Declaration and N/A N/A N/A Declaration and Declaration and
Payment Dates finalisation finalisation finalisation
announcements to be announcements to be announcements to be
released on SENS, in released on SENS, in released on SENS, in
compliance with compliance with compliance with
Schedule 18 of the JSE Schedule 18 of the JSE Schedule 18 of the JSE
Listings Requirements Listings Requirements Listings Requirements
Dividend Rate 10% percent, per N/A N/A N/A Prime Rate plus 4% Prime Rate plus 4%
annum, payable percent, per annum, percent, per annum,
monthly in arrears payable monthly in payable monthly in
arrears. not compound arrears. not compound
Implied yield N/A 10.66 percent per 10.66 percent per 10.66 percent per N/A N/A
annum (nacm) annum (nacm) annum (nacm)
First Dividend payment 17 October 2016 N/A N/A N/A 17 October 2016 17 October 2016
date
Dividend periods Monthly N/A N/A N/A Monthly Monthly
Any other items relating to Actual / 365 N/A N/A N/A Actual / 365 Actual / 365
the particular method of
calculating dividends
Redemption Record Date 9 April 2021 5 March 2021 2 July 2021 8 October 2021 11 June 2021 6 August 2021
Redemption Amount R100 R170 R170 R170 R100 R100
Redemption Payment 12 April 2021 8 March 2021 5 July 2021 11 October 2011 14 June 2021 10 August 2021
Date
07 October 2016
For and on behalf of ECSPONENT LIMITED
Sponsor
Questco (Pty) Ltd
Date: 07/10/2016 04:18:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.