ECSPONENT LIMITED - Distribution of a circular and notice of a general meeting

Distribution of a circular and notice of a general meeting

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
("the Company" or "Ecsponent")

DISTRIBUTION OF A CIRCULAR AND NOTICE OF A GENERAL MEETING

Shareholders are referred to the announcement dated 10 October 2016 relating to the proposed
partially underwritten rights offer by the Company to raise a maximum of R50 million (“the Rights
Offer”) and in which the Company advised shareholders that:
-        the underwriter to the Rights Offer may be required to make a mandatory offer to
         shareholders in terms of section 123 of the Companies Act (“the Mandatory Offer”) depending
         on the outcome of the Rights Offer; and
-        the number of shares to be issued pursuant to the Rights Offer may result in the issue of
         shares with voting rights in excess of 30% of the voting rights currently in issue.

Shareholders will therefore be requested to:
-       waive the Mandatory Offer in terms of regulation 86(4) of the Companies Act Regulations,
        2011 (“the Waiver”); and
-       approve the issue of shares pursuant to the Rights Offer in terms of section 41(3) of the
        Companies Act, 2008 (“the Rights Offer Share Issue”).

Shareholders are accordingly advised that a circular setting out the details of the Waiver and the
Rights Offer Share Issue and containing a notice of a general meeting of shareholders (“the General
Meeting”) to approve the relevant ordinary and special resolutions to approve the Waiver and the
Rights Offer Share Issue (“Circular”), will be posted to shareholders registered as such on Friday,
21 October 2016, today.

The Circular is available on the Company’s website: www.ecsponentlimited.com

NOTICE OF GENERAL MEETING

Notice is hereby given that the General Meeting will be held on Monday, 28 November 2016 at the
Company’s offices, Acacia House, Green Hill Village Office Park, Cnr of Nentabos and Botterklapper
Street, The Willows, Pretoria East at 10:30, to consider the ordinary and special resolutions to
approve the Waiver and the Rights Offer Share Issue.

The salient dates and times relating to the General Meeting are set out below:
                                                                                            2016

 Last day to trade in order to be eligible to participate and vote at the     Tuesday, 15 November
 General Meeting

 General Meeting record date (for voting purposes)                            Friday, 18 November

 Last day to lodge forms of proxy for the General Meeting by 10:30            Thursday, 24 November
 on

 General Meeting held at 10:30 on                                             Monday, 28 November

 Results of the General Meeting released on SENS on or about                  Monday, 28 November


The above dates and times are subject to change. Any such change will be released on SENS.


Johannesburg
31 October 2016

Sponsor
Questco Proprietary Limited

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