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Issue and listing of Preference Shares
ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Ecsponent Pref. Share A4 Ecsponent Pref. Share C6
Short Name: ECSP A4 Short Name: ECSP C6
ECSP10 ECSP18
Tranche 10, Series 4 Tranche 4, Series 6
ISIN: ZAE000217196 ISIN: ZAE000231205
Ecsponent Pref. Share B6 Ecsponent Pref Share C7
Short Name: ECSP B6 Short Name: ECSP C7
ECSP17 ECSP21
Tranche 6, Series 6 Tranche 1, Series 7
ISIN: ZAE000229878 ISIN: ZAE000241725
Ecsponent Pref Share B7
Short Name; ECSP B7
ECSP20
Tranche 1, Series 7
ISIN: ZAE000241717
Issue and listing of Class A, Class B and Class C Preference Shares under 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 R39 187 999.12 (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 R5 515 900.00 issued in terms of Series 4).
- Class B Preference Shares: An aggregate nominal amount of R158 201 000.00 (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, R24 341 600.00 issued in
terms of Series 5, R32 400 500.00 issued in terms of Series 6, R20 000.00 in terms of Series 7.)
- Class C Preference Shares: An aggregate nominal amount of R518 464 800.00 (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,
R117 198 900.00 issued in terms of Series 5, R66 131 000.00 issued in terms of Series 6 and
R200 000.00 in terms of Series 7).
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 Share Ecsponent Pref Share
A4 Share B6 Share B7 C6 C7
Number of Preference Shares 1 500 70 350 200 411 200 2 000
Nominal amount of this Tranche R150 000 R7 035 000 R20 000 R41 120 000 R200 000
Issue Price per Preference Share R100 R100 R100 R100 R100
Listing date 6 March 2017 6 March 2017 6 March 2017 6 March 2017 6 March 2017
Dividend Commencement Date(s) 7 February 2017 N/A N/A 7 February 2017 7 February 2017
Dividend Record and Payment Dates Declaration and N/A N/A Declaration and Declaration and
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 Schedule compliance with Schedule compliance with Schedule
18 of the JSE Listings 18 of the JSE Listings 18 of the JSE Listings
Requirements Requirements Requirements
Dividend Rate 10% percent, per annum, N/A N/A Prime Rate plus 4% Prime Rate plus 4%
payable monthly in percent, per annum, percent, per annum,
arrears payable monthly in payable monthly in
arrears, not compound arrears, not compound
Implied yield N/A 10.66 percent per annum 10.66 percent per annum N/A N/A
(nacm) (nacm)
First dividend payment date 13 March 2017 N/A N/A 13 March 2017 13 March 2017
Dividend periods Monthly N/A N/A Monthly Monthly
Any other items relating to the Actual / 365 N/A N/A Actual / 365 Actual / 365
particular method of calculating
dividends
Redemption Record Date 9 April 2021 8 October 2021 4 March 2022 5 November 2021 4 March 2022
Redemption Amount R100 R170 R170 R100 R100
Redemption Payment Date 12 April 2021 11 October 2021 7 March 2022 8 November 2021 7 March 2022
3 March 2017
For and on behalf of ECSPONENT LIMITED
Sponsor
Questco (Pty) Ltd
Date: 03/03/2017 11:44:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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