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Issue and listing of Class A, Class B and Class C 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 B7
Short Name: ECSP A4 Short Name; ECSP B7
ECSP10 ECSP20
Tranche 11, Series 4 Tranche 2, Series 7
ISIN: ZAE000217196 ISIN: ZAE000241717
Ecsponent Pref. Share B6 Ecsponent Pref. Share C6
Short Name: ECSP B6 Short Name: ECSP C6
ECSP17 ECSP18
Tranche 7, Series 6 Tranche 5, Series 6
ISIN: ZAE000229878 ISIN: ZAE000231205
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 487 999.12 (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 815 900.00 issued in terms of Series 4).
- Class B Preference Shares: An aggregate nominal amount of R161 726 000.00 (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, R35 895 500.00 issued in terms of Series 6, R50 000.00 in terms of Series 7.)
- Class C Preference Shares: An aggregate nominal amount of R566 966 700.00 (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, R114 632 900.00 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 A4 Ecsponent Pref Ecsponent Pref Ecsponent Pref Share
Share B6 Share B7 C6
Number of Preference Shares 3 000 34 950 300 485 019
Nominal amount of this Tranche R300 000 R3 495 000 R30 000 R48 501 900
Issue Price per Preference Share R100 R100 R100 R100
Listing date 7 April 2017 7 April 2017 7 April 2017 7 April 2017
Dividend Commencement Date(s) 7 March 2017 N/A N/A 7 March 2017
Dividend Record and Payment Dates Declaration and finalisation N/A N/A Declaration and finalisation
announcements to be announcements to be
released on SENS, in released on SENS, in
compliance with Schedule 18 compliance with Schedule 18
of the JSE Listings of the JSE Listings
Requirements Requirements
Dividend Rate 10% percent, per annum, N/A N/A Prime Rate plus 4% percent,
payable monthly in arrears per annum, payable monthly
in arrears, not compound
Implied yield N/A 10.66 percent per annum 10.66 percent per annum N/A
(nacm) (nacm)
First dividend payment date 18 April 2017 N/A N/A 18 April 2017
Dividend periods Monthly N/A N/A Monthly
Any other items relating to the particular Actual / 365 N/A N/A Actual / 365
method of calculating dividends
Redemption Record Date 9 April 2021 8 October 2021 4 March 2022 5 November 2021
Redemption Amount R100 R170 R170 R100
Redemption Payment Date 12 April 2021 11 October 2021 7 March 2022 8 November 2021
6 April 2017
For and on behalf of ECSPONENT LIMITED
Sponsor
Questco (Pty) Ltd
Date: 06/04/2017 08:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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