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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
Ecsponent Pref. Share C7
Short Name: ECSP C7
ECSP21
Tranche 2, Series 7
ISIN: ZAE000241725
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 587 999.12 (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 915 900.00 issued in terms of Series 4).
- Class B Preference Shares: An aggregate nominal amount of R183 294 100.00 (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, R37 515 500.00 issued in terms of Series 6, R19 998 100.00 in terms of Series 7.)
- Class C Preference Shares: An aggregate nominal amount of R611 533 900.00 (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, R133 349 900.00 issued in terms of Series 6 and
R26 050 200.00 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 Share B6 Ecsponent Pref Share B7 Ecsponent Pref Share C6 Ecsponent Pref Share C7
Number of Preference Shares 1 000 16 200 199 481 187 170 258 502
Nominal amount of this Tranche R100 000 R1 620 000 R19 948 100 R18 717 000 R25 850 200
Issue Price per Preference Share R100 R100 R100 R100 R100
Listing date 8 May 2017 8 May 2017 8 May 2017 8 May 2017 8 May 2017
Dividend Commencement Date(s) 10 April 2017 N/A N/A 10 April 2017 10 April 2017
Dividend Record and Payment Dates Declaration and finalisation N/A N/A Declaration and finalisation Declaration and 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 arrears percent, per annum, percent, per annum,
payable monthly in arrears, payable monthly in arrears,
not compound 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 15 May 2017 N/A N/A 15 May 2017 15 May 2017
Dividend periods Monthly N/A N/A Monthly Monthly
Any other items relating to the particular Actual / 365 N/A N/A Actual / 365 Actual / 365
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
8 May 2017
For and on behalf of ECSPONENT LIMITED
Sponsor
Questco (Pty) Ltd
Date: 08/05/2017 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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