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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 A5
Short Name: ECSP A4 Short Name: ECSP A5
ECSP10 ECSP13
Tranche 13, Series 4 Tranche 1, Series 5
ISIN: ZAE000217196 ISIN: ZAE000244844
Ecsponent Pref Share B7 Ecsponent Pref. Share C7
Short Name; ECSP B7 Short Name: ECSP C7
ECSP20 ECSP21
Tranche 4, Series 7 Tranche 3, Series 7
ISIN: ZAE000241717 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 887 999.12 (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, R6 215 900.00 issued in terms of Series 4).
- Class B Preference Shares: An aggregate nominal amount of R192 704 100.00 (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, R29 408 100.00 in terms of Series 7.)
- Class C Preference Shares: An aggregate nominal amount of R647 125 400.00 (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 549 900.00 issued in terms of Series 6 and
R61 441 700.00 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 B7 Ecsponent Pref Share C6 Ecsponent Pref Share C7
Number of Preference Shares 3 000 94 100 2 000 353 915
Nominal amount of this Tranche R300 000 R9 410 000 R200 000 R35 391 500
Issue Price per Preference Share R100 R100 R100 R100
Listing date 9 June 2017 9 June 2017 9 June 2017 9 June 2017
Dividend Commencement Date(s) 9 May 2017 N/A 9 May 2017 9 May 2017
Dividend Record and Payment Dates Declaration and finalisation N/A Declaration and finalisation Declaration and finalisation
announcements to be released announcements to be released announcements to be released
on SENS, in compliance with on SENS, in compliance with on SENS, in compliance with
Schedule 18 of the JSE Listings Schedule 18 of the JSE Listings Schedule 18 of the JSE Listings
Requirements Requirements Requirements
Dividend Rate 10% percent, per annum, N/A Prime Rate plus 4% percent, Prime Rate plus 4% percent,
payable monthly in arrears per annum, payable monthly in per annum, payable monthly in
arrears, not compound arrears, not compound
Implied yield N/A 10.66 percent per annum N/A N/A
(nacm)
First dividend payment date 19 June 2017 N/A 19 June 2017 19 June 2017
Dividend periods Monthly N/A Monthly Monthly
Any other items relating to the particular Actual / 365 N/A Actual / 365 Actual / 365
method of calculating dividends
Redemption Record Date 9 April 2021 4 March 2022 05 November 2021 4 March 2022
Redemption Amount R100 R170 R100 R100
Redemption Payment Date 12 April 2021 7 March 2022 08 November 2021 7 March 2022
8 June 2017
For and on behalf of ECSPONENT LIMITED
Sponsor
Questco (Pty) Ltd
Date: 08/06/2017 11:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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