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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 14, Series 4 Tranche 2, Series 5
ISIN: ZAE000217196 ISIN: ZAE000244844
Ecsponent Pref. Share B6 Ecsponent Pref Share B7
Short Name: ECSP B6 Short Name; ECSP B7
ECSP17 ECSP20
Tranche 9, Series 6 Tranche 5, Series 7
ISIN: ZAE000229878 ISIN: ZAE000241717
Ecsponent Pref Share B8 Ecsponent Pref Share B8
Short Name; ECSP B8 Short Name; ECSP B8
ECSP23 ECSP23
Tranche 1, Series 8 Tranche 2, Series 8
ISIN: ZAE000246112 ISIN: ZAE000246112
Ecsponent Pref. Share C6 Ecsponent Pref. Share C7
Short Name: ECSP C6 Short Name: ECSP C7
ECSP18 ECSP21
Tranche 8, Series 6 Tranche 4, Series 7
ISIN: ZAE000231205 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 R47 958 999.12 (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, R9 365 900.00 issued in terms of Series 4 and R4 921 000.00 issued in
terms of Series 5).
- Class B Preference Shares: An aggregate nominal amount of R208 068 300.00 (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 566 700.00 issued in terms of Series 6, R42 711 100.00 issued in terms of
Series 7 and R2 010 000.00 issued in terms of Series 8.)
- Class C Preference Shares: An aggregate nominal amount of R665 181 400.00 (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, R134 581 900.00 issued in terms of Series 6 and
R78 465 700.00 issued in terms of Series 7).
The total authorised amount of R5,000,000,000 under the Programme Memorandum has not been exceeded.
Class A preference shares:
Ecsponent Pref Share A4 Ecsponent Pref Share A5
Number of Preference Shares 31 500 48 210
Nominal amount of this Tranche R3 150 000 R4 821 000
Issue Price per Preference Share R100 R100
Listing date 10 July 2017 July 2017
Dividend Commencement Date(s) 12 June 2017 12 June 2017
Dividend Record and Payment Dates Declaration and finalisation Declaration and finalisation
announcements to be released announcements to be released
on SENS, in compliance with on SENS, in compliance with
Schedule 18 of the JSE Schedule 18 of the JSE
Listings Requirements Listings Requirements
Dividend Rate 10% percent, per annum, 10% percent, per annum,
payable monthly in arrears payable monthly in arrears
Implied yield N/A N/A
First dividend payment date 17 July 2017 17 July 2017
Dividend periods Monthly Monthly
Any other items relating to the particular Actual / 365 Actual / 365
method of calculating dividends
Redemption Record Date 9 April 2021 10 June 2022
Redemption Amount R100 R100
Redemption Payment Date 12 April 2021 13 June 2022
Class B preference shares:
Ecsponent Pref Ecsponent Pref. Ecsponent Pref.
Share B6 Share B7 Share B8
Number of Preference Shares 512 133 030 Tranche 1 – 100
Tranche 2 – 20 000
Nominal amount of this Tranche R51 200 R13 303 000 Tranche 1 – R10 000
Tranche 2 – R2 000 000
Issue Price per Preference Share R100 R100 R100
Listing date 10 July 2017 10 July 2017 10 July 2017
Implied yield 10.66 percent per 10.66 percent per 10.66 percent per annum
annum (nacm) annum (nacm) (nacm)
Redemption Record Date 8 October 2021 4 March 2022 8 July 2022
Redemption Amount R170 R170 R170
Redemption Payment Date 11 October 2021 7 March 2022 11 July 2022
Class C preference shares:
Ecsponent Pref Share C6 Ecsponent Pref Share C7
Number of Preference Shares 10 320 170 240
Nominal amount of this Tranche R1 032 000 R17 024 000
Issue Price per Preference Share R100 R100
Listing date 10 July 2017 10 July 2017
Dividend Commencement Date(s) 12 June 2017 12 June 2017
Dividend Record and Payment Dates Declaration and finalisation Declaration and finalisation
announcements to be released announcements to be released
on SENS, in compliance with on SENS, in compliance with
Schedule 18 of the JSE Listings Schedule 18 of the JSE Listings
Requirements Requirements
Dividend Rate Prime Rate plus 4% percent, per Prime Rate plus 4% percent, per
annum, payable monthly in annum, payable monthly in
arrears, not compound arrears, not compound
Implied yield N/A N/A
First dividend payment date 17 July 2017 17 July 2017
Dividend periods Monthly Monthly
Any other items relating to the particular Actual / 365 Actual / 365
method of calculating dividends
Redemption Record Date 5 November 2021 4 March 2022
Redemption Amount R100 R100
Redemption Payment Date 8 November 2021 7 March 2022
7 July 2017
For and on behalf of ECSPONENT LIMITED
Sponsor
Questco (Pty) Ltd
Date: 07/07/2017 11:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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