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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 A5 Ecsponent Pref Share B7
Short Name: ECSP A5 Short Name; ECSP B7
ECSP13 ECSP20
Tranche 3, Series 5 Tranche 6, Series 7
ISIN: ZAE000244844 ISIN: ZAE000241717
Ecsponent Pref. Share B8 Ecsponent Pref. Share C7
Short Name: ECSP B8 Short Name: ECSP C7
ECSP23 ECSP21
Tranche 3, Series 8 Tranche 5, Series 7
ISIN: ZAE000246112 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 R53 663 999.12 (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 R10 626 000.00 issued in terms of Series 5).
• Class B Preference Shares: An aggregate nominal amount of R218 865 800.00 (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, R48 143 600.00 issued in terms of Series 7 and
R7 375 000.00 issued in terms of Series 8.)
• Class C Preference Shares: An aggregate nominal amount of R682 806 400.00 (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,
R94 190 700.00 issued in terms of Series 7 and R1 900 000.00 issued in terms of Series 8).
The total authorised amount of R5,000,000,000 under the Programme Memorandum has not been exceeded.
Ecsponent Pref Share A5 Ecsponent Pref Share B7 Ecsponent Pref Share B8 Ecsponent Pref Share C7
Number of Preference Shares 57 050 54 325 53 650 157 250
Nominal amount of this Tranche R5 705 000 R5 432 500 R5 365 000 R15 725 000
Issue Price per Preference Share R100 R100 R100 R100
Listing date 4 August 2017 4 August 2017 4 August 2017 4 August 2017
Dividend Commencement Date(s) 11 July 2017 N/A N/A 11 July 2017
Dividend Record and Payment Dates Declaration and finalisation N/A N/A 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 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 14 August 2017 N/A N/A 14 August 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 10 June 2022 4 March 2022 8 July 2022 4 March 2022
Redemption Amount R100 R170 R170 R100
Redemption Payment Date 13 June 2022 7 March 2022 11 July 2022 7 March 2022
3 August 2017
For and on behalf of ECSPONENT LIMITED
Sponsor
Questco (Pty) Ltd
Date: 03/08/2017 08:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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