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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
("the Company" or "Ecsponent")
Ecsponent Pref. Share A5 Ecsponent Pref Share B7
Short Name: ECSP A5 Short Name; ECSP B7
ECSP13 ECSP20
Tranche 4, Series 5 Tranche 7, 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 4, Series 8 Tranche 6, Series 7
ISIN: ZAE000246112 ISIN: ZAE000241725
Ecsponent Pref. Share C8
Short Name: ECSP C8
ECSP24
Tranche 2, Series 8
ISIN: ZAE000246757
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 R54 548 999.12 (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 R11 511 000.00 issued in
terms of Series 5).
- Class B Preference Shares: An aggregate nominal amount of R231 173 800.00 (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 153 600.00 issued in terms of
Series 7 and R19 673 000.00 issued in terms of Series 8.)
- Class C Preference Shares: An aggregate nominal amount of R710 951 400.00 (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,
R98 015 700.00 issued in terms of Series 7 and R26 220 000.00 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 Ecsponent Pref Share C8
Number of Preference Shares 8 850 100 122 980 38 250 243 200
Nominal amount of this Tranche R885 000 R10 000 R12 298 000 R3 825 000 R24 320 000
Issue Price per Preference Share R100 R100 R100 R100 R100
Listing date 11 September 2017 11 September 2017 11 September 2017 11 September 2017 11 September 2017
Dividend Commencement Date(s) 7 August 2017 N/A N/A 7 August 2017 7 August 2017
Dividend Record and Payment Declaration and finalisation N/A N/A Declaration and finalisation Declaration and finalisation
Dates 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 18 September 2017 N/A N/A 18 September 2017 18 September 2017
Dividend periods Monthly N/A N/A Monthly Monthly
Any other items relating to the Actual / 365 N/A N/A Actual / 365 Actual / 365
particular method of calculating
dividends
Redemption Record Date 10 June 2022 4 March 2022 8 July 2022 4 March 2022 15 July 2022
Redemption Amount R100 R170 R170 R100 R100
Redemption Payment Date 13 June 2022 7 March 2022 11 July 2022 7 March 2022 18 July 2022
8 September 2017
For and on behalf of ECSPONENT LIMITED
Sponsor
Questco (Pty) Ltd
Date: 08/09/2017 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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