Wrap Text
Issue and listing of Series 1, Classes D, E and G preference shares and dividend declaration and finalisation
ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Ecsponent Pref Share D1 Ecsponent Pref Share E1 Ecsponent Pref Share G1
Short Name: ECSPD Short Name: ECSPE Short Name: ECSPG
ECSD1 ECSE1 ECSG1
ISIN: ZAE000250148 ISIN: ZAE000250155 ISIN: ZAE000250163
Issue and listing of Series 1, Classes D, E and G Preference shares under the ZAR5,000,000,000 Preference
Share Programme and Dividend Declaration and Finalisation Announcement
Issue and listing of Series 1, Classes D, E and G Preference shares:
The Company is pleased to announce that it will be listing the first tranches of Series 1 Classes D, E and G preference
shares on Wednesday, 4 October 2017, the details of which are summarised below:
Ecsponent Pref Ecsponent Pref Ecsponent Pref
Share D1 Share E1 Share G1
Issue Price per Preference R100 R100 R100
Share
Listing date 4 October 2017 4 October 2017 4 October 2017
Dividend rate 12.5% percent, per 11.25% percent, per 10% percent, per
annum, payable monthly annum, payable monthly annum, payable monthly
in arrears in arrears in arrears
Redemption Record Date 30 September 2022 30 September 2022 30 September 2022
Redemption Amount per R100 R100 R100
Preference Share
Redemption Payment Date 3 October 2022 3 October 2022 3 October 2022
Full details regarding the listing will be announced prior to the listing date.
Declaration and finalisation announcement in respect of the first dividend payment:
Notice is hereby given that a preference dividend has been declared in respect of the Series 1, Classes D, E and
G Preference Shares with a commencement date of 4 October 2017.
Relevant dates in relation to this dividend payment are set out below:
Last day to trade to appear in the register on Record Date Tuesday, 10 October 2017
Preference shares start trading ex-dividend Wednesday, 11 October 2017
Record Date Friday, 13 October 2017
Payment Date Monday, 16 October 2017
In accordance with the requirements of Strate, no share certificates may be dematerialised or rematerialised
between the date that the Preference Shares commence trading ex-dividend and the Record Date.
In terms of the Listings Requirements of the JSE, the following additional information is provided:
1. The dividend has been declared from income reserves;
2. The dividend withholding tax rate is 20%;
3. The Company shall be entitled to an administration fee in respect of the Class D, Class E and Class G
Preference Shares, of 0.25% per annum on the Initial Issue Price, inclusive of VAT, payable monthly in arrears
on the Monthly Dividend Payment Dates.
4. The administration fee is subject to the Value-Added Tax Act of 1991. The Company has the right to recover
the monthly administration fee, from the monthly Preference Share dividend (plus the applicable VAT thereon).
5. The gross local dividend amount and the net local dividend amount payable to Preference Shareholders that
are subject to dividends withholding tax is set out below:
Series 1 Class D Series 1 Class E Series 1 Class G
Preference Share Preference Share Preference Share
Gross local dividend 18.49315 16.43836
20.54795
amount (cents per share)
Net local dividend amount 14.79452 13.15069
16.43836
(cents per share)
0.41096 0.41096 0.41096
Administration fee
Net payment to Preference 14.38356 12.73973
16.02740
Shareholders
6. These are the first tranches of series 1 of Classes D, E and G.
7. Ecsponent’s income tax number is 9235/264/84/4.
Dividend payment dates for the remainder of 2017:
The following dividend payment dates are declared in respect of the Series 1 Classes D, E and G Preference
Shares for the remainder of 2017. Dividend amounts will be announced at least 10 business days prior to the last
day to trade:
NOVEMBER 2017
Last day to trade to appear in the register on Record Date Tuesday 7 November
Preference shares start trading ex-dividend Wednesday 8 November
Record Date Friday 10 November
Payment Date Monday 13 November
DECEMBER 2017
Last day to trade to appear in the register on Record Date Tuesday 12 December
Preference shares start trading ex-dividend Wednesday 13 December
Record Date Friday 15 December
Payment Date Monday 18 December
In accordance with the requirements of Strate, no share certificates may be dematerialised or rematerialised
between the dates that dividends start trading ex-dividend and the Record Dates.
Pretoria
26 September 2017
Sponsor
Questco (Pty) Limited
Date: 26/09/2017 12:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
