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Issue and listing of Class A, B, C, D and E preference shares
ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179
Ecsponent Pref. Share A5 Ecsponent Pref. Share B8
Short Name: ECSP A5 Short Name: ECSP B8
ECSP13 ECSP23
Tranche 4, Series 5 Tranche 4, Series 8
ISIN: ZAE000244844 ISIN: ZAE000246112
Ecsponent Pref. Share B9 Ecsponent Pref. Share C8
Short Name: ECSP B9 Short Name: ECSP C8
ECSB9 ECSP24
Tranche 1, Series 9 Tranche 2, Series 8
ISIN: ZAE000250049 ISIN: ZAE000246757
Ecsponent Pref Share D1 Ecsponent Pref Share E1
Short Name: ECSPD Short Name: ECSPE
ECSD1 ECSE1
Tranche 2, Series 1 Tranche 2, Series 1
ISIN: ZAE000250148 ISIN: ZAE000250155
Issue and listing of Class A, B, C D and E 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 R75 803 999.12 (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
R32 766 000.00 issued in terms of Series 5).
• Class B Preference Shares: An aggregate nominal amount of R260 668 600.00 (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, R44 007 800.00 issued in terms of Series 8 and
R5 160 000.00 in terms of Series 9.)
• Class C Preference Shares: An aggregate nominal amount of R731 451 400.00 (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,
R102 115 700.00 issued in terms of Series 7 and R42 620 000.00 issued in terms of Series 8).
• Class D Preference Shares: R4 190 000.00 issued in terms of Series 1.
• Class E Preference Shares: R3 400 000.00 issued in terms of Series 1.
• Class G Preference Shares: R250 000 issued in terms of Series 1.
The total authorised amount of R5,000,000,000 under the Programme Memorandum has not been exceeded.
Ecsponent Pref Share Ecsponent Pref Share Ecsponent Pref. Share Ecsponent Pref Share Ecsponent Pref Ecsponent Pref
A5 B8 B9 C8 Share D1 Share E1
Number of Preference 60 100 45 318 48 000 20 000 31 900 24 000
Shares
Nominal amount of this R 6 010 000 R4 531 800 R4 800 000 R2 000 000 R3 190 000 R2 400 000
Tranche
Issue Price per Preference R100 R100 R100 R100 R100 R100
Share
Listing date 7 November 2017 7 November 2017 7 November 2017 7 November 2017 7 November 2017 7 November 2017
Dividend Commencement 10 October 2017 N/A N/A 10 October 2017 10 October 2017 10 October 2017
Date(s)
Dividend Rate 10% percent, per N/A N/A Prime Rate plus 4% 12.5% per annum, 11.25% per annum,
annum, payable percent, per annum, payable monthly in payable monthly in
monthly in arrears payable monthly in arrears arrears
arrears, not compound
Implied yield N/A 10.66 percent per 10.66 percent per N/A N/A N/A
annum (nacm) annum (nacm)
First dividend payment 13 November 2017 N/A N/A 13 November 2017 13 November 2017 13 November 2017
date
Dividend periods Monthly N/A N/A Monthly Monthly Monthly
Any other items relating to Actual / 365 N/A N/A Actual / 365 Actual / 365 Actual / 365
the particular method of
calculating dividends
Redemption Record Date 10 June 2022 8 July 2022 7 October 2022 15 July 2022 30 September 2022 30 September 2022
Redemption Amount R100 R170 R170 R100 R100 R100
Redemption Payment Date 13 June 2022 11 July 2022 10 October 2022 18 July 2022 3 October 2022 3 October 2022
Dividend Record and Payment Dates in respect of Preference Shares A5, C8, D1 and E1:
Declaration and finalisation announcements will be released on SENS, in compliance with Schedule 18 of the JSE Listings Requirements.
Other relevant information in respect of Preference Shares D1 and E1:
The Company shall be entitled to an administration fee in respect of the Class D and Class E 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.
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)
For and on behalf of ECSPONENT LIMITED
6 November 2017
Sponsor
Questco Corporate Advisory (Pty) Ltd
Date: 06/11/2017 11:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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