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Issue and listing of Class B, D, E and G Preference Shares
ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Ecsponent Pref. Share B10 Ecsponent Pref Share D2
Short Name: ECSP B10 Short Name: ECSPD2
JSE Code: ECSB10 JSE Code: ECSD2
Tranche 1, Series 10 Tranche 2, Series 2
ISIN: ZAE000255675 ISIN: ZAE000254389
Ecsponent Pref Share E1 Ecsponent Pref Share E2
Short Name: ECSPE Short Name: ECSPE2
JSE Code: ECSE1 JSE Code: ECSE2
Tranche 6, Series 1 Tranche 2, Series 2
ISIN: ZAE000250155 ISIN: ZAE000254397
Ecsponent Pref Share G1
Short Name: ECSPG
JSE Code: ECSG1
Tranche 4, Series 1
ISIN: ZAE000250163
Issue and listing of Class B, D, E and G 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,
- Class B Preference Shares: An aggregate nominal amount of R334 991 400.00 (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, R52 118 000.00 in terms of Series 9 and R27 364 800.00 in terms of Series 10.)
- Class C Preference Shares: An aggregate nominal amount of R734 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 R45 620 000.00
- Class D Preference Shares: An aggregate nominal amount of R67 472 500.00 (comprising R40 140 000.00
- Class E Preference Shares: An aggregate nominal amount of R70 277 000.00 (comprising R48 683 000.00
issued in terms of Series 1 and R21 594 000.00 issued in terms of Series 2).
- Class G Preference Shares: R2 021 000.00 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. Ecsponent Pref. Ecsponent Pref. Ecsponent Pref. Ecsponent Pref.
Share B 10 Share D2 Share E1 Share E2 Share G1
Type of issue Tap issue Tap issue Tap issue Tap issue Tap issue
Number of Preference Shares 149 008 131 325 6 000 126 190 1 660
Nominal amount of this Tranche R14 900 800 R13 132 500 R600 000 R12 619 000 R166 000
Issue Price per Preference Share R100 R100 R100 R100 R100
Listing date 8 May 2018 8 May 2018 8 May 2018 8 May 2018 8 May 2018
Dividend Commencement Date(s) N/A 10 April 2018 10 April 2017 10 April 2018 10 April 2017
Dividend Rate N/A 12.5% per annum, 11.25% per annum, 11.25% per annum, 10% per annum,
payable monthly in payable monthly in payable monthly in payable monthly in
arrears arrears arrears arrears
Implied yield 10.66 percent per annum N/A N/A N/A N/A
(nacm)
First dividend payment date N/A 14 May 2018 14 May 2018 14 May 2018 14 May 2018
Dividend periods N/A Monthly Monthly Monthly Monthly
Any other items relating to the N/A Actual / 365 Actual / 365 Actual / 365 Actual / 365
particular method of calculating
dividends
Redemption Record Date 3 March 2023 3 February 2023 30 September 2022 3 February 2023 30 September 2022
Redemption Amount R170 R100 R100 R100 R100
Redemption Payment Date 6 March 2023 6 February 2023 3 October 2022 6 February 2023 3 October 2022
Dividend Record and Payment Dates in respect of Preference Shares E1, G1, D2 and E2:
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 E1, G1, D2 and E2:
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.
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
7 May 2018
Sponsor
Questco Corporate Advisory (Pty) Ltd
Date: 07/05/2018 08:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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