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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 B11
Short Name: ECSP B10 Short Name: ECSP B11
JSE Code: ECSB10 JSE Code: ECSB11
Tranche 1, Series 10 Tranche 1, Series 11
ISIN: ZAE000255675 ISIN: ZAE000258844
Ecsponent Pref Share D1 Ecsponent Pref Share D2
Short Name: ECSPD1 Short Name: ECSPD2
JSE Code: ECSD1 JSE Code: ECSD2
Tranche 7, Series 1 Tranche 2, Series 2
ISIN: ZAE000250148 ISIN: ZAE000254389
Ecsponent Pref Share D3 Ecsponent Pref Share E2
Short Name: ECSPD3 Short Name: ECSPE2
JSE Code: ECSD3 JSE Code: ECSE2
Tranche 1, Series 3 Tranche 2, Series 2
ISIN: ZAE000258851 ISIN: ZAE000254397
Ecsponent Pref Share E3 Ecsponent Pref Share G1
Short Name: ECSPE3 Short Name: ECSPG1
JSE Code: ECSE3 JSE Code: ECSG1
Tranche 1, Series 3 Tranche 7, Series 1
ISIN: ZAE000258869 ISIN: ZAE000250163
Ecsponent Pref Share G2
Short Name: ECSPG2
JSE Code: ECSG2
Tranche 1, Series 2
ISIN: ZAE000258877
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,
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 R368 549 400.00 (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, R50 248 800.00 in terms of Series 10 and R10 674 000.00 in terms of Series 11.)
- 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 issued in terms of Series 8).
- Class D Preference Shares: An aggregate nominal amount of R113 242 500.00 (comprising R42 540 000.00 issued
in terms of Series 1, R67 702 500.00 issued in terms of Series 2 and R3 000 000.00 issued in terms of Series 3).
- Class E Preference Shares: An aggregate nominal amount of R80 412 000.00 (comprising R48 683 000.00 issued in
terms of Series 1, R30 579 000.00 issued in terms of Series 2 and R1 150 000.00 issued in terms of Series 3).
- Class G Preference Shares: An aggregate nominal amount of R2 861 000.00 (comprising R2 781 000.00 issued in
terms of Series 1and R80 000 issued in terms of Series 2).
Ecsponent Pref. Ecsponent Pref. Ecsponent Pref. Ecsponent Pref. Ecsponent Pref.
Share B10 Share B 11 Share D1 Share D2 Share D3
Type of issue Tap issue Tap issue Tap issue Tap issue Tap issue
Number of Preference 61 950 106 440 24 000 289 500 20 000
Shares
Nominal amount of this R6 195 000 R10 644 000 R2 400 000 R28 950 000 R2 000 000
Tranche
Issue Price per Preference R100 R100 R100 R100 R100
Share
Issue and Listing date 10 July 2018 10 July 2018 10 July 2018 10 July 2018 10 July 2018
Dividend Commencement N/A N/A 13 June 2018 13 June 2018 13 June 2018
Date(s)
Dividend Rate N/A N/A 12.5% per annum, payable 12.5% per annum, payable 12.5% per annum, payable
monthly in arrears monthly in arrears monthly in arrears
Implied yield 10.66 percent per annum 10.66 percent per annum N/A N/A N/A
(nacm) (nacm)
First dividend payment N/A N/A 16 July 2018 16 July 2018 16 July 2018
date
Dividend periods N/A N/A Monthly Monthly Monthly
Any other items relating to N/A N/A Actual / 365 Actual / 365 Actual / 365
the particular method of
calculating dividends
Redemption Record Date 3 March 2023 9 June 2023 20 September 2022 3 February 2023 9 June 2023
Redemption Amount R170 R170 R100 R100 R100
Redemption Payment Date 6 March 2023 12 June 2023 3 October 2022 6 February 2023 12 June 2023
Ecsponent Pref. Ecsponent Pref. Ecsponent Pref. Ecsponent Pref.
Share E2 Share E3 Share G1 Share G2
Type of issue Tap issue Tap issue Tap issue New issue
Number of Preference 55 650 6 500 7 600 800
Shares
Nominal amount of this R5 565 000 R650 000 R760 000 R80 000
Tranche
Issue Price per Preference R100 R100 R100 R100
Share
Issue and Listing date 10 July 2018 10 July 2018 10 July 2018 10 July 2018
Dividend Commencement 13 June 2018 13 June 2018 13 June 2018 10 July 2018
Date(s)
Dividend Rate 11.25% per annum, payable 11.25% per annum, payable 10% per annum, payable monthly 10% per annum, payable monthly
monthly in arrears monthly in arrears in arrears in arrears
Implied yield N/A N/A N/A N/A
First dividend payment 16 July 2018 16 July 2018 16 July 2018 13 August 2018
date
Dividend periods Monthly Monthly Monthly Monthly
Any other items relating to Actual / 365 Actual / 365 Actual / 365 Actual / 365
the particular method of
calculating dividends
Redemption Record Date 3 February 2023 9 June 2023 30 September 2022 7 July 2023
Redemption Amount R100 R100 R100 R100
Redemption Payment Date 6 February 2023 12 June 2023 3 October 2022 10 July 2023
The total authorised amounts of R5,000,000,000 under the Programme Memorandum has not been exceeded.
Dividend Record and Payment Dates in respect of Preference Shares D2, D3, E2, E3, G1 and G2:
Declaration and finalisation announcements will be released on SENS, in compliance with Schedule 2 Form H1 of the JSE Listings Requirements.
Other relevant information in respect of Preference Shares D2, D3, E2, E3, G1 and G2:
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
9 July 2018
Sponsor
Questco Corporate Advisory (Pty) Ltd
Date: 09/07/2018 09:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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